Its Group assignment on Organizing and Managing Across Cultures in Bachelor of Business Management. And its briefly discussed Monochronic and Polychronic approaches towards timeMonochronic and Polychronic approaches towards time Monocoronic & Polychronic approach toward time in Coca Cola company
4. Monochronic Vs Polychronic
Monochronic Polychronic
• Do one thing at a time and Committed to the job
• Late comers are not appreciated (Punctual)
• People work together to reach as much agreement as
possible.
• Concentrate on the job
• Focused comminution to the point
• Plans methodically (Plan first then work) and Sticks to plans
(Without delay)
• Sticks to facts (low-context and need information, Gets info
from statistics, reference books, database and strict to the
memoranda)
• Take time commitments (deadlines, schedules) seriously
• No distractions or interruptions
• Time to spent useful
• Completing tasks in a systematic way. Works within
department
• Accustomed to short-term relationships
• Concerned about not disturbing others; follow rules of
privacy and consideration
• Do many things at a once
• Importance of Relationship and Respects through relationship
• More concerned with those who are closely related (family,
friends, close business associates)
• Negotiation
• Time to understand the issues from up to bottom
• Quick decisions
• Gets first-hand oral information
• High-context and already have information
• Unlike of communication and Take time for meetings
• Frequent interruption
• No concentration in a meeting
• Highly distractible and subject to interruptions
• Plans grand outline/ “vision”
• Change plans often and easily
• Unpunctual
• Talks for hours
• Dislikes writing too much, prefers flexibility to commitment
(Gesteland, 2000; Bartosik-Purgat, 2006)
04
6. The transformations in the
world’s economy, have forced
enterprises to expand their
activities and management by
adding the international
dimension
(Nowakowski, 2005; Hofstede, 2000) 06
7. Company Background
Industries
served
Beverage
Geographic
areas served
Worldwide (more than 200
countries)
Headquarters Atlanta, Georgia, United States
Current CEO James Quincey
Revenue (US$) 35.410 billion (2017) 15.4%
decrease over 41.863 billion (2016)
Profit (US$) 1.182 billion (2017) 81.9% decrease
over 6.527 billion (2016)
Employees 61,800 (2018)
Main
Competitors
PepsiCo Inc., Dr Pepper Snapple
Group, Inc., Unilever Group,
Mondelez International, Inc.,
Groupe Danone, Kraft Foods Inc.,
Nestle S.A. and many other
companies in the beverage industry.
Company Profile
The Coca-Cola Company was originally
established as the J. S. Pemberton
Medicine Company, a co-partnership
between Dr. John Stith Pemberton and
Ed Holland.
Dr. John Stith Pemberton for the first
time produced the syrup for Coca-Cola
on May 8,1886.
The Coca-
Cola formula and brand was bought in
1889 by Asa Candler
who incorporated
The Coca-Cola
Company in 1892.
(coca-cola.com, 2019)
07
8. Managing Cultural differences between monochronic and polychronic
towards time in Coca-Cola Company
Country Chit-chat Agenda Communication
Brazil Chit-chat No agenda Direct
USA Minimal Chit-chat Yes Direct
Northern Europe Minimal Chit-chat Sticking to it firmly Indirect
UAE Chit-chat Agenda but very
relaxed
Indirect
Hong Kong and Japan Chit-chat Sticking to the Agenda Indirect
New Zealand and
Australia
Minimal Chit-chat Sticking to the Agenda Direct
(Kroeber, 2002)
08
9. Monochronic cultures at Coca Cola
Germany
Entrepreneurship and innovation
Scheduling a Meeting one at time
Late comers are not appreciated
Straight forward and consensus-oriented
Task oriented
People work together to reach as much
agreement as possible.
Canada
Scheduled events by Focus on one at a time
Schedules programs by wasting time for
unnecessarily
Welled planed
Changes in plan will make an inconvenience
Complete the tasks methodically
No interruptions in the meetings
Late is disrespectful in a meetings
(Segrest, 2014)
09
10. Polychronic cultures at Coca Cola
India
Importance of Relationship
Negotiation in every event.
Discussion and Opinion of
everyone is important.
Time to understand the issues
from up to bottom
Quick decisions
Japan
Sticking to the agenda
Unclear in communication
Take time for meetings
Not active speakers to others
Respects through relationship
Latin America
Meetings are not on time
Frequent interruption
Several work simultaneously
Time is flexible
Meetings are not to Agenda
Multiple tasks during the
meeting
No concentration in a meeting
(Segrest, 2014)
10
11. Coca Cola is based in several geophyte locations in the world. Managing cultures, for multinational business meetings is very important.
Clash during meetings with clients or colleagues, due to cultural differences.
Need find the barriers which are affected to smoothly run of multicultural meetings
Important to not allow preconceptions and stereotypes to influence company behaviour
Don't make assumptions about an individual or a group; take time to get to know people and find out the correct information.
Avoid making instant judgement.
The company tend to make immediate evaluations based on their own culture.
Can use different methods in relationship building. When companies which in other countries come together to work on a task,
Cultures differ also with respect to the importance placed on establishing relationships early in the collaboration.
When Coca Cola Company in another culture, they can try to engage more with “locals” in workplace.
Get an honest opinion of any mistreatment and oppression that may have taken place in that environment. Be open to learning about people.
Conclusion
11
12. Recommendations
•1. Ascertain the cross-
cultural concerns and
acquire a critical awareness
regarding the cultural
landscape of the business
setup.
•2. Develop skills of conflict
resolution of the managers
and encourage
collaborations and
partnerships.
•3. Be specific about the
expected outcome of the
meeting before the
commencement.
•4. Don’t leave anything to
the imagination. Confusion is
even more likely when there
is a cultural difference.
•5. Important to involve
every member and at the
same time respect
everyone’s cultural
assumptions.
6. Always facilitator or
adviser need to lead the
team carefully with
understanding their
subordinate’s cultural
behaviours
•7. Do homework before
meeting with any culture.
This way everyone will feel
respected and facilitator can
truly enjoy a diverse team.
•8. Capitalize on
communicative skills of
personnel to build trust
across cultural diversities.
12
13. • Avruch, K. and P.W. Black (1993), ‘Conflict Resolution in Intercultural Settings:
Problems and Prospects’, in D.J.D. Sandole and H. van der Merwe (eds), Conflict
Resolution Theory and Practice: Integration and Application, Manchester University
Press, Manchester (England) and St. Martin’s Press, New York.
• Fleming, Quenting W., Koppleman Joel M. (2005) Earned Value Project
Management. Newton Square – Pennsylvania: PMI Publications.
• Hall, E. T. (1983). The dance of life: The other dimension of time. New York:
Anchor Press.
• Hall, E. T. (1989). Beyond culture. New York: Anchor Press.
• Hall, E. T. (1990). The hidden dimension. New York: Anchor Press.
• Hall, E. T., & Hall, M. R. (1990). Understanding cultural differences. Yarmouth, ME:
Intercultural Press.
• Kaufman, C. F., Lane, P. M., & Lindquist, J. D. (1991). Exploring more than 24
hours a day: A preliminary investigation of polychronic time use. Journal of
Consumer Research, 18(3), 392–401.
• -
13
ReferencesList-1
14. • Kvassov, V., & Tetard, F. (2000, November). Impacts of information technology on
temporal dimensions of managerial work and its productivity. Proceedings of 5th
AIM conference. Montpellier, France.
• Kras, E. (1995). Management in two cultures: Bridging the gap between US and
Mexican managers. Yarmouth, ME: Intercultural Press.
• Morosini, P., Shane, S., & Singh, H. (1998). National cultural distance and cross-
border acquisition performance. Journal of International Business Studies, 29(1),
137–158.
• Morrison, T., Conaway, W., & Borden, G. (1994). Kiss, bow, or shake hands: How
to do business in sixty countries. Holbrook, MA: Adams Publishing.
• Segrest, S. (2014) Coke Executives on How to Navigate a Complex Global Business
Environment [online] viewed on 21st November 2019 available at
<https://www.coca-colacompany.com/stories/coke-executives-on-how-to-navigate-
a-complex-global-business-environment>
14
ReferencesList-2