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Challenges and Strategies for Global Strategic Management: A Case Study of MD Solutions

   

Added on  2023-06-18

9 Pages2138 Words209 Views
Global Strategic
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Challenges faced by leading and managing staff working remotely from the office at time of
COVID-19 .............................................................................................................................1
Developing a sustainable human resource framework ..........................................................3
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Global strategic management activities allow companies to take advantage on
competitive opportunities across the world. Acknowledgement of complexities of national
organisations, various shareholders and unsteady requests assist managers to arrange resources
efficiently to prolong and enhance their company at international level (Sanny, Tuori and Simek
2018). In this report, challenges faced by MD solutions to manage their staff remotely at the time
of COVID-19 has been discussed. MD solutions is an Indian based software outsourcing
company that provide service of software development and testing. The report discuss what
policies company should implement for their star performers without impacting cost structure
and team morale. Furthermore, the following report also discuss what human resources
framework company should implement in order to benefit itself for long period of time in terms
of performance excellence and talent retention.
MAIN BODY
Challenges faced by leading and managing staff working remotely from the office at time of
COVID-19
COVID-19 has not only impacted personal lives of people but also their professional
work lives. Due to this pandemic restrictions, people working in offices have to handle their
work from home. As per the case study given, it has been observed that earlier MD solutions was
not prepared for virtual work settings but due to COVID-19 the company has to provide ‘Work
from Home’ facility to all their engineers and employees. Challenges faced by MD solutions are
mentioned below:
Communication:
Effective communication is a key for successful business but managing people working
at different places having flexible schedule and time zones divergence created clear
communication issues (Reisinger, 2020). Employees working from home faced various issues
while communicating with their subordinates such as internet issues, time issues, apps not
working properly, non-availability of smart devices and many more.
Managing projects:
1

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