Management and Organisations in a Global Environment Research Paper
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This research paper discusses the implementation of Taylorism in Ford Company and its application in FedEx. It also presents Pankaj Ghemawat's ideas on globalisation and its impact on the economy.
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Higher Education Faculty Assignment Cover Sheet Subject TitleManagement and Organisations in a Global Environment Subject CodeHI6005 LecturerNhi Mhi Assignment TitleResearch Paper 1 Due DateFriday Week 5 Contact DetailsStudent IDABNN3215 Student NameLeilani Dajalos Student e-mail addressABNN3215@my.holmes.edu.au I acknowledge that: 1. This assignment is my work. I acknowledged and disclosed fully any assistance received in its preparation and cited any sources from which I used data, ideas, words, either quoted directly or paraphrased. 2. This assignment was prepared by us specifically and only for this subject. 3. This assignment is identical with the work submitted via Self-Check on Blackboard.
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Table of Contents Executive Summary...............................................................................................................................3 E-learning Activities...............................................................................................................................3 Week 1 – Activity 1 – Ford and Taylorism..........................................................................................3 Week 2 – Activity 2 – Pankaj Ghemawat on Globalisation................................................................4 Conclusion.............................................................................................................................................5 References.............................................................................................................................................5
Executive Summary The research is centred on two topics Ford and Taylorisma and Pankaj Ghemawat on globalisation. In the first section of the first topic depicts How Henry Ford adopted and implemented Taylorism in the Ford Company to increase the productivity. In second section, the researcher has presented FedEx as an example, the company has implemented Taylorism for the enhancement of the productivity. In the first section of the Second topic the researcher demonstrated the Pankaj Ghemawat ideas on globalisation and how he opposed the idea of Friedman. In the second section the researcher presented the example of US firm’s development during globalisation. E-learning Activities Week 1 – Activity 1 – Ford and Taylorism Section 1: Key ideas The Ford Motor Company was formed in the year 1908 by Henry Ford and Alexander Malcomson. The purpose of the company is to manufacture the car. Ford’s idea was to manufacture cars with simple and cheapest way. Thus, Ford brought new methods in production. Ford was impressed by the expert efficiency of Fredrick Taylor. Taylor was focused in minimizing unnecessary physical movement by the workers (Lackner, 2017). Management theory of Taylor shows organisational and employees’ productivity will be increased if they are assigned in the jobs which fit them best. Principle of time management shows each time is important hence, each time spent by the employees will be counted at the end of the day through the productivity and performance. Ford observed the scientific management theory and implemented it in the Ford Company in the year 1908 (Vidal, 2015). At the first stage of the implementation, it was evaluated that individual parts are need for making the smallest car to largest. After that to reach its milestone Ford uses the revolutionary idea where labourers pull the cars by the rope from one workstation to another. For savingtimeandtoincreaseproductionFordautomatedtechniqueinassemblylineand manufactured a car within on and half hour. To attract its employees Ford provided attractive pay package and used high pay for hard work policy to encourage the employees. Section two:Application of ideas to experience, organization, and subject topic Organisational productivity depends upon the productivity and performance of the employees. Breaking a long process in small pieces helps to generate success for the organisation (Waring, 2016). Principle of saving time has been adopted by several organisations. This principle not only generates benefits to the organisation but also it enables the organisation to reach its goal (Mortenson et al. 2015). For example. FedEx is much concerned about their employees and they care their employee who take care their organisation. Thus, it is necessary organisation should take care their employees who can feel secured. In modern days, the employees of America, Australia and Europe will not accept the Taylorism with its original ideas. It is because time has been changing along with technology and automation and thus there is no necessity of applying the theory totally. Today, organisations are more concerned about saving time and money.
There is partial not complete application of the Taylorism in the Call centres. This is because call centres are divided into different sectors which are specialising in niche. Hence, there can be work divisions based upon the expertise area of the employees and their job role can be assigned accordingly. Surely there are some industries in the globe which need judicious application the ideas which are discussed above. It is true the theory of Principles founded by Taylor in a Century ago, but the theory has effect of long lasting even future also. Rewarding employees and division of work helps the organisation to reach its goal but it needs proper application and utilisation. Week 2 – Activity 2 – Pankaj Ghemawat on Globalisation Section 1: Key ideas Globalisation denotes the market integration within in the global economy. It also leads to increase national economies also. Globalisation has helped to bring the world together in one platform through its interconnectedness in social, political, cultural lifestyles. Pankaj Ghemawat is rare individual who combined with world class scholarship through deep business practice knowledge. Global strategy helps to balance the global and local economy, and which can define success in nationalglobaleconomy(Ghemawat,2017).AccordingtoPankajGhemawat,cross-border differences matters in the world of economy and today’s world not much globalised. Globalization is the catchall term which is used to explain contemporary social and economic developments. In the opinion of professor and economist Pankaj Ghemawat defines data which are have derived from across countries are not much interconnected. In his book, Ghemawat, argued and challenged to the audience. It is held at the recent TED Global Conference in Edinburgh, Scotland, to measure the number of foreign Facebook friends they had. Section 2: Application of ideas to experience, organization, and subject topic On Friedman’s World is Flat: Ghemawat argued that world in not truly global and not truly local. It is the duty of the companies to find the ways for managing similarities and differences within regions. Ghemawat also explained in what way the firm can grow through the aggregation, adaption, and arbitrage (Ghemawat and Vantrappen, 2015). In modern days few globalisations have been affected several countries. For example, US firms in the year 2010 generated 69% revenue from the outside of the country. Foreign Direct Invest has helped the country to develop and grow its revenue. In my opinion, Ghemawat is partially true about the view on globalisation. In his opinion, Ghemawat has not strongly opposed the opinion of Friedman. Thus, it is true that world is flat partially. Ghemawat, always tries to establish that globalisation is not an active force, nor it is interconnected with each other, but globalisation is a process which dominates the global market. It is true that globalisation has created fear in the mind of the people to some extent, but it is not only for the data points but also for the growing challenge and competition. It has been observed that now days the business challenge is growing day by day due to the globalisation. Conclusion From the discussion it has been identified Ford company surely has been developed with the idea of Taylorism but it is necessary for the present developing world to implement this theory according to the need of the organisation. However, it has been also identified that growing product price is
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affecting on the purchasing decision of the consumers. Thus, fear of globalisation is surely has created some impact upon the customers mind. References Ghemawat, P. and Vantrappen, H., (2015). How global is your C-suite?. MIT Sloan Management Review, 56(4), p.73. Ghemawat, P., (2017). 11 Why managers still need to take account of comparative advantage. Cloth for Wine?, p.87. Lackner, H., (2017). Travel Accounts from the United States and their Influence on Taylorism, Fordism and Productivity in Austria. In The Americanization/Westernization of Austria (pp. 38-60). Routledge. Mortenson, M.J., Doherty, N.F. and Robinson, S., (2015). Operational research from Taylorism to Terabytes: A research agenda for the analytics age. European Journal of Operational Research, 241(3), pp.583-595. Vidal, M., (2015). Fordism and the Golden Age of Atlantic Capitalism (pp. 283-305). London: Sage. Waring, S.P., (2016). Taylorism transformed: Scientific management theory since 1945. UNC Press Books.