Comparison Between Management Styles Of Bolivia And Slovakia.

3123 words - 12 pages

The management style of a country is affected by various social and cultural values. This serves to explain the great differences in management style that are visible from country to country. The different values of the inhabitants give shape to many managerial factors such as the style of leadership, the methods of motivation and negotiation styles of the managers within the country. The effect of the cultural identity upon management and workers is evident when examining Bolivia and Slovakia. Situated on different continents, with extremely different histories and values, the management style differs greatly between the two countries. However, curiously, they also possess a few similarities. Both countries have recently entered into programmes of macroeconomic stabilization, which has affected the preferred styles of management.Bolivia broke away from Spanish rule in 1825, and has a history filled with nearly 200 coups and counter-coups. A fairly democratic civilian rule was established in the 1980's. However, Bolivia's leaders have faced long-standing problems of extreme levels of poverty, social unrest, and high levels of drug production. Although Bolivia is a richly endowed country, it has always had a relatively poor population. This is why it is remarkable to observe that this country, the poorest nation in South America for well over a decade, has nonetheless continued their programme of stabilization with immense achievement. The programme for macroeconomic stabilization and structural reform, which was initiated by the Government in Bolivia in 1985, has achieved such goals as maintaining price stability, creating conditions for sustained growth, and lessening poverty. Also, the role of the State has been reduced because of their privatization programme. Since 1993, GDP growth has been steady, inflation has fallen, trade has increased, and there has been an abrupt rise in foreign direct investment. Though economic progress has been made, it has not been enough to cope with the high levels of poverty that exist in the country nor has is been sufficient to eliminate the reservations of those interested in investing in the country; therefore the programme must continue forward. Current goals of Bolivia include attracting foreign investment, strengthening the educational system, resolving disputes with coca growers over Bolivia's counter-drug efforts, continuing the privatization program, and waging an anticorruption campaign. The gradual turnaround of the economic status of Bolivia foretells a bright and stable economic future.The Slovak Republic, commonly referred to as Slovakia, is a landlocked country located in central Europe. The Slovaks joined the Czechs to from Czechoslovakia in 1918. After the tumultuous times of World War II, Czechoslovakia became a Communist country within the Soviet-rules Eastern Europe. However, the Soviet influence collapsed in 1989 and Czechoslovakia regained its liberty. The Slovaks and the Czechs came to a...

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