Culture is a cluster of tangibles and intangibles passed down from generation to generation. More than 70% of international ventures fail because of cultural differences. Less than 40% of companies’ train employees before they go abroad. More than half of employees have low motivation or interest to interact with another culture. They stick to their comfort zone or familiar similar people.
Given the massive globalization and the technology disruption people from across the globe, remotest of areas, are working together, seamlessly. This has increased the cultural diversity at work like never experienced before.
Building a Cultural Intelligence in the organization is a must to create a collaborative environment. Accepting and thriving on Diversity can fuel a Company’s image and growth. Therefore, investing in building a Culturally intelligent, a Diverse and inclusive Organization has tremendous benefits.