The Cross-Culture Management of Chinese Enterprises in Poland Under the Belt and Road Initiative—Based on PEST Model

Guiyu Dai and Yi Cai

International Business Research, 2017, vol. 10, issue 9, 96-105

Abstract: “The Belt and Road Initiative” not only provides great opportunities but also poses enormous challenges to Chinese enterprises for further development. Along the Belt and the Road, there are different countries with unique culture characteristics, which will be the difficult challenges Chinese enterprises have to face in the overseas investment. The present study will combine PEST (Political, Economic, Social and Technological) model with Hofstede’s culture dimensions as the theoretical basis for analyzing the potential opportunities and challenges Chinese enterprises tend to confront in Poland. Based on a detailed analysis of the opportunities and challenges, this writing proposes three tentative cross-culture management strategies,(1) Investigating the local markets and identifying the culture differences; (2) Cultivating intercultural communication competence of the cross-culture employees; (3) Acculturating to the local society and making innovation based on culture fusion, which would be referential for Chinese enterprises to seek investment opportunities in the countries along the Belt and the Road.

Keywords: the belt and road initiative; cross-culture management; PEST analysis; Poland (search for similar items in EconPapers)
Date: 2017
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