logo

Contemporary challenges in management Assignment

   

Added on  2021-04-19

5 Pages996 Words181 Views
Languages and Culture
 | 
 | 
 | 
Running head: CONTEMPORARY MANAGEMENT: ISSUES AND CHALLENGESContemporary Management: Issues and ChallengesName of the StudentName of the UniversityAuthor’s note
Contemporary challenges in management Assignment_1

1CONTEMPORARY MANAGEMENT: ISSUES AND CHALLENGESIssues and challenges Bupa face with globalizationIn the global front the company lacks an overall hiring strategy, due to globalization therequirement of similar position will also change depending on the place of operation. themanagement should ensure that the requirement of the position that is vacant is properlydescribed, usually the organisation take people as they need people and in pursuit of fulfilling thevacant place the organisation usually take people without checking much or emphasizing on thebackground and knowledge of the people. This gives rise to performance issues and also issuewith job satisfaction and attrition rate of the organisation. For example if a person is an expert inaccounts and is asked to do sales or communication work then they will be disheartened with thework they have to do on a daily basis (Swailes 2013). Lack of knowledgein terms of the rules and regulations in the countries of operation it isone of the first strategies that any company initiates before expanding, but there can be a gap inknowledge which can further create barriers in the operations of the business. For example: laborlaws, local laws, rules of employment etc. (Swailes 2013). Parity in the remuneration in the global market, the remuneration policies of thecompany is based on the area or country of operation. It is the nature of the employees to expectbetter form the company so that they can meet the demands of the dependents as well as stand upto their own expectations. This is creates pressure on the management as this is one of thereasons for the fall of job satisfaction among the staff members (Powell et al. 2013).
Contemporary challenges in management Assignment_2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business Communication 5 Business Communication Introduction
|5
|1344
|298

Solved Business Communication : Assignment
|6
|812
|56

Business communication (BIZ101)
|6
|436
|27

Business Communication: Barrier, Strategies, and Cultural Influence
|8
|517
|27

Globalization and Regionalization in Business
|7
|2049
|232

Project On Challenges in Global Team - HI6008
|11
|3347
|51