University of Phoenix
Analysis and Reconciliation of Values in a Global Setting
Dennis Fulmer
December 22, 2008
To have values in today’s global market for each of its members is important. The term value is a concept that describes the beliefs of an individual or culture. A set of values may be placed into the notion of a value system. Values are considered subjective and vary across people and cultures. Types of values include ethical/moral values, doctrinal/ideological (political, religious) values, social values, and aesthetic values (Farlex). A person’s values are necessary to work together as a team in harmony to accomplish a common goal.
As companies span to different countries and markets in every part of the world, the understating that the shift from a local or regional setting to a global setting is also very important in order for companies to work toward that common goal with harmony. The goal is based on the company’s desire to thrive in today’s global setting. Which could be anything from recruiting the talent and skills, both language and trade, to doing research on a particular culture in order to see if that culture would be a target for the company’s good and services. At first, when a shift for a local or regional setting occur a global setting can be tough to see, because it requires the each person to shift focus off of the geological area around them and look at the company’s potential customer base as worldwide. A commitment for the company’s leader to host training sessions, so each employee can see the benefits of working in a global setting. The shift to a global setting is necessary because of the advance in technology, the competition the marketplace and the necessity for companies to offer a variety of goods and services worldwide.
When a shift to a global setting occurs, having well established values is necessary for the company, employees, and vendors that are well established. The importance to have values...