Singapore is ranked third out of 137 countries across the world. It is the cosmopolitan melting of various cultures that comprises the unique mix of western and Asian cultural influences. Singapore government has adopted a non-interventionist approach which provides in developing cultural tendencies to predominate. The companies are located in Singapore that exhibits predominant western-style work culture where most of the private companies and local governments influence traditional Asian culture in the workplace environment. Work culture in Singapore is innovative where diversity of population contributes towards business success.
There is 74.3% of the population in Singapore who are Chinese due to which local firms are influenced by traditional Chinese values. In the hierarchy of culture the lower level employees accept the subordinate status and follow the formal hierarchical status. In MNCs of Singapore, there is less power distance among each level. There is a high level of managers who are willing to sharing authority among subordinates in decision making. The work environment of Singapore maintains a hierarchical relationship by treating employees and top-level managers with the utmost respect.
In Singapore, there is a traditional western work culture who considers innovation, personal achievement, individual heroes, and autonomy. There is a high value of individual achievement where the employees with high abilities are supported towards the attainment of business objectives. The role of teamwork is significant to provide a competitive advantage to businesses with innovative ideas and strategies. The collectivist culture is considered by the business where an employee is rewarding for contributing to excellent performance for enhancing business position.
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February 25, 2020- -
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