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Management Across Borders | Globalization Assignment

   

Added on  2020-04-01

15 Pages3724 Words51 Views
Name 1
Management across borders
Student’s name
University

Name 2
Executive summary
Management across borders is a new business strategy that global organizations have to
learn to live with. Globalizations has led to cross border business operations that allow
organizations to expand their business opportunities. This is through developing strategies that
can be used to operate and survive in a global environment. This report presents management
across borders by analyzing challenges, opportunities and strategies for cross border
management.

Name 3
Table of Contents
Executive summary.........................................................................................................................2
Introduction......................................................................................................................................3
The global context of management..................................................................................................4
Cross-cultural diversity and management.......................................................................................5
Characteristics of cross-border managers........................................................................................6
Challenges of managing across boarders.........................................................................................7
Opportunities for cross-border operations.......................................................................................8
Strategies for cross-border operations.............................................................................................9
Conclusion.....................................................................................................................................12
References......................................................................................................................................13

Name 4
Management across borders
Introduction
Globalization has led organizations to operate across-borders by establishing business in
different countries across the globe. This demand for international operating has led to changes
in business environment due to the need for globalization (Mintzberg, 2000, P. 12). As many
organizations scramble for global space in there are benefits and challenges that are associated
with such business strategies thus the need for organizations to develop strategies that can ensure
their success in such business initiatives. Stacey (2007, P. 21) argues that managing across
boarders comes with challenges that every organization has to work on to survive in the global
environment. This puts managers of such organizations in difficult position to deal with the
challenges of globalization. Only organizations that have put proper strategies in place can
survive this business environment. This report analyses the concept of management across-
borders by looking at the opportunities, challenges and strategies for managing across-borders.
The global context of management
Globalization arises with different opportunities that led to interconnectedness of the
globe thus allowing people to easily interact with each other. This led to cross-border activities
due to lessened distances between nations due to advances in technology, transportation and
communication. This led to the development of world governing bodies to try and control
business across the globe and regions (Acedo & Casillas, 2005, P. 622). Unlike the scramble and
partitioning that took place during colonialization, bodies such as the EU, WTO, ECOWAS and
NATO have come up as a way of defending regional business to protect the interests of business
opportunities that fall within the regions that they come from. In the past, globalization and trade
was a matter of developed countries but emerging economies like the BRICS have changed the

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