How do people handle the unknown?


Published on

Part # 1: What does it mean to handle the unknown?
Part # 2: In which cultures do people avoid the unknown?
Part # 3: In which cultures do people embrace the unknown?

Published in: Business
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

How do people handle the unknown?

  1. 1. How do people handle the unknown?
  2. 2. Part # 1 What does it mean to handle the unknown? Part # 2 In which cultures do people avoid the unknown? Part # 3 In which cultures do people embrace the unknown?
  3. 3. Part # 1 What does it mean to handle the unknown?
  4. 4. Degree of rule focus Handling the unknown Speed of decision making Degree to which it is expected to be open and express feelings Attitudes towards people who are different Part of time spent on planning and structuring Part of income put in savings accounts Part of income spent on insurance Degree of order, precision, and perfectionism Degree to which people suffer from stress Time and money spent on trying new ideas out Time and money spent on idea development Part of people who resist change
  5. 5. Cultures with high uncertainty avoidance try to minimize uncertainty through strict laws and rules as well as safety and security measures.
  6. 6. How many rules does a company, you work for, have?
  7. 7. Characteristics of rule-based cultures # 1: People respect the rules for their own sake. # 2: Compliance with rules is often encouraged by guilt feelings and fear of punishment.
  8. 8. People in rule-based cultures seek security and predictability by structuring their environment, and in particular by structuring their time. They tend to set aside a time slot for each activity, resulting in appointments and strict schedules.
  9. 9. To be efficient To be creative Plan. Let things emerge. Impose process and structure. Avoid process and encourage unstructured interaction. Govindarajan, Vijay & Trimble, Chris: 10 rules for strategic innovators, p. 3.
  10. 10. Much of the typical risk aversion related to smaller investments can be attributed to a combination of 2 well-documented behavioral biases. 1. Loss aversion People fear losses more than they value equivalent gains. 2. Narrow framing People weigh potential risks as if there were only a single potential outcome – as opposed to many outcomes in the long term.
  11. 11. Graham Duncan You indicate that small and large corporations have different motivations for using social media. Why is big business so slow to catch on to social media? Paul Gillin There are lots of reasons, including bureaucracy, conservatism, shareholder pressure, regulatory requirements, legal concerns, internal politics, and brand equity.
  12. 12. Study shows that as the days grow shorter, people feel less and less like taking risk.
  13. 13. Part # 2 In which cultures do people avoid the unknown?
  14. 14. Uncertainty avoidance - comparison
  15. 15.
  16. 16.
  17. 17. People with international business experience have confirmed many times that German organizations need more structure. Hofstede, Geert: Cultures and Organizations, p. 305.
  18. 18. “When people must park their cars driving backwards, focus on security is strengthened.” Tanja Thorsteinsson, Siemens Wind Power.
  19. 19. Much of the country's [Germany’s] best homegrown talent is locked inside the country's great corporations, leaving young companies hard-pressed to find qualified employees.
  20. 20. Attention to detail
  21. 21. Attention to detail
  22. 22.
  23. 23. Peter and Paul Fortress in St. Petersburg, Russia
  24. 24. Russia, China and many Arab states, which want more Internet regulation, a greater governmental control and have been pushing to expand the treaty beyond traditional telecom operators.
  25. 25. Who is watching you now? Do you know?
  26. 26. In the United Arab Emirates and Saudi Arabia, Viber was blocked.
  27. 27. When you look around where you live / work, how large a part of the doors and gates are locked? Why are they locked?
  28. 28.
  29. 29.
  30. 30. Fascism and racism find their most fertile ground in cultures with strong uncertainty avoidance plus pronouncedly masculine values. Hofstede, Geert: Cultures and Organizations, p. 255.
  31. 31. Part # 3 In which cultures do people embrace the unknown?
  32. 32. People from Singapore, the nordic countries, Great Britain, the USA, and Hong Kong feel most comfortable in a world with few rules. They are more likely to stimulate innovations and emphasize new ideas, are more flexible and more acting than reacting on changes occurring inside and outside of business.
  33. 33. Open Data Index top 10
  34. 34. The United States, Europe, and Canada want a hands-off approach to Internet regulation and want to limit the new treaty's scope to telecom companies.
  35. 35. Open gardens
  36. 36. High spending on education in Scandinavia
  37. 37. When people in Thailand do not do what they are supposed to do, other people may just smile and let it go.
  38. 38. A street in India
  39. 39. Cultures with Chinese-speaking populations and Confucian tradition tend to score lower on uncertainty avoidance.
  40. 40. The about 16'000 chinese mines are the most dangerous in the world. In 2008, more than 3,000 people were killed in mine floods, explosions, collapses and other accidents in China’s coal-mining industry.
  41. 41. How safe is your work environment?
  42. 42. Further inspiration