...Talent Olympic Potential Opportunity for the UAE An Example More Money, More Problems pg 14 pg 20 pg 28 pg 34 5. Managing Talent 6. Making Decisions 7. Final Remarks Investing in People Better by a Margin Starting the Process pg 48 pg 64 pg 72 3 Aleron Partners FZ-LLC 2012 © 4 Aleron Partners FZ-LLC 2012 © Foreword by Matthew Lewis Much has been written about the Macro and Socioeconomic impact on the UAE and its economy since the global financial crisis – the oil price, the Arab Spring and on-going Middle East instability are all valid factors in this regard. What we have not seen until now is the resultant effect and impact on the often overlooked but most important assets of any business – its people and their productivity. Our research seeks to fill that omission. The period from 2008 to 2012 has seen a cataclysmic shift in the fundamental areas of demand, quality and flexibility of the talent pool in the UAE. High costs of expatriation and the regional pressure of localisation have put more focus on the productivity of people working within shrinking organisations. Many UAE employees, not having previously worked in a constant change environment and under unfamiliar circumstances, are struggling to perform with fewer resources, less direction, less personal development and / or rewards. Foreword By Matthew Lewis, Director – Boyden Global Executive Search, Middle East and North Africa “The UAE has succeeded in...
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...differences between the two countries, and the different approaches to business and life. One major factor was the ethnocentrism, or the viewing of a foreign culture through the lens of your own culture, displayed by American leaders offset by French national insecurities. But, the problems spanned beyond arrogant leadership. Disney assumed people would travel from all over the Europe to visit the park, but really did not cater to the diversity of the guests. Even though the countries are united as the European Union, they are distinct and sovereign culturally. Put simply, EuroDisney was marketed poorly. Disney built, promoted, and communicated EuroDisney as a piece of America in Europe. Cultural differences were neglected. In the case, we see that Fresh culture also has its own cartoon characters such as Asterix, who has a theme park not far from EuroDisney. Furthermore, Disney banned alcohol in a culture that has a deep appreciation for wine. Disney failed to understand French national character, their insecurities over cultural invasion, and their deep commitment to maintaining their identity. Hong Kong Disney faces cultural problems as well, but in a different way. Many Chinese people were not familiar with Disney characters prior to the entrance of Hong Kong Disney. It was hard for Disney to create this familiarity and recognition without that long term relationship. Advertisements were run to create recognition but they were unfit and offensive to the Chinese market. Ads...
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...March 2, 2014 Mr. Steven Salvatore, CEO Hans Engineering Inc. 1500 NW Pine Street Albany, NY 10012 Dear Mr. Salvatore: In this document you will find the report that you requested in February. I have provided key information and made recommendations on a plan of action to expand Hans Engineering Inc. to the United Arab Emirates (UAE). My analysis highlights several areas that can directly impact your decision for the future expansion of Hans Engineering Inc. on a global scale. I provided information on the country, economy, business, culture, and possible locations to give credence on the viability of expanding to the UAE. The UAE is a trend setter in constructing unique buildings and robust infrastructure and is a solid prospective in which to make the headquarters for Hans Engineering International. This report will demonstrate that doing business in the UAE can be extremely rewarding for the company as it expands to an international market. I used several resources in establishing my analysis. The Central Intelligence Agency’s World Factbook, the U.S. Department of State, Embassy of the United Arab Emirates, UAE Interact, and Every Culture were all very helpful in answering my research questions. Thank you for choosing me to conduct research into the United Arab Emirates....
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...Global Business Cultural Analysis: United Arab Emirates Busi 604 International Business December 13, 2013 Abstract Over the past forty years, the United Arab Emirates has been developing their then newly formed country. They have taken advantage of the wealth that was created originally from their supply of oil and gas and have transformed themselves into a modernized society that has diversified their assets into various business ventures. The explosive growth of this organization has attracted people from all over the world and expatriates now make up ninety percent of the overall population. While there have been many companies that found themselves to be attracted to the business opportunities there, there are several questions that need to be answered to understand their culture and to ultimately determine the attractiveness of doing business in the United Arab Emirates: 1. What are the major elements and dimensions of culture in the United Arab Emirates? 2. How are these elements and dimensions integrated by locals conducting business in the United Arab Emirates? 3. How do both of the above items compare with US culture and business? 4. What are the implications for US businesses that wish to conduct business in the United Arab Emirates? This global business cultural analysis on the United Arab Emirates will focus on these four questions and we will take an in depth look...
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... Business Communication Course Number: BSG – 306 Number of Credits: 3 – 3 – 0 Pre-requisites: BSG – 201 and ENL – 102 Name of the Professor: Dr. Naseer Khan, naseerkhan@agu.ac.ae Class Timing: 13.30 to 14.45 hours on Monday and Wednesday 19.30 to 20.45 hours on Sunday and Tuesday Sections: 51 Morning and 1 Evening Hand in date: Progress Report – 24.10.2012 Final Project – 31.10.2012 and Presentation – 28.11.2012 Hand out date: 23rd September, 2012 Hand in time of presentation: Hard copy Project Number: ONE Allocation of Marks: 15 (Progress Report 5marks, Final Project 5marks and Presentation 5 marks) Note: Copying from any source will be awarded zero Name of the student: Id. #: Name of the Project: “Business Communication Issues in an Organization” Introduction: The aim of this Project is to introduce you to the subject of Business Communication and how it is practiced in the real business / organization. Business Communication is the back bone of any organization to survive and grow in a global market environment. It creates result that...
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...Unit 1 The Business Environment The Business Environment Aryaneil Frances G. Fernandez 801-1321-012 Lg Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, and a member of the LG Group, employing 83,000 people working in 119 local subsidiaries worldwide. With 2013 global sales of USD 53.1 billion (KRW 58.14 trillion), the company operates its business through five divisions: Home Entertainment, Mobile Communication, Home Appliance, Air Conditioning and Energy Solution, and Vehicle Components, CEO of LG Electronics is Bon-joon Koo, who assumed the role of Vice Chairman of LG Electronics on 1 October 2010. In 2011, LG Electronics was the world’s second largest television manufacturer. Abu Dhabi Islamic Bank was established on 20 May 1997 as a Public Joint Stock Company through the Amiri Decree No.9 of 1997. The Bank commenced commercial operations on 11 November 1998, and was formally inaugurated by Abdullah Bin Zayed Al Nahyan, UAE Minister of Information and Culture on 18 April 1999. All contracts, operations and transactions are carried out in accordance with Islamic Shari’a principles. ADIB commenced its operations with a paid-up capital of One Billion Dirhams divided into hundred million shares, the value of each share being ten dirhams. The shares are quoted on the Abu Dhabi Securities Market. The founders of Abu Dhabi Islamic Banks hold 29% of its equity while the remaining 71% is held by approximately...
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...Ain is an attractive destination for many visitors, and has a range of unique and diverse attractions. While the comments here are concentrated on the wildlife park future, it should always be remembered that wildlife park sits in the wider context of tourism and leisure activities and the intangible, emotional attributes of Al Ain such as the unique combination of atmosphere, culture and Al Ain history. Government support: Abu Dhabi economic vision 2030 outline the economic diversification plans of Abu Dhabi Government to be away from overdependence on hydrocarbon industries. The company is being given 2.6 billion US dollars to be transformed into Al Ain wild life park and Resort. Continuous political stability in UAE attracting businesses to invest in UAE. This project is a chance for everyone to invest. Partnership agreements with international and regional organizations are another advantage for AWPR. The agreements further reinforce Al Ain Wildlife Park & Resort's commitment to partnering with conservation organizations both regionally and internationally. The agreement includes an animal and plant exchange program. As part of a major expansion, Al Ain Wildlife Park & Resort is developing a world desert habitat featuring the animals and plants. AWPR has a lot of partnerships and agreements such as: * Exclusive agreement with San Diego Zoo was a huge benefit to the Al Ain wildlife park & resort which is the one of the world's largest and most progressive...
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...Pre-Feasibility Study IT Solution Company ABC SOLUTIONS innovatively yours!! Presented by: YOUSEF OMER Pre-Feasibility Study IT Solution Company DISCLAIMER The purpose and scope of this information memorandum is to introduce the subject matter and provide a general idea and information on the said area. All the material included in this document is based on data/information gathered from various sources and is based on certain assumptions. Although, due care and diligence has been taken to compile this document, the contained information may vary due to any change in any of the concerned factors, and the actual results may differ substantially from the presented information. We do not assume any liability for any financial or other loss resulting from this memorandum in consequence of undertaking this activity. Therefore, the content of this memorandum should not be relied upon for making any decision, investment or otherwise. The prospective user of this memorandum is encouraged to carry out his/her own due diligence and gather any information he/she considers necessary for making an informed decision. The content of the information memorandum does not bind us in any legal or other form DOCUMENT CONTROL Document No. Revision Prepared by Issued Date Revision Date Proposed Date PREF-53 2 YOUSEF OMER September 15, 2012 January 28, 2013 November 27, 2013 2 PREF-53/ January, 2013/Rev 2 ABC Company Pre-Feasibility Study IT Solution Company SERVICES OF...
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...THE UAE LIFESTYLE 1. INTRODUCTION The full meaning of U.A.E. is United Arab Emirates. The U.A.E’s form of government consists of a federation of seven emirates along the eastern coast of the Arabian Peninsula, with one advisory body. Its head of state is Sheikh Khaleefah ibn Zayid Al Nahyan, and it’s head of government is known as his excellency, Sheikh Muhammad ibn Rashid al-Makhtoum. The capital of UAE is Abu-Dhabi, which is the largest of these emirates and it covers more than three-fourths of the federations’ total land area. Abu-Dhabi is the centre of the UAE’s oil industry. UAE’s official languageand religion is Arabic and Islam. Dubai, which is also part of the seven emirates is the centre of commerce and finance, and it houses hundreds and hundreds of multinational corporations in a pool of skyscrapers. The other emirates of the UAE which are smaller than Abu-Dhabi and Dubai, are Sharjah, Ajman, Umm al-Quwayn, Ras al-khaimah and Al-Fujairah. The population of the UAE is almost 90% filled with expatriates from Asia; constituting the largest of these groups, Africa, and Europe and other Arabians. 2.1. RESEARCH OBJECTIVE It didn’t take long to find out why expatriates did not want to leave this amazing country, called the United Arab Emirates. The reason for this research is to: * Explore on the country’s lifestyle, its way of living, why people from other countries find it very comfortable here, despite its high standard of living. The main reason...
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...Assignment number | 1 | Assignment name | Summary Document | Tutor | Anca Bocanet | Student’s Declaration: * Except where indicated, the work I am submitting in this assignment is my own work and has not been submitted for assessment in another unit. * This submission complies with Murdoch University's academic integrity commitments. I am aware that information about plagiarism and associated penalties can be found at http://www.murdoch.edu.au/teach/plagiarism/. If I have any doubts or queries about this, I am further aware that I can contact my Unit Coordinator prior to submitting the assignment. * I acknowledge that the assessor of this assignment may, for the purpose of assessing this assignment: * reproduce this assignment and provide a copy to another academic staff member; and/or * Submit a copy of this assignment to a plagiarism-checking service. This web-based service may retain a copy of this work for the sole purpose of subsequent plagiarism checking, but has a legal agreement with the University that it will not share or reproduce it in any form. * I have retained a copy of this assignment. * I will retain a copy of the notification of receipt of this assignment. If you have not received a receipt within three days, please check with your Unit Coordinator. | I am aware that I am making this declaration by submitting this document electronically and by using my Murdoch ID and password it is deemed equivalent...
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...Question: In your Individual Video Presentation and Supporting Document, you are required to analyze a Bahraini/Gulf audience focusing on some of Hofstede’s and Trompenaars’ Cultural Dimensions. You are also required to briefly analyze the UAE website of papa john’s, providing suggestions on how they can further localize their content for a Gulf audience. 1. Video Presentation and Supporting Document Each student will be required to create a 3-6 minute video presentation (mp4 or other suitable format). Each student MUST produce a video presentation. Failure to provide a video presentation will result in 0% for the ENTIRE individual element of this assessment. The video presentation must be accompanied by a supporting document, using the template provided (maximum word count 1,500 words excluding reference list, appendix etc.) In your video presentation/supporting document, you need to look at a Gulf/Bahraini audience in terms of the following cultural dimensions. Focus on everyday examples about how people socialize, do business, communicate, eat out etc. (a) Uncertainty Avoidance (Hofstede) (b) Collectivism/Individualism (Trompenaars and Hofstede) (c) Universalism/Particularism (Trompenaars) (d) Neutral/Affective (Trompenaars) (e) Look at the Papa John’s UAE website (http://www.papajohns.ae/pj/) and provide 3 relevant examples of how it needs to localize its web content for a Bahraini/Gulf audience. Link your suggestions briefly to your previous analysis...
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...dubaiThe current issue and full text archive of this journal is available at www.emeraldinsight.com/1753-8335.htm JPMD 1,1 Dubai – a star in the east A case study in strategic destination branding Melodena Stephens Balakrishnan University of Wollongong in Dubai, Dubai, United Arab Emirates Abstract Purpose – Worldwide approximately 200 national economies are competing in the destination market. In 2006, global government and capital expenditure exceeded US$1,480 billion making destination branding an important concept that still remains fragmented and unplanned. Dubai, an emirate of the UAE in the Middle East has been chosen as a case study to explain some elements of successful destination branding. This paper aims to apply a framework developed by Balakrishnan to explain areas of caution when competing in an international market where success is also partially dependent on the macro-environment. Design/methodology/approach – The framework was developed by reviewing literature on destination, place, corporate, product portfolio and service branding. The framework was tested using case study methodology. Secondary research was primarily used to develop the case. Findings – There is a strong fit with the model suggesting that destinations can use this as a basis for continuity in strategy even as governments change. Based on the analysis and review; a checklist for destination branding strategy was recommended. Research limitations/implications – Since, this study depends...
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...BSBHRM507A MANAGE SEPARATION OR TERMINATION TRAINING AND ASSESSMENT ACTIVITIES AND QUESTIONS The Trainee will be required to demonstrate competence on the job, in practical demonstration; observation, question/answer and role-play situations, incorporating verbal questions and written work, including completing workplace forms, either to the RTO Trainer or Supervisor, under the guidance of the RTO Trainer. Element of competency: 1. Develop policies and procedures for separation/termination of employment 2. Manage separation/termination processes 3. Manage exit interview process 1. What does ‘policy’ mean? Set of policies are principles, rules, and guidelines formulated or adopted by an organization to reach its long-term goals and typically published in a booklet or other form that is widely accessible. Policies and procedures are designed to influence and determine all major decisions and actions, and all activities take place within the boundaries set by them. Procedures are the specific methods employed to express policies in action in day-to-day operations of the organization. Together, policies and procedures ensure that a point of view held by the governing body of an organization is translated into steps that result in an outcome compatible with that view. HR policies are continuing guidelines on how people should be managed in the organization. They define the philosophies and values of the organization on how people should be treated, and from these...
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...objective 3 3. IBM Business Environment 4 Political: 4 Economic: 5 Social: 7 Technology: 8 4. Cultural factors and company strategy 10 Importance and information as part of IBM's marketing strategy: 11 The global environment with IBM's market planning: 13 5. Conclusion 13 6. References 14 1. Introduction Company: IBM IBM is a global leader in services of Technology Company which is active in 180 countries. IBM began his career in the early 20th century, the name Computing Tabulating-Recording Company. Now, IBM is providing services to the aerospace, defense, automotive, banking, construction, electronics, retail and telecommunications. IBM's contribution to the development of computer technology is higher than other companies. This report clearly describes changes in five IBM Business Environment. This report briefly reviews the various steps that led to changes in the world. These include the environment in earlier versions of IBM, which partly explains IBM, the type of activities, products and policies. Second, changes in the business environment for micro and macro environment, the effect of environmental factors. Third resolution SWOT analysis mortar disputes and analysis of five forces model Porter, contributing to the achievement of the company and, finally, a detailed analysis of economic developments and the recommendations, some better suggestions to help you perform better. The international company IBM Business Machines (IBM) develops...
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...Name: |Dr. Mark Esposito | | |Due Date: |14th Feb 2010 |Subject Code and Name: |MBA690- Strategic Management | | |DECLARATION OF ORIGINALITY OF WORK: | |I affirm that the attached work is entirely my own except where the words or ideas of other writers are specifically acknowledged through the use of inverted | |commas and in-text references. This assignment has not been submitted for any other subject at U21Global or any other institution. I have revised, edited, and| |proofread this paper. | | | (To input your electronic signature, double-click on this box and...
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