Comparative Mgt of Malaysia

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    THE COUNTRY OF TOURISMTHE COUNTRY OF TOURISMTHE COUNTRY OF NATURAL BEAUTYTHE COUNTRY OF NATURAL BEAUTY

    AND THE COUNTRY OF OPPORTUNITYAND THE COUNTRY OF OPPORTUNITY

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    ( )Liton Kumar Kundu 02

    ( )Afroza Chowdhury 52

    ( )MithilaSanhita Majumder 62

    ( )Nayan Dey 72

    . ( )Md Washim Farazi 92

    GROUP MEMBERSGROUP MEMBERS

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    WELL BE PRESENTINGWELL BE PRESENTING

    . &1 History Economy of MALAYSIA

    .3 Culture of MALAYSIA

    .4 Business Etiquette in MALAYSIA

    .5 Management Practice

    .6 Negotiation Practice

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    GEOGRAPHIC LOCATIONGEOGRAPHIC LOCATION

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    ABOUT MALAYSIAABOUT MALAYSIA

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    History of Malaysia

    A geographically truncated Malaysia emerged out of theterritories colonized by Britain in the late nineteenthand early twentieth centuries.

    Britain was attracted to the Malay peninsula by its vastreserves of tin, and later found that the rich soil wasalso highly productive for growing rubber trees.

    Malaysia was established in September 1963 through theunion of the Independent Federation of Malay.

    The theme of Malaysian is One Malaysia whichindicates the Malaysian as number one.

    Thomas Williamson (www,advameg.inc.)

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    CITIES OF MALAYSIACITIES OF MALAYSIA

    Kuala Lumpur (1 February 1972) Ipoh (27 May 1988) Kuching (1 August 1988) Johor Bahru (1 January 1994) Kota Kinabalu (2 February 2000) Shah Alam (10 October 2000) Malacca Town (15 April 2003) Alor Setar (21 December 2003)

    Miri (20 May 2005) Petaling Jaya (20 June 2006) Kuala Terengganu (1 January 2008)

    en.wikipedia.org

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    ECONOMYOF

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    ECONOMIC PROFILEECONOMIC PROFILE

    GDP - $378.9 billion (2010 est.)

    GDP per capita (PPP)- $14,700 (2010est.)

    Labor force - 11.29 million (2010 est.)

    Population below poverty line - 5.1% (2002 est.)

    Unemployment rate - 5% (2010 est.)

    Inflation rate (consumer prices)- 0.4% (2010 est.)

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    GDP COMPOSITION BYGDP COMPOSITION BYSECTORSECTOR

    Source: https://www.cia.gov/library/publications/the-world-factbook/geos/fr.html

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    INTERNATIONAL TRADEINTERNATIONAL TRADE

    ion

    - electronic equipment, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textilesion

    - electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals.

    gn investment at home - $86.43 billion

    gn investment abroad - $70.7 billion

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    .1 Rubber and palm oil processing

    .2 Light manufacturing

    . &4 Logging timber processing

    .3 Electronics

    MAJOR INDUSTRIESMAJOR INDUSTRIES

    . ,5 Agriculture processing

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    CULTUREOFMALAYSIA

    . , &1 Ethnic groups Religion Language

    .3 Public Conduct

    .2 Family Values

    . 5 Hofstede sCultural Dimensions

    4. Superstitions

    . 5 Hofstede sCultural Dimensions

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    ETHNIC COMPOSITION

    Source: :// . .http www worldbusinessculture com

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    RELIGIOUS MAKE-UP

    Source: :// . .http www worldbusinessculture com

    L f

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    English Malay

    Cantonese Hokkien

    Mandarin Tamil

    Others

    Language ofMALAYSIA

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    MALAYSIAIN FAMILY VALUESMALAYSIAIN FAMILY VALUES

    .mily is considered the centre of the social structure

    , .s a great emphasis on unity loyalty and respect for the elderly

    , .s tend to be extended although in the larger cities this will naturally differ

    .ended family provides both emotional and financial support

    ,es have few children but parents take their role as guardians and providers ver

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    e different rules of behavior for people within their social circle and those w

    ,ite in all dealings it is only with their close friends and family that they a

    , .es and responsibilities including being available should you be needed Friends

    RELATIONSHIP PUBLIC VS.RELATIONSHIP PUBLIC VS.PRIVATEPRIVATE

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    UNACCEPTABLE PUBLICUNACCEPTABLE PUBLICCONDUCTCONDUCT

    .1 ,Don't expose the bottoms of their shoes or prop their feet up2.Avoid public display of anger, try to take things easy.1.

    3.One should not touch other peoples top portion of the head.4.Malays do not appreciate display of affection in public places.5.Touching someone from the opposite sex is also avoidable.

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    SUPERISTATIONSSUPERISTATIONS

    http://www.google.com/imgres?imgurl=http://www.indiabuzzing.com/wp-content/uploads/science-superstition-a-matter-of-belief.jpg&imgrefurl=http://www.indiabuzzing.com/2007/12/16/science-superstition-a-matter-of-belief/&usg=__4YQFVtQvp-5I4x8P7OTt13hdmrs=&h=320&w=300&sz=9&hl=en&start=11&zoom=1&tbnid=2hxQgfbjPvVDiM:&tbnh=118&tbnw=111&prev=/images?q=superstition&um=1&hl=en&tbs=isch:1&um=1&itbs=1
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    ( ):VAI Uncertainty AvoidanceL ooks at the level of tolerance for uncertainty and ambi

    HOFSTEDES CULTURALHOFSTEDES CULTURALDIMENSIONSDIMENSIONS

    Power Distance Individu-alism

    Uncertainty AvoidanceMasculinity

    ( ):Power Distance IndexPDI score relates to the degree of equality or inequality between people in a c

    )vidualism :dualism score focuses on the degree to which a culture values and reinforces th

    ( )MAS Masculinity :Masculinity focuses on the degree to which a culture reinforces the t

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    HOFSTEDES CULTURALHOFSTEDES CULTURALDIMENSIONSDIMENSIONS

    Source: http://www.clearlycultural.com/geert-hofstede-cultural-dimensions/individualism/

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    Source: http://www.clearlycultural.com/geert-hofstede-cultural-dimensions/individualism/

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    BUSINESS ETIQUETTE INMALAYSIA.1 Making Appointments

    . &2 Meeting Greeting

    .3 Business Dress

    .4 Business Cards

    .5 Business Gifts

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    vAppoints are necessary and should be madeat least 2 weeks in advance.

    vDo not try to schedule meetings during July

    or August as this is a common vacation period.

    vAppointments may be made in writing or bytelephone and, depending upon the level of theperson we are meeting, are often handled bythe secretary.

    vAvoid exaggerated claims, as the Malays donot appreciated hyperbole.

    MAKING APPOINTMENTSMAKING APPOINTMENTS

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    .mber of the opposite sex

    .the person they are meeting) .eer and honorific titles are used in business Malays and Indians use titles wi

    MEETING & GREETINGMEETING & GREETING

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    BUSINESS DRESSBUSINESS DRESS

    .1 .Both men and women are expected to dress properly.2 - .Dress conservative and invest in well tailored clothing

    .3A suit and tie for men

    .4 - .A knee length skirt and long sleeves for women

    .5 .Pants are not acceptable female attire and adults are not to wear shorts

    .6 .Do not wear yellow and avoid white

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    BUSINESS CARDSBUSINESS CARDS

    .ged after the initial introductions, ,inese have one side of your card translated into Chinese with the Chinese char

    , .vernment officials have one side of your card translated into Bahasa Malaysia.t hand only to exchange business cards

    .you receive before putting it in your business card caseone's business card is indicative of the respect you will show the individual i

    .card in their presence

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    S SS CO C O S

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    BUSINESS COMMUNICATIONSBUSINESS COMMUNICATIONS

    - ( . . , , , )rely on non verbal communication i e facial expressions tone of voice body language etc

    , .in conversation are customary especially before answering questions

    me to consider words and wait about 10 seconds after someone has finished talking beforean important element of Malaysian communication

    .may laugh at what may appear to outsiders as inappropriate moments This device is used to" " " "ill very rarely say No but will say Yes after a very long pause instead

    GENERAL MANAGEMENT

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    GENERAL MANAGEMENTPRACTICE

    ement Practices in Russia

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    Management Practice in MalaysiaManagement Practice in Malaysia

    PlanningPlanning

    OrganizingOrganizing

    StaffingStaffing

    LeadingLeading

    ControllingControlling

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    Management Practice in MalaysiaManagement Practice in Malaysia

    Familiarizing Non-dairy

    Milk BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    ControllingLeadingStuffingOrganizingPlanning

    Planning organization Mid-term planning orientation. (One to five yearsplan)

    Decision Making Seniority based decision-making.

    Level of Involvement? Involvement of few people at higher level.

    Where are decisions initiated? Decisions flow from the top to down

    How quickly are decisions made Slow decision-making : fact implementation of thedecision

    How quick is the decision implementation Implementation is relatively slow because of theinvolvement of many people.

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    www.pacificbridge.com

    Management Practice in MalaysiaManagement Practice in Malaysia

    Familiarizing Non-dairy

    Milk BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    ControllingLeadingStuffingOrganizing

    Planning

    Who is responsible for activities? Collective responsibility and accountability

    How clear are the responsibilities Clear and specific decision responsibility

    Structure of organization Bureaucratic organizational structure withhierarchical order.

    Nature of Organizational Culture There is a divergent organization culture withethnic group.

    Identification with what? Identification is with the profession and showsgreatest loyalty with company.

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    www.ccsnet.orga

    Management Practice in MalaysiaManagement Practice in Malaysia

    Familiarizing Non-dairy

    Milk BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    ControllingLeading

    StuffingOrganizingPlanning

    Leading style Previously autocratic gradually transforminginto participative leadership.

    Management style Directive democratic style.

    How is confrontation done? Communication primarily top-down.

    Nature of communication Up-bottom communication

    Effect of (participation in decision making) Employees view is taken under consideration.

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    www.eurojournals.com

    Management Practice in MalaysiaManagement Practice in Malaysia

    Familiarizing Non-dairy

    Milk BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    BuildingBrand

    Proposition

    ControllingLeadingStuffingOrganizingPlanning

    Who Controls? Control by top management.

    What is the focus of controlling? Overall performance of the employees &productivity.

    Is blame fixing done? Blame fixing is avoided; rather face saving isdone.

    Use of Quality Circles Increasing use of quality control circles - Sixsigma, DOE, Taguchi methods etc. are used.

    Use of SPC Widely used controlling technique.

    Use of 3Rs Increasing use of Reduce, Reuse and Recycle

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    www. asiarooms.com

    Management Practice Tools

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    www. kweentenssial.com

    Management Practice Tools

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    NEGOTIATION TACTICS INMALAYSIA.1 Communication

    .2 Negotiation

    .3 Bargaining

    .4 DecisionMaking

    .5 Agreement

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    COMMUNICATION:COMMUNICATION:

    2/3 feet apartSpace orientation

    IndirectCommunication

    HandshakeSmile and Nod in case of women.Physical contact

    Pointing with index finger is offensivePointing

    May last up to 10 secondsSignals neither agreement nor rejection.Silence

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    NEGOTIATION:NEGOTIATION:

    LargeGroup Composition

    5-18Number Involved

    Short periodEstablishing Rapport

    Local intermediaryNeed for intermediary

    Hierarchical orderEntrance meeting room

    No dealing, only getting acquaintedFirst meeting

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    NEGOTIATION:NEGOTIATION:

    Spend considerable time in informationGathering information

    SlowPace of negotiation

    Holistic approach, pursue multiple goals at a time and jump back and fNegotiation approach

    Leverage relationships. Arguments or logical reasoning is nLeverage

    Long term relation, win win solutionNegotiation style

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    DECISION MAKING:DECISION MAKING:

    Consensus-oriented group processDecision-making process

    StakeholdersDecision maker

    SeniorityBase of value of decision maker

    Moderate risk taker.Risk taking propensity

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    AGREEMENT:AGREEMENT:

    Flexible, Stay connected after contract.Nature of contract

    Bringing attorney in negotiation shows mistrust.Presence of Attorney

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    COMPARATIVE ANALYSISCOMPARATIVE ANALYSIS

    Topic Malaysia Bangladesh

    Economy Capitalism Mixed

    Decision making Slow Slow

    Implementation Slow Slow

    Responsibility foractivities

    Group Individual

    Organizational structureFormal Formal

    Controlling authority Immediate Superior Immediate Superior

    Source: http://www.worldbusinessculture.com

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    COMPARATIVE ANALYSISCOMPARATIVE ANALYSIS

    Topic Malaysia BangladeshManagement style Bureaucratic Bureaucratic

    Job security Very High Low

    Loyalty to company High Low

    Negotiation strategy Win-win game Zero sum game

    Expression ofaggressive behavior

    No Yes

    Source: http://www.worldbusinessculture.com

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