THE LINKAGES BETWEEN BUSINESS STRATEGIES, CULTURE AND COMPENSATION USING MILES & SNOW’S AND HOFSTEDE CULTURE FRAMEWORK

Pratima Verma, Department of Industrial & Management Engineering, Indian Institute of Technology Kanpur, India
R. R. K. Sharma, Department of Industrial & Management Engineering, Indian Institute of Technology Kanpur, India

Published in

INTERNATIONAL JOURNAL OF BUSINESS STRATEGY
Volume 14, Issue 3, p111-116, October 2014

ABSTRACT

According to Devjani and Sharma (2008) defenders have high power distance and high uncertainty avoidance, whereas prospectors have low power distance or low uncertainty avoidance. Using the arguments forwarded by Paul S. Hempel (1998), we propose that in defenders high level employee were expect high social class benefits and long term benefit; whereas in prospector employee will expect group incentives and take more risk and expect result based incentives.

Keywords

Miles & Snow’s, Hofstede culture dimensions, and compensation


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