Foreign companies can be at a disadvantage when competing against domestic companies strengthened by informal networks developed over years and even lifetimes. In Korea, for example, two types of informal networks play a major role in the success of Korean companies. The first of these networks is the more personal Yongo, which is built on […]
Read More… from How to Turn Foreignness into a Competitive Advantage
Past studies have demonstrated the power of humor in strengthening relationships between leaders and followers. In the early stages of these relationships, the power position of leaders requires them be the ones to reach out to followers. Humor is an effective strategy for making these early connections. Humor positively impacts early-stage relationships in three ways. […]
Read More… from Leadership Humour Not Always Appreciated in Different Cultures
