Friday, December 4, 2015

Time Orientation


Time Orientation is the term Hofstede uses in regards to the different types of decision making and their effects on the future of the individual or company. Different cultures and countries have different orientations compared to time and the future. There are those who are short-term oriented and others who are long-term oriented. 
   Short-term orientation is focused on living in the present. Members of cultures that are focused on how decisions are in the short-term, prefer immediate rewards rather than other types of delayed gratification. They also tend make decisions that are best in the moment but ignore any negative affects later down the road. Examples of these countries are Pakistan, the Philippians, the United Kingdom, and the United States. 
   On the other hand, countries, such as Japan and China, have long-term orientation. This means that they have a greater concern for the future than the immediate “quick fix.” They look to see how possible decision may effect future generations. They are okay with being patient and making sacrifices in the short-term, if it would lead to a better outcome in the future, even if that means for the generation that comes after them.

No comments:

Post a Comment