The growing prominence of Asian economies in the world has done more than shake up the old economic order. As the world economy becomes more globalized, new challenges thrown up in intercultural business interactions between the East and the West. In our book, Asian versus Western management thinking: its culture-bound nature, we are looking at various research point of view, from the cross-cultural management in cognitive psychology. We conducted case studies on Asian and Western managers, and conducted another study of immigrants from Asia and the West in the way they make business decisions. We see two very different approaches to thought and action, based on a different philosophy based on reason and culture. We call these different ways of thinking, "inductive" and "deductive" and argue that the two approaches, when realized, can be used to expand and deepen the tool bar manager, allowing more strategic abilities. "Hide
by Kimio Kase, Alesia Slocum, Yingying Zhang Source: IESE-Insight Magazine 8 pages. Publication Date: December 15, 2011. Prod. #: IIR066-PDF-ENG
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