This paper proposes the term Globalizaton of Business Practices to embrace the implementation of practices that help an organization compete in global markets while adapting to the local cultural needs of the employees. When global business practices (for example, those developed in the US and Canada) are localized to the Latin America context, they are implemented more successfully because they are more meaningful to Latin Americans, and therefore more psychologically empowering. Consequently, any imported business practices that do not fit with the Latin American cultural value of vertical-collectivism will be disempowering and will likely elicit opposition and decrease performance.
|Keywords:||Globalization, Empowerment, Latin America|
Assistant Professor, College of Business and Public Policy, University of Alaska Anchorage, Anchorage, Alaska, USA
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