Factors Affecting Organizational Performance and Growth in International Markets

This article discusses the factors affecting organizational performance and growth in international markets. It includes an annotated bibliography of 5 articles that cover topics such as corporate governance, entrepreneurial orientation, risk management, sustainable business practices, and technological innovations.

Running head: BUSINESS MANAGEMENT
BUSINESS MANAGEMENT
Name of the student
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Introduction
The growth of the organizations is chiefly based on the performance of the same while
operating in the international markets. Organizational performance is often characterized by the
structure, governance, environmental forces, risks that are faced by the businesses and the
functions that are undertaken by the diverse firms. The criteria of growth of the organizations are
based on the identification of the needs of the customers and the manner in which organizations
modify the systems and operations as per the diverse market needs. the business environment
and the forces that affects the productivity of the organization while operating in the diverse
market systems helps in ensuring he proper functioning of the processes.
The discussion is based on identifying the different factors that affects the organizational
performance and growth of the same relating to its productivity and the other risk factors while
operating in different market environments. The discussion will focus on studying relevant
literature that is available in order to identify the different forces relating to the growth and
expansion of the business enterprises in the ever- changing market structures.
Annotated bibliography of 5 articles
Bell, R. G., Filatotchev, I., & Aguilera, R. V. (2014). Corporate governance and investors'
perceptions of foreign IPO value: An institutional perspective. Academy of Management
Journal, 57(1), 301-320. DOI: 10.5465/amj.2011.0146
The research by Bell, Filatotchev and Aguilera (2014) aims at identifying the different
key aspects of the corporate governance and thereby establish a proper relationship between
responsible leadership and corporate social responsibility that drives the interests of the

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organizations while operating in the international markets. The different factors through which
the corporate governance can be made more effective is being stated as a part of the report. On
the other hand, the key aspects of change in the systems of the business is based on the
leadership decision making that affects the productivity of the same while operating on the
objectives of growth of the business. The journal clearly imparts the manner in which the
organizational performance is enhanced through the structural changes. On the other hand,
suitable leadership behaviors help in enhancing the productivity. The identification of the
sociological factors and their associations with diversified governance mechanisms will be
helping the businesses in maintaining the competitive advantage. Bell, Filatotchev and Aguilera
(2014) stated in the research that the qualitative functioning of the leaders and the efficacy of the
mechanism and approaches helps in maintaining the performance of the business. On the other
hand, the identification of the issues that are faced by the organizations while operating in the
international markets will be helping the same in maintaining the performance. The discussion
focuses on the creation of a holistic governance framework for the organizations, which will be
helping the same in maintaining the suitable functioning of the systems of the business. The
different driving forces of corporate governance are being discussed as a part of the report, which
helps in maintaining the efficacy of the functions.
Rosenbusch, N., Rauch, A., & Bausch, A. (2013). The mediating role of entrepreneurial
orientation in the task environment–performance relationship: A meta-analysis. Journal of
Management, 39(3), 633-659. DOI: 10.1177/0149206311425612
In the research “The mediating role of entrepreneurial orientation in the task
environment–performance relationship: A meta-analysis.” Rosenbusch, Rauch and Bausch
(2013) stated that the proper functioning of the systems of the business is actualized through the

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identification of the internal and the external business environments. The different changes that
are undertaken by the businesses are based on the identification of the internal and external
environmental factors. Entrepreneurial orientation (EO) to the different changes in the
environments has helped in maintaining the efficacy of the systems that are undertaken by the
businesses. The researchers have undertaken a meta- analysis of the different factors through
which the firm performance is enhanced. The structural equation of the organization and its
flexibility to operate in the diverse environmental systems linked with the dynamism and
complexity of the change will be helping to bring in efficiency in the performance of the
organizations. The mediation model that is referred by the authors will be helping to identify
inter- relationship factors between the different elements that are subjugated to control the
organizational performance in the diverse market statutory. Kleinbaum (2012) supported the
research stating that the identification of the different environmental conditions helps in
maintaining the efficiency of the performance. The legal and political factors results to the
revision of the different policies that are formed by the management of the organization referring
to the EO statics. On the other hand, the proper functioning of the systems of the businesses
depends on the orientation of the entrepreneurs to the changing business environment, which will
be helping the same in optimizing the levels of productivity and profitability of the businesses.
Van Der Vegt, G. S., Essens, P., Wahlström, M., & George, G. (2015). Managing risk and
resilience. Academy of management journal, 58(4), 971-980. DOI: 10.5465/amj.2015.4004
Van Der Vegt et al. (2015) stated in the research “Managing risk and resilience” that
there are different risks that are faced by the organizations while operating in the international
markets. Assessment of the level of risks helps in undertaking the proper implementation of the
activities as per the project objectives. On the other hand, the project governance model and the

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risk that are faced by the organizations while actualizing the different planned steps. The key
elements of the change in the systems of businesses are based on the identification of the varied
aspects of the organizational performance. The allocation of costs and the other resources that
are available in the systems of the business helps in maintaining the diverse modifications. On
the other hand, the identification of the risk factors are based on the environment to which the
environment is exhibited. Auh and Merlo (2012) stated that the risks that are undertaken by the
businesses helps in maintaining the different changes in the processes in order to avoid the
different circumstances. Governance and the inter- trust factors helps in administering the risks
and thereby control the same through effective risk reduction strategies. Theodosiou, Kehagias
and Katsikea (2012) stated that the identification of the risks that might be faced by the
organization while undertaking a definite projects will be helping to enhance the proper
functioning of the systems of the business while operating as per the objectives. The different
changes that are undertaken by the businesses are based on the feasibility study that is
undertaken by the businesses.
Ortiz‐de‐Mandojana, N., & Bansal, P. (2016). The long‐term benefits of organizational
resilience through sustainable business practices. Strategic Management Journal, 37(8),
1615-1631. DOI: 10.1002/smj.2410
The strategic management systems of the organizations help in maintaining the different
changes as per the objectives of sustainable growth. In this context, Ortiz‐de‐Mandojana and
Bansal (2016) stated that the long term objectives of the businesses plays a key role in
maintaining the sustainable business. The identification of the demands of the customers and the
maintenance of the social and the environmental practices (SEPs) in the organizations helps in
retaining the profitability of the business firms and thereby support the sustainability of the same

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while operating in an international market. The key element of modification is based on the
optimization of the processes and continuous innovation that is planned by the businesses, which
helps in maintaining the efficacy and brand value of organizations. On the other hand, the role
that is played by the leader in formulating the policies and objectives of the organization helps in
maintaining the different modifications in the processes of the business. In most of the cases, it
was found that the managerial practices relate to the short- term financial benefits of the
organization, which affects the sustainability factors of the business. However, there are changes
in the operations of the business depending on the long term aspirations of the business firm
which helps in maintaining the congruency of sustaining in the competitive business
environment. Ortiz‐de‐Mandojana and Bansal (2016) noted that the processes that are
developed by the organizations are related to value proposition and the cumulative value
incurrence as per the demands that are faced by the same. The sustenance of the organizations
depends on the profitability of the organizations and the manner in which continuous innovation
helps in maintaining the efficacy of the firms in the competitive market structures.
Langley, A. N. N., Smallman, C., Tsoukas, H., & Van de Ven, A. H. (2013). Process studies
of change in organization and management: Unveiling temporality, activity, and
flow. Academy of management journal, 56(1), 1-13. DOI: 10.5465/amj.2013.4001
Langley et al. (2013) compiled a report, which portrays the different technologies that are
utilized by the businesses for gaining a competitive advantage in the highly competitive market
scenario. Implementation of the relevant technologies has helped the organizations in
maintaining the balance between the lines of production and demand of the customers.
Optimization and implementation of various techniques has helped the firms in identifying the
needs. It has helped the organizations in calculating the feasibility of the product offerings made

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by the same while operating in the competitive markets. The research helps in inducing the
totality of the idea that helps in maintaining the micro-vertical integration and implementation of
different technologies for the sustainable growth of the organizations. Alternatively, the report
also enumerated the needs of maintaining supplier relationships, information and communication
technologies (ICTs) and performance measurement that will be helping to bring forth
improvements in the firms. The researchers have taken steps to create a framework for
integrating the different technologies that are utilized by the organization for enhancing the
performance of the same while operating in the international markets. The enumeration of the
different skills that are required to be incorporated in the employees is also being enumerated as
a part of the report. However, the research is limited to the different technological innovations
that might be adopted by the businesses in order to gain a competitive advantage while operating
in an competitive scenario.
Conclusion
Therefore, from the above analysis it might be stated that the different organizational
improvements is dependent on the structural and the functional elements through which the
organization can sustain in the competitive markets. The key changes in the processes of the
business are dependent on the profitability and feasibility of the same while operating in the
international markets. On the other hand, the technological changes and their incorporation in the
operations of the business has helped in maintaining the sustainability of the business firms. The
leadership approach and the governance of the business organizations help in retaining the
productivity of the same. The different practices that are undertaken by the organizations is
developed on the basis of the study of the needs of the organization while operating in the
international markets.

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References
Auh, S., & Merlo, O. (2012). The power of marketing within the firm: Its contribution to
business performance and the effect of power asymmetry. Industrial Marketing
Management, 41(5), 861-873. DOI: 10.1016/j.indmarman.2011.09.021
Bell, R. G., Filatotchev, I., & Aguilera, R. V. (2014). Corporate governance and investors'
perceptions of foreign IPO value: An institutional perspective. Academy of Management
Journal, 57(1), 301-320. DOI: 10.5465/amj.2011.0146
Kleinbaum, A. M. (2012). Organizational misfits and the origins of brokerage in intrafirm
networks. Administrative Science Quarterly, 57(3), 407-452. DOI:
10.1177/0001839212461141
Langley, A. N. N., Smallman, C., Tsoukas, H., & Van de Ven, A. H. (2013). Process studies of
change in organization and management: Unveiling temporality, activity, and
flow. Academy of management journal, 56(1), 1-13. DOI: 10.5465/amj.2013.4001
Ortiz‐de‐Mandojana, N., & Bansal, P. (2016). The long‐term benefits of organizational resilience
through sustainable business practices. Strategic Management Journal, 37(8), 1615-1631.
DOI: 10.1002/smj.2410
Rosenbusch, N., Rauch, A., & Bausch, A. (2013). The mediating role of entrepreneurial
orientation in the task environment–performance relationship: A meta-analysis. Journal
of Management, 39(3), 633-659. DOI: 10.1177/0149206311425612
Theodosiou, M., Kehagias, J., & Katsikea, E. (2012). Strategic orientations, marketing
capabilities and firm performance: An empirical investigation in the context of frontline

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managers in service organizations. Industrial Marketing Management, 41(7), 1058-1070.
DOI: 10.1016/j.indmarman.2012.01.001
Van Der Vegt, G. S., Essens, P., Wahlström, M., & George, G. (2015). Managing risk and
resilience. Academy of management journal, 58(4), 971-980. DOI:
10.5465/amj.2015.4004