...INTRODUCTION In pursuit of advanced discoveries, mastery in academy and continued education, many scholars have resorted to online education, sometimes referred to as eLearning or digital education. This is nothing but a superlative mode of the long existing distance education, undertaken using technological apparatus such as computers, telephones, etc… Like any other systems of education already in existence, the eLearning has its pros and cons. In the following article, the author intends to highlight the benefits and the challenges of eLearning and later explain how this educational system affects leadership on a global level. BENFITS OF GLOBAL ELEARNING Cost effectiveness – Students do not need to travel to and from class. This cuts on costs There is no need to pay the traditional administrative fees No need to pay accommodation fees or food allowance Flexibility – Students plan when to study, there is no need to travel in a rush to the classroom Choice/Option – whereas students from the traditional classroom may not be allowed to take options, online programs are tailored to suit the students‘ objectives. As in the case of University of Liverpool, a student undertaking a Master’s in Business Management has 8 compulsory modules and 4 elective modules selected to suit his future prospects Asynchronous Collaborative Interaction – Collaboration with each one of the class members and the instructor is done one at his/her own free time...
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...Strategic Research About the Lenovo Technology Company Kehao Wang (Leo) 1011906 Northwood University MGT- 4800- 02 Doctor Susan Dennett Oct .11.2014 Abstract Lenovo is a Chines multinational computer. It leads Chinese electronic industry market because it has successful competitive strategy and excellent management. As a one of global the Fortune Top 500 enterprises, and became the world’s largest personal computer manufacturer in 2013. (1) The Lenovo is worth research. Introduction Lenovo Group Ltd. (stylized as Lenovo) is a Chinese multinational computer technology company with headquarters in Beijing, China, and Morrisville, North Carolina, United States. It designs, develops, manufactures and sells personal computers, tablet computers, smartphones, workstations, servers, electronic storage devices, IT management software and smart televisions. In 2013 Lenovo was the world's largest personal computer vendor by unit sales. It markets the ThinkPad line of notebook computers and the Think Centre line of desktops. Lenovo has operations in more than 60 countries and sells its products in around 160 countries. Lenovo's principal facilities are in Beijing, Morrisville and Singapore, with research centers in those locations, as well as Shanghai, Shenzhen, Xiamen, and Chengdu in China, and Yamato in Kanagawa Prefecture, Japan. It operates a joint venture with EMC, Lenovo EMC, which sells network-attached storage solutions. It also has a joint venture with NEC, Lenovo...
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...Stephanie Ferguson LDR 531 March 21, 2011 John D. Thompson Affecting Change Leadership has been defined as the ability to influence a group towards the achievement of goals. Leaders are sometimes faced with challenges of encouraging employees to adapt to organizational structure and cultural changes. In large organizations the effectiveness of managers depends on influence over supervisors and peers as well as influence over subordinates.” (Yukl, 2006) As the Chief of Operations for Smith & Falmouth Online in the (Leadership in Action simulation) my role is to consolidate operations. I am faced with the challenge of leading a group of unwilling employees to achieve the goals of the organization which is to streamline the online operations, increase the reach of the Online Sales Channel, and make S&F Online a profitable strategic business unit. The deadline for achieving this task is nine months from now. The following will address the current culture within the organization, establish methods that will be utilized in order to maintain control within the organization and recommend a restructuring strategy that will improve the culture and empower employees, which management practices will be most effective, and explain how the new size and structure can affect the organization, individuals, groups, teams, and the organization’s future. Current and Departmental Culture Organizational culture is defined as a pattern of basic assumptions that are considered...
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...Airline Lufthansa Companies Strategic Change and Strategic Challenge for Lufthansa Introduction The biggest airline in Germany- Lufthansa is one of the leading airline companies in the world, but it suffered from the danger of bankruptcy in 1991. However, the flexible strategic change programs made it survive. Thus, the implementation and effects of those programs are obviously attractive and deserve further study. Moreover, current business environment is full of opportunities and challenges, which poses Lufthansa to identify relative challenges and adopt some reaction to respond. Therefore, this report will discuss two parts: one is strategic change programs and the other is current strategic challenges for Lufthansa. In the first part, it will evaluate the strategic change programs which Lufthansa applied and also cover the effects of leadership and politics. The second part of this report will analyse the strategic challenges for Lufthansa based on current and future business environment. I. Strategic changes for Lufthansa Strategy is argued to be a useful tool for an organization to achieve its target in the long term, and its contribution to development of the organization is evident. However, it is impossible to use one strategy to respond the changeable demand due to the dynamic external environment, so the organization should change their strategies to adapt the market. 1. Strategic change program According to Balogun and Hailey (1999)...
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...Abstract In an era of globalization, more and more companies tend to choose global virtual team with members of different cultural backgrounds because leaders gradually promote their company to the world. Global projects with using virtual teams are primarily linked through computer and telecommunications technologies across national boundaries. Globalization of the construction industry has brought unique challenges such as coordination among project participants from different countries, and individual’s preferences in decision make and communication. As economic borders between countries come down, cultural barriers will most likely go up and pose new challenges and opportunities for business. Solving the cultural issues has been found to be of crucial importance for the success of virtual teams. This research attempts to characterize cultural differences along the dimension of cultural values and cultural practices Keywords: Virtual global project; Cultural diversity; Project management. Introduction Traditionally, a team-based project requires all team members physically present in a specific location for a period of time. But virtual global project requires a virtual team that members can engage in and deliver projects with limited or no direct physical interaction with other members. It allows multinational enterprises to draw on the widest talent pool available among their global employee base. Team members typically don't need to meet face-to-face, they can...
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...the business environment analysis to identify key factor for Alibaba. From ratio analysis, it is found that financial performance of Alibaba is decreased in last two years due to decline in profitability and management efficiency. It is also identified from PESTEL analysis that political, social and legal environment of China is supportive for Alibaba, but there are some emerging challenges in economic environment. From SWOT, it is also found that are various opportunities and threats for Alibaba in the existing business environment. In the end, it is observed that global expansion can be effective for Alibaba to deal with future challenges effectively. Table of Contents 1.0 Introduction 4 2.0 Company Background 4 3.0 Business Performance 4 4.0 Macro and Micro Environment Analysis 5 4.1 PESTLE Analysis 6 4.2 Porter’s Five Forces Analysis 7 4.3 SWOT Analysis 8 5.0 Recommendations 9 5.1 Conclusion 10 5.2 References 11 1.0 Introduction This report is prepared to analyze external business environment for an organization and make appropriate recommendations to deal with future challenges. For this purpose, Alibaba is selected for this report. 2.0 Company Background Alibaba is a China based e-commerce company that was founded in year 1999 by Jack Ma when he launched a website called Aliobaba.com. At present, it mainly operated three e-commerce sites that are: Taobao (online shopping destination), Tmall (a third-party online platform for brands and retailers) and...
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...Building leader the new Leadership challenges of the future revealed According to Hay Group’s Leadership 2030 research the leaders of the future will need a host of new skills and competencies if they are to succeed >> Contents Introduction 2 1 The global balance of power is shifting 5 2 Climate change and scarcity of resources is a mounting problem 6 3 The war for talent rages on 7 4 Accommodating growing individualization 8 5 Embracing the digital natives 9 6 Harnessing technology to innovate 10 Conclusion 12 2 Building the new leader | Leadership 2030 Introduction Leaders of the future will need to be adept conceptual and strategic thinkers, have deep integrity and intellectual openness, find new ways to create loyalty, lead increasingly diverse and independent teams over which they may not always have direct authority, and relinquish their own power in favor of collaborative approaches inside and outside the organization. Megatrends are long-term processes of transformation on a global scale with a broad scope and dramatic impact To successfully develop this combination of skills and qualities – and adopt what is, in effect, a ‘post-heroic’ leadership style – they may need to abandon much of the thinking and behavior that propelled them to the top of their organizations in the first place. But if they want their businesses to survive and thrive over the next two decades they have...
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...McDonald's is a global company that faces many challenges that the management team must overcome to achieve continued success. Internal and external factors affect how management plan, control, organize, lead their teams to deliver their brand of excellence. Globalization, technology, innovation, diversity, and ethics are management areas that are affected by both internal and external factors. Commitment and leadership is very important when getting involved with the global market in addition it should also come from the owners and stockholders including the managers. The international training should accessible during the hiring process or the employee should already have this knowledge of the company. By having the employees with international knowledge of the company this will give McDonald's the opportunity to be in high demand in other countries. Many positive outcomes result from going global which include the willingness to go into a partnership with businesses in other countries, the strength the company will gain, and the flexibility the company will have. The negative outcome to going global would be the limited knowledge that an employee may have about the business, and the adjustment one would have to make to assimilate in another country and their culture. This would be a major change for a business to adjust to a different culture and the way they operate. And by doing business with another country they would have to change how they do operate within the company...
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...to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Academy of Management is collaborating with JSTOR to digitize, preserve and extend access to The Academy of Management Executive (1993-2005). http://www.jstor.org This content downloaded from 203.101.161.82 on Sun, 10 May 2015 07:37:52 UTC All use subject to JSTOR Terms and Conditions I Academy of Management Reprinted from 1999, Vol. 13, No. 1 Executive, 2005, Vol. 19, No. 4 maintaining Achieving and the in competitiveness strategic of role The 2jst century: leadership strategic R. Duane Ireland and Michael A. Hitt Executive Overview Competition in the 21st century's global economy will be complex, challenging, and filled with competitive opportunities and threats. Effective strategic leadership practices can help firms...
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...GLOBAL MANAGEMENT CHALLENGE Briefing 2012-13 Edition Introduction to the competition You are about to start a unique experience. You are now part of a management team for a company that operates in the global market. Your team is going to manage a company in a competitive market and you will develop key skills in the following areas: • • • • Strategic Management Decision Making Teamwork Leadership Briefing Global Management Challenge (to go to next or previous slide use your keyboard arrows) 2 What you have to know to participate START: Organization, Calendar, Manual 4 COMPETE: Team, Historical, Reports and Decisions 11 COMPANY: An overview 18 Procedures 40 Briefing Global Management Challenge (to go to next or previous slide use your keyboard arrows) 3 Start… Your team’s objective is to manage a company, analyze its historical reports and design a strategy for the near future (the next 1 year and 3 months). The company is quoted in the stock exchange and the measure of success achieved by the management team is: • The stock value at the end of each period, and of course at the end of the competition. When the team starts, a historical report is made available. This report contains the results of the last five quarters. Briefing Global Management Challenge (to go to next or previous slide use your keyboard arrows) Return to topic list 4 Start… Management The first step is to organize your Team...
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...teams: opportunities and challenges for e-leaders Snellman Carita Liliana* a Metropolia University of Applied Sciences, Business, Leiritie 1, Vantaa 01600, Finland Abstract In the globalized world with crucial technological changes, leaders are facing unforeseen opportunities as well as challenges while striving to reach their objectives. Such changes have led to organizational restructurings and implied rethinking of leadership functions and practices. Changing organizational structures, from traditional hierarchical towards lower and more flexible ones, have made leaders organize work in new ways. Teams account for one new way of organizing work and reaching organizational goals. Likewise, globalized markets have made leaders search for new solutions to meet the needs of customers. In consequence, organizations strive for competitive advantages through downsizing, subcontracting, joint ventures, strategic alliances, and other collaborative and network-based alternatives which are typically facilitated by virtual teams. Virtual teams are geographically and organizationally dispersed teams that function over time zones. Due to such dispersion, physical contact in virtual teams is reduced or lacking altogether which means that collaboration is enabled by IT-solutions such as computerbased communication. This kind of electronically facilitated team work is known to imply opportunities as well as challenges for today’s global e-leaders. Research on virtual teams...
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...Adecco Group Adecco Group became a multinational corporation via a merger of Adia and Ecco in 1996; the company is one of several Fortune Global 500 companies, and the world's leading staffing agency that offer clients worldwide Human Resource solutions (Adecco Group, 2014). Adecco Group is headquartered in Zurich-Glattbrugg, Switzerland and operates in over 60 countries and regions; providing employment solutions by staffing individuals in organizations as: temporary or permanent employees (Adecco Group, 2013). The company also helps clients and employees with career changes and talent growth and advancement, as well and outsourcing and consulting services to some of the most well-known large corporations (Adecco, Group, 2013). According to the company’s 2013 financial report, their revenue declined 5% to 19,503 EUR and decreased by 2% in constant currency due to a decline in temporary staffing volume (Adecco, 2014, p. 47). The temporary staffing decline also led to gross profits to decrease by 3% of all 13 segments. Operation strategies are actions that the corporate set to remain competitive in the industry and build brand equity; therefore, Adecco Group’s strategy wants to work alongside associates and clients through every phase of the life cycle. In addition, the Adecco Group conduct audits to make sure each segment are operating efficiently to remain on track through all growth segments and markets while practicing s stringent cost management technique, the Economic...
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...Global Strategy and Leadership is the capstone segment for the CPA Program professional level. This segment consolidates your learning in the other three compulsory segments, Ethics and Governance, Financial Reporting and Strategic Management Accounting. In the increasingly complex business environment in which organisations operate, characterised by change, uncertainty and escalating competition, the disciplines of strategy and leadership have become critical to successful organisational performance. The aim of this segment is to link the knowledge of management and financial accounting to the concepts of strategy and leadership. Accountants use a variety of technical information to make decisions for the future of the business within an ethical framework of operation. This segment shows that accounting information, ethics, strategy and leadership are applicable to accountants working throughout the world in diverse organisations. As discussed in Ethics and Governance, accounting as a profession is respected internationally and CPAs are employed worldwide. The segment materials address the needs of candidates operating in different international markets in varying roles. This segment builds upon knowledge gained in the other three compulsory segments of the professional level. The concepts of professional ethics and good governance underpin the segment. Candidates who have previously undertaken the Advanced Audit and Assurance or Strategic Management Accounting segments will...
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...The Problem of Global Governance To say that the issue of global governance presents a challenge would be a significant understatement. Faced with a multitude of issues such as social (and economic) freedom, equality and justice along with environmental sustainability as well as physical barriers, cultural differences, and wealth inequality, the issue of global governance encompasses a vast array of challenges that will not be easily overcome. In light of these considerations, it would be reasonable to conclude that the ideal of just and equitable global governance represents the greatest social, political and economic challenge humanity has ever faced and successfully overcoming this challenge would be the greatest collective triumph that mankind has ever known. But to achieve this, many questions must be answered, one of the most important being the question of accountability: to whom, and for what should the largest political-economic players (states, intergovernmental organizations (IGO), Civil Society Organizations (CSO) and Multinational Corporations (MNC)) be accountable, and how can they be held accountable? Accountability has the ability to enforce compliance and turn exploitation into equality, and without it, democratic global governance cannot succeed. To begin with, because the majority of modern, developed, first world countries operate under democratic rule (though to differing degrees), and the majority of the world’s multi-national institutions...
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...Communication Challenges in Global Virtual Teams Abstract This paper approaches some of the communication challenges in global virtual teams, such as diversity understanding, asynchronous communication, behavior, language barriers, lack of trust, and technological problems. This paper groups the challenges into five main categories and describes the common issues leaders and team members need to address and overcome in order to succeed. The five categories are time zones, cultural differences, language, trust and relationship building, and technology. The purpose of this division is to help a better understanding of different type of issues in global virtual teams. Knowing these challenges allows leaders and team members to increase team’s performance through good planning and training, and avoid problems other global virtual teams had in the past. In addition, cases study showed communication and technology usage norms play an important role in global virtual teams, these norms or rules are more important in global virtual teams than collocated teams. Communication Challenges in Global Virtual Teams Global virtual teams “work across space, time and organizational boundaries” (Montoya, Massey, Hung, & Crisp, 2009, p. 139). A global virtual team is a group of people located in different geographic regions that communicate via telecommunication technology and share a common set of tasks to accomplish when completing a project. Virtual teams working...
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