Tag Archives: Wal-Mart

BOOK REVIEW: “The Strategy Book” by Max McKeown (2012)

Max McKeownThe Strategy Book gives a clear and concise introduction to some of the main challenges that organizations face. It has many examples from different industries and challenges the reader to ask some difficult questions about their own practices. It is a useful introduction to the subject and a good book to provoke some discussion for more experienced managers.  Continue reading

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Filed under Book Review, Business, Business Schools, Careers, Entrepreneurship, Leadership, Management, MBA, Strategy

An Englishman in New York

Psychological distance and international trade

In the 1970s researchers in Sweden starting looking into the concept of psychological distance and how this related to the international development of companies. The basic premise is that we prefer to interact and therefore trade with people who are similar to ourselves. Spanish companies find it easier to trade with South America because of the historical links they share. Similarly, British managers find that they are psychologically closer to their US counterparts than managers in Continental Europe.   Continue reading

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Filed under China, Great Britain, India, Intercultural, Management, Research, USA, Vacation / Holidays

Symbols of the nation in the USA, the UK and France

A symbol of the US government The news last week was dominated by the commemoration of the terrorist attacks on New York & Washington on September 11th 2001. During such difficult moments people often try unite around their nations. In this context, symbols of the nation become important. However, such symbols will vary from country to country.  Continue reading

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Filed under France, Great Britain, Intercultural, Leadership, USA