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Assessing the Impacts of Business Complexity on Global Management

   

Added on  2023-06-06

18 Pages4254 Words207 Views
Data Science and Big DataNutrition and WellnessPolitical Science
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Running Head: Research report 1
Assessing the impacts of Business complexity on global management
Name of Student
Name of Institution
Name of Course
Date of Submission
Assessing the Impacts of Business Complexity on Global Management_1

Research Report 2
Table of Contents
1.0 Introduction.................................................................................3
1.1 Justification of Study.......................................................................3
1.2 Research aims..............................................................................4
1.3 Research questions.........................................................................5
2.0 Literature Review........................................................................6
3.0 Methodology...............................................................................10
4.0 Discussion..................................................................................13
5.0 Conclusion.................................................................................15
6.0 Recommendations........................................................................15
7.0 References...................................................................................16
Assessing the Impacts of Business Complexity on Global Management_2

Research Report 3
1.0 Introduction
The growing complexity in the field of business management continues to pose a major
challenge to organizations especially those that operate in global business environments. Due to
the dynamic nature of the corporate environment, the factors that influence management at a
global level equally tend to change with each passing day. In order to achieve successful
management at a global level, there is the inevitable need to have a proper understanding of the
various complexities that exist within a business set up (Acocella, 2010). This report shall
therefore entail the details of an analysis of some of the impacts of business complexity on
management at an international or global level.
1.1 Justification of Study
The main research issue is an examination of the concept of business complexity. The
other portion of this report shall outline the possible effects of these complexities on
management both at a local and at an international level. Complexity in this context ought not to
be treated from a literal point of view as it would then imply that operations within an
organization get complicated and at times fail to proceed leading to failure. Business complexity
in the context of the problem statement in this project has therefore been viewed as the tendency
of a business to have various stakeholders, structures as well as information systems which are
interconnected with one another. This therefore implies that each of the elements within an
organization has an independent role towards the achievement of organizational goals and
objective (Alvesson & Ka ̈rreman, 2011). However, it would be worth to note that each of these
organs are interconnected to form one complex system which in real sense governs the effective
flow of processes within the organization. Despite the fact that business complexity serves as the
Assessing the Impacts of Business Complexity on Global Management_3

Research Report 4
backbone of an organization’s development, lack of proper management strategies may lead to
challenges which may eventually have drastic effects on an organization especially in the global
environment. The rising variations related to business complexity calls for strategic measures
and counter strategies. While business complexity may be viewed to come with various
challenges to a business organization, the various types of complexities can be harnessed to
improve the general organizational performance. This is achievable through the establishment of
efficient procedures. The need for an in-depth understanding of the concept of business
complexity justifies the research topic (Al-Lamki, 2012). At the same time, obtaining a crucial
strategic balance in business management in the presence of complexities would be crucial for
upcoming managers. This therefore explains the value of this research topic. The findings from
this process and the recommendations would be vital for managers and other stakeholders. This
is because the findings and ideas discussed offer an effective insight on the strategies that can be
applied to deal with the management challenges associated with business complexity in the
global environment.
1.2 Research aims
The main aims of this research process were:
To establish an in depth understanding of the concept of business complexities and the
probable causes of such scenarios within an organization
To establish the correlation between organizational performance and a complex business
environment.
To outline how stakeholders, organizational structure and information system influence
the nature of complexity within an organization.
Assessing the Impacts of Business Complexity on Global Management_4

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