Detailed Report on Competitive Global Management Strategies

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This report delves into global management from the perspective of globalization, emphasizing competitive strategies and their implementation. It examines economic development and distinct business strategies, supported by personal experiences and examples. The report discusses Friedman's perspective on a 'flat world' and its associated challenges, particularly concerning risks in globalization, and Ghemawat's view on the incomplete nature of globalization, highlighting cultural differences and immigration issues. Practical examples from the author's experience in multinational corporations illustrate the challenges of adapting to new cultures and the importance of teamwork and quality management. The report concludes by addressing the complexities of competitive-level strategies and the need for policies that promote innovation and employee motivation.
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RUNNING HEAD: REPORT 1
REPORT
Student Name
Institute Name
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REPORT 2
Executive summary
The report will discuss in detail about the global management from globalization point of
view with strategies which are competitive by nature. It consists of several things like
economic development along with the business strategies that can be highlighted as the
different and distinct. The discussion will also be supported by the examples on the basis of
personal experience.
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REPORT 3
Contents
Executive summary....................................................................................................................2
Contents......................................................................................................................................3
Discussion..................................................................................................................................4
Week 1: Activity 1:................................................................................................................4
Week 2: Activity 2:................................................................................................................5
Conclusion..................................................................................................................................6
Reference....................................................................................................................................7
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REPORT 4
Discussion
Week 1: Activity 1:
1. Friedman has rightly stated that the world in flat shape is always considered as a place
where people will not face any type of barriers as well as one can comfortably
function or can interact with fairly comfortable associations also. Here, there are
important challenges associated with risk related to globalization. The theory of
Friedman focus on handling the overhang features where the globalisation is mainly
characterised under the threats and opportunities which flow from who you are
connected to and they are then symbolised by the single word (Abadi et al., 2016).
The globalisation, according to him, is the technology, interweaving of the markets,
and the information system that enable the people to reach to the different parts at a
faster pace.
Example: I was a part of MNC which was at that time planning to move
manufacturing operations to countries like China or Bangladesh in order to decrease
the overall cost and increase the revenue (Lasserre, 2017). The important thing to note
here is that moving the whole operation to a new country will require hiring a new
team with new ideas and experiences. It is important here to understand the
importance of no boundaries formula since people can have more freedom on a basic
level to work efficiently. The main focus of the company was always on the details
including the process to motivate the employees to work in discipline manner and
dedicatedly.
2. The rules and principle stated by Friedman are right since it throws some light on the
possibilities of things that can be performed by an individual only. The appraisal and
promotion practice in any organization helps in bringing motivation in the employees
and make them work harder to accomplish set goals (Binder, 2016). The organization
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REPORT 5
requires outcome-based action with the attention on dealing the sales of products and
market expansion (Lawal et al., 2014). The company has always followed a people-
based strategy where employees are the priority.
Example: there are many functions these days which are part of the freelance job. As
a software and code developer, I can work on my own since it is easier to understand
the work and handle multiple tasks. This principle is based on showing the respect to
the employees by giving them credits for success. This further helped in providing
due credits to people who meet the standards or the target set by the employees. The
functions as a part of globalization can be different and depend on the elements of
trading, investment and flow of labour and many more.
Week 2: Activity 2:
1. Pr. Ghemawat states that there is still a long way to go for the world to become
completely globalized. There are so many versions and differences based on the ways
of how people can immigrate and work in the international market (Binder, 2016).
Example: the best way for me to grow and move forward is learning different
techniques and this helps me to deal with change comfortably. I also aim to provide
the best service to customers and contribute to improving the brand value of the
company (Ghemawat, 2015). The company mostly depending on the culture actually
enjoys the fundamental along with the market strategy that specific values as well.
The competitive edge helps the company to operate for the diversified market in the
industry for almost fifteen years. There is also a string to build goodwill in the market
and thus, the value structure of the company is based on their loyalty towards the
consumers (Harris, 2015).
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REPORT 6
2. The important thing to understand here is that the basic fear among people towards
working in a completely new culture and adjust with the globalization (Ghemawat &
Vantrappen, 2015). The main focus here is on the people who migrate and the way
they handle the transition while moving to the new culture. There is always a fear of
the identity loss and losing the job as well as the market (Pawlowski and Bick, 2015).
Example: while working in an MNC, when the company send me to the new location
overseas, there was a constant fear to cope with the transition and losing the job and
there was the struggle to adapt the culture efficiently. The company has always been
very aggressive in terms of quality management but need to pay some attention to
evaluating as well as believing about providing the product at the effective price
which is competitive enough (Sato and Parry, 2015). The company focussed on
providing best quality products which are a competitive advantage. The important
thing here to understand is that teamwork is crucial for the right kind of management
of the organization which assisted the company to promote the efficient workers at
different stages.
Conclusion
The competitive level strategy is associated with the standards based on complexed
management with a hierarchy which lack some proper recognition towards policies like an
open door and many other (Pawlowski and Bick, 2015). The standards of marketing are
related to the managerial personnel with attention on the motivating innovation.
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REPORT 7
References
Abadi, M., Agarwal, A., Barham, P., Brevdo, E., Chen, Z., Citro, C., ... & Ghemawat, S.
(2016). Tensorflow: Large-scale machine learning on heterogeneous distributed
systems. arXiv preprint arXiv:1603.04467.
Binder, J., (2016). Global project management: communication, collaboration and
management across borders. Routledge.
Ghemawat, P. (2015). From International Business to Intranational Business. In Emerging
Economies and Multinational Enterprises (pp. 5-28). Emerald Group Publishing Limited.
Ghemawat, P., & Vantrappen, H. (2015). How global is your C-suite?. MIT Sloan
Management Review, 56(4), 73.
Harris, C.G., (2015), February. The effects of pay-to-quit incentives on crowdworker task
quality. In Proceedings of the 18th ACM Conference on Computer Supported
Cooperative Work & Social Computing (pp. 1801-1812). ACM.
Lasserre, P., (2017). Global strategic management. Palgrave.
Lawal, A.K., Rotter, T., Kinsman, L., Sari, N., Harrison, L., Jeffery, C., Kutz, M., Khan, M.F.
and Flynn, R., (2014). Lean management in health care: definition, concepts,
methodology and effects reported (systematic review protocol). Systematic
reviews, 3(1), p.103.
Pawlowski, J.M. and Bick, M., (2015). The global knowledge management framework:
Towards a theory of knowledge management in globally distributed settings. Leading
Issues in Knowledge Management, Volume Two, 2, p.134.
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REPORT 8
Sato. and Parry, M.E., (2015). Formation of the New Japanese Style Management Strategy.
In Japanese Management in Change (pp. 65-84). Springer, Tokyo.
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