HI5013 - Managing Across Borders: Globalisation Report Analysis

This report examines the concept of globalization and its transformative impact on businesses, particularly within the context of international operations. It delves into how companies utilize globalization to expand their operations across borders, highlighting the role of global managers in navigating political, cultural, and operational challenges. The report analyzes the influence of globalization on business activities, emphasizing the increased interconnectedness of economies and the rapid exchange of information and technology. Key aspects such as international managers' decision-making strategies, cultural complexities, and the significance of teamwork and leadership are discussed. Furthermore, the report explores outsourcing and offshoring strategies, their benefits, and the associated challenges, including workforce issues and legal considerations. It also provides insights into the opportunities presented by globalization, such as cost minimization and access to specialized expertise, while addressing potential issues like organizational culture conflicts. The report concludes by emphasizing the critical role of globalization in contemporary business and the responsibilities of global managers in fostering positive impacts in emerging markets.

GLOBALISATION
Managing across borders

INTRODUCTION
 To bring change in the business, companies use
the process of globalization in recent times.
 The company is linked with another country to
perform their operations at multiple locations.
 Globalization is to do business directly at a
global base linked to interests and competitive
advantage attainment in the marketplace.
 The global manager is responsible for
understanding the company’s needs across the
world with political, cultural, and operational
challenges in international markets and
available opportunities.

IMPACT OF GLOBALIZATION ON BUSIN
ESS
 The development of business activities in the
market requires globalization, for economic
growth increment and growth in countries
inter-dependency.
 In business, globalization in the company is
affected by the changes to speed up
technology, information transferring and
competition increment(Adekola & Sergi, 2016).
 Woolworths is a international player in the
Australian market and keep on expanding their
stores even while facing increase in
competition and challenges.

CONT. …
 The tendency of increase with international
of business activities systematically is
company internationalization.
 Whereas globalization is to maintain and
increase economic relation between
countries in the market at a global
base(Bretos & Marcuello, 2017).
 Woolworths tries for process improvement,
innovate and connection creation for
maintaining the competitive advantage in
the sight of customers.

KEY POINTS CONSIDERED BY
INTERNATIONAL MANAGERS
 In the companies, international mangers
advance a strategy at the time of decision-
making process.
 Due to distance between the countries because
of culture is complex and essential.
 The changes due to globalization helps in to be
close to the customers for being ahead in the
game, work like a team, mind-set and leadership
activities and preparation for future
change(Harvey, et al., 2009).
 In the Australian market, Woolworths contributes
in technology advancement and globalization or
products availability increment and choice.

OUTSOURCING AND OFFSHORING
 In the business, outsourcing helps in
globalization with increase in productivity
and profits; decrease in costs with the
movement of product and services growth.
 Across the globe, offshoring provides job
transfer and employment.
 Therefore, to get work expansion in various
countries to relocate and outsource in
individual country, in business around the
world activities are done.

CHALLENGES
 The influence on poor timings and workforce
were the major challenges(LeMay, 2013).
 Woolworths faced challenges which were of
complex infrastructure of networking with
multiple gateways need to be maintained
and managed with the skill requirements
correctly.

CONT. …
 The experience of
outsourcing is done
with the legit business
arrangement mainly in
competitive markets for
minor skilled work by
FWO to take legal
action on four cleaners
in the Woolworths
supermarket of
Tasmania to not to
break workplace laws
as main
issues/concerns.

OPPORTUNITIES
 The companies at global level share risks and
cost minimization with the use of globalization
to decrease the load of high costs.
 The decision taken can be right and wrong by
the companies while providing outsourcing
showing its core competencies.
 The access of high-level technologies and
specialization of experts is given by
outsourcing in business.
 Outsourcing increases the flexibility in the
companies to determine the demand’s
unpredictability for business to stay for long.

ISSUES
 The expectations in work is the issue of
outsourcing to not to move smoothly with the
improvements in functional arrangements for
doing it in a right way.
 The organizational culture is influenced after
outsourcing is the problem which generates
conflicts in the company Woolworths and
service providers culture.
 In the company, the issue is employees being
confident about the right decision and
misusing power of their thinking ability and
making decisions in business that can be
affected by the functions.

CONCLUSION
 In today’s time, globalization in business puts
the major impact on the companies.
 The responsibility of global managers in the
company is to consider the activities for
positive impact on new emerging market and
working environment.
 The important tools used in the expansion of
business and to provide job opportunities
globally.

REFERENCES
 Adekola, A. & Sergi, B. S., 2016. Global Business Management A
Cross-Cultural Perspective. 1st ed. London: Routledge.
 Bowen, H. P., Baker, H. K. & Powell, G. E., 2015. Globalization and
diversification strategy: A managerial perspective. Scandinavian
Journal of Management, 31(1), pp. 25-39.
 Bretos, I. & Marcuello, C., 2017. Revisiting globalization
challenges and opportunities in the development of cooperatives.
Annals of Public and Cooperative Economics, 88(1), pp. 47-73.
 Harvey, M. G., Fisher, R., Mcphail, R. & Moeller, M., 2009.
Globalization and its impact on global managers' decision
processes. Human Resource Development International, 12(4),
pp. 353-370.
 LeMay, R., 2013. WiPro outsourcing takes chunk out of
Woolworths. [Online]
Available at: https://delimiter.com.au/2013/01/15/wipro-
outsourcing-takes-chunk-out-of-woolworths/
[Accessed 18 September 2019].