Taking the long term view

by Francis on March 5, 2010

Long Term Ori­ent­a­tion sits along with Power Dis­tance, Indi­vidu­al­ity, Mas­culin­ity and Uncer­tainly Avoid­ance as one of the meas­ured cul­tural dif­fer­ences from Hofstede’s research.

As the name of this char­ac­ter­istic sug­gests, it is a meas­ure of a culture’s per­spect­ive of the future, how it impacts on life and busi­ness and how life and busi­ness impacts on the long term view of the culture.

The cul­tures with the highest an there­fore the longest view of things are the asian cul­tures of China, Taiwan, Japan and South Korea with Brazil and India com­ing along next on the list, at the other end of the scale are Pakistan, Nigeria, Spain, Canada, Great Bri­tain and the United States. Those coun­tries with the long term ori­ent­a­tion are struc­tured to expect rewards and returns for their efforts to mani­fest some­where in the future and as such place high social value on per­sever­ance, thrift, will­ing­ness to sub­or­din­ate them­selves for a higher pur­pose and adapt­ive­ness, the short term ori­ented soci­et­ies place their val­ues on short term returns and rewards, regard spend­ing as nor­mal beha­viour and while these soci­et­ies also have a high regard for tra­di­tions, they also place a high value of social status and obligations.

Many of these dif­fer­ing views when applied to busi­ness are read­ily vis­ible in todays mar­ket­place where China and India with their long term views are engaged in acquir­ing access to many of the worlds nat­ural resources from short term ori­ented com­pan­ies and coun­tries who are equally delighted with the short term gains their soci­et­ies are mak­ing through the sale of these national assets.

From a pro­ject com­mu­nic­a­tions per­spect­ive, how best to man­age com­mu­nic­a­tions between cul­tures with diver­gent long term views?

  • Cul­tures with the long term view value under­stand­ing how the pro­ject object­ives will bene­fit the company’s mar­ket pos­i­tion and its future, they have a pref­er­ence toward form­ally struc­tures, familial organ­isa­tions and feel more com­fort­able when they and their col­leagues are treated more alike, they also have an interest in train­ing and devel­op­ment oppor­tun­it­ies that will bene­fit both them­selves and the organisation/project. Along with which indi­vidu­als from these cul­tures are more likely to join a com­pany for the long term rela­tion­ship they believe will be forth­com­ing, so com­mu­nic­a­tion styles that are inclus­ive, open and work toward build­ing a rela­tion­ship will be most effective.
  • Per­son­nel from Short Term Ori­ented cul­tures value more indi­vidual free­dom and a mer­ito­cracy, as such, they are more inter­ested in how the pro­ject will bene­fit the company’s imme­di­ate bot­tom line and the cur­rent years profits along with their own imme­di­ate rewards and pro­spects. These indi­vidu­als are more likely to be motiv­ated by their own status within the pro­ject and their loy­al­ties will be to them­selves rather than the organ­isa­tion. Com­mu­nic­at­ing with them as indi­vidu­als rather than as units will typ­ic­ally be more effect­ive, and when required, indi­vidual and imme­di­ate motiv­a­tional tech­niques will typ­ic­ally be more effect­ive than long term career opportunities.

On the sur­face, long term ori­ent­a­tion appears to be rel­at­ively appar­ent in dif­fer­ent soci­et­ies and it is easy to fall into the trap of believ­ing that as such it is easy to man­age, how­ever, the nuances of its impact on the soci­et­ies and indi­vidu­als is very com­plex, as such, I would cau­tion not jump­ing to any fixed con­clu­sion but to care­fully observe the devel­op­ment of rela­tion­ships and com­mu­nic­a­tion pat­terns across the life cycle of the pro­ject and adapt com­mu­nic­a­tion styles to reflect developments.


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