Intercultural Global Management Issues Assignment

Added on - 21 Apr 2020

  • 11

    pages

  • 2346

    words

  • 1

    views

  • 0

    downloads

Showing pages 1 to 4 of 11 pages
Running head: INTERCULTURAL GLOBAL MANAGEMENT ISSUESIntercultural global management issuesName of the student:Name of the university:Author note:
1INTERCULTURAL GLOBAL MANAGEMENT ISSUESTable of ContentsIntroduction:....................................................................................................................................2Global managers and their challenges:............................................................................................2Global management competencies:.................................................................................................5Global management strategies:........................................................................................................6Ethical implications:........................................................................................................................7References:......................................................................................................................................9
2INTERCULTURAL GLOBAL MANAGEMENT ISSUESIntroduction:In the face of globalization and consumerism, the impact of internationalization is greaton the business process management of the bigger fishes in the market. In most cases expansionis the most important strategy in order to expand the target market continues to sustain in themarket for the future. However in the present scenario, the concept of globalization has turnedironical with the massive lack of any intercultural business strategies in place for the most of thebusiness companies. It has to be understood when a particular company needs to overcome thechallenges of cross border expansion, a business organization desperately needs a intercultural orglobal management strategy (Terpstra, Foley & Sarathy, 2012). Although, the conception ofglobal or intercultural management has been observed to be quite flawed in the multinationalcompanies. This assignment will reflect upon the article “What is a global manager” publishedin the Harvard Business Review, and attempt to explore global management problems faced bytwo companies and how the challenges can be overcome with strategic actions.Global managers and their challenges:Drawing inference from the article chosen for the assignment, the concept of globalmanagement, as discussed by the author in the article, is not limited to just universal businessmanagement ideas; rather, global management required in the present age utilizes principles ofthree different sectors of business management, business process management, host countrymanagement and functional management (Nahavandi, 2016). According to Bartlett and Ghoshal,multinational companies that attempt to overcome cross-cultural challenges while tryinginternational expansion need to employ the specialist knowledge of all the above mentioned sub-disciplines of business process management. Elaborating more, it has to be mentioned, that many
3INTERCULTURAL GLOBAL MANAGEMENT ISSUESof the authors have agreed to the argument raised by Barlett and Ghoshal, the perception ofglobal management is in dire need of complete transformation. There is need for recognizingglobal management as an extension of transnational management that takes into considerationthe regional and intercultural differences between the host country and location of expansion.According to theMendenhall, (2012), cultural ethics play a pivotal role in the business processmanagement in cross-cultural settings, and transnational business management has beendiscovered to be one of the most advantageous techniques to maintain the key challenges thatarise when establishing brand image or brand reputation in a target market that have not beenexplored by the business company yet.A similar business management problem or concern has arisen in the case studyrepresented in the media article chosen for the assignment; the article features Corning Glass, thecompany that hired the ex-ambassador as the global management leader for its internationaldivision. However, there had been many challenges that have been discovered in the businessmanagement procedure as time progressed. The benefits of the recruitment had been in the factthat the ex-ambassador had many connections and allies in the government which can favor thebest interests of the company and its expansion plan. However the company soon realized thatthe decision had not been in par with most of the expansion management needs and requirementsof the company and many of the key areas of concern had not been addressed which eventuallyaffected the outcome of the expansion. A very similar example of failed global managementdecision had been taken by the ITT as discussed in the article, where the management hierarchyopted for a massive educational program to globalize their entire overseas operation managementteam so that the multinational telecom company can replace its national specialists with theglobal generalists. The primary strategy behind taking this step had been to include all the
desklib-logo
You’re reading a preview
card-image

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document