Premium Essay

The Existence of an International Management Style

In:

Submitted By ArsPoeticaMarius
Words 650
Pages 3
Def.: International Management deals with the maintenance and development of a multinational operation across national borders, whose manager has the knowledge and the skills to manage and handle cross-cultural processes, stakeholders and environments in a right way.
In my opinion , an international management style is created and developed. International businesses are conducting themselves on common ground in order to compete globally. They don't necessarily do business the same way ,with identical processes, functions, and operations while approaching this elevated stage; but by the time they attain it, successful companies do share certain qualities and practices.
Firstly, this kind of style is created, as we all know multinationals that are conducted after international standards and expectations. John Quelch describes this style as an amalgam, built atop a U.S. model that has borrowed freely from others around the world. He characterizes the U.S. model of management as focused on immediate outcomes and results and generally accustomed to having its way. But it has an added feature that enables it to remain powerful even as it is transformed.
A prime example is America's absorption of Japanese manufacturing techniques in the 1980s." Over time, with this kind of ongoing cross-pollination, today's system of global management, to the extent it can still be called American, will look less like it used to and more like something "multinational."
Secondly, international management style is developing . Harvard Business School alumni report anecdotal evidence that a youthful and growing cosmopolitan business class is bringing these different worlds closer together.
Despite national differences, these transnational road warriors frequently have a common grounding in education, professional background, and global popular and business culture. In the arena of

Similar Documents

Free Essay

7mckinsey 7 S

...International Journal of Advances in Engineering & Technology, Nov. 2013. ©IJAET ISSN: 22311963 THE MCKINSEY 7S MODEL FRAMEWORK FOR E-LEARNING SYSTEM READINESS ASSESSMENT Ali Abdul-Fattah Alshaher Lecture, Department of Management Information System, College of Administration and Economics, University of Mosul, Iraq. ABSTRACT These study it is necessary to can be used as a theoretical foundation upon which to base decision-making and strategic thinking about e-learning system. This paper proposes a new framework for assessing readiness of an organization to implement the e-learning system project on the basis of McKinsey 7S model using fuzzy logic analysis. The study considers 7 dimensions as approach to assessing the current situation of the organization prior to system implementation to identify weakness areas which may encounter the project with failure. Adopted was focus on Questionnaires and group interviews to specific data collection from three colleges in Mosul University in Iraq. This can be achieved success in building an e-learning system at the University of Mosul by readiness assessment according to the model of multidimensional based on the framework of 7S is selected by 23 factors, and thus can avoid failures or weaknesses facing the implementation process before the start of the project and a step towards enabling the administration to make decisions that achieve success in this area, as well as to avoid the high cost associated with the...

Words: 9491 - Pages: 38

Premium Essay

Businesses, Organizations and Educational Sites

...Tobacco Industry in Norway 21st Century Phillip Morris International (PMI) FGH430025 - Org and Man for Performance - 12408 - 201213 A report to identify and critically analyse a key organisational behavioural and/or human resource issue facing Phillip Morris International in Norway Table of Contents 1. Introduction 3 2. Background of the Study 3 2.1 PMI Strategy 4 3. Organisational Behaviour and HRM Issues 5 I. Leadership 6 II. Management 7 III. Motivation 11 4. Process involved in the preparation 14 5. Conclusion 15 6. References 16 1. Introduction This report aims to critically analyse Phillip Morris International (PMI) strategies and structure of how they manage the Norwegian consumer market. In this report the key issues that are required to be analysed are PMI leadership and management style for gaining more emerging markets across Scandinavia and Europe. PMI has had an autocratic leadership approach, which has been a controversial matter regarding changing laws and regulations in Norwegian tobacco industry. This report will focus on PMI’s approach to organisation behaviour and Human Resource Management practises through its leadership, management ,and HRM theories into practice and employee motivation as a result of PMI’s strategy to monopolies the entire market as a 21st century organisation. According to Buchanan& Huczynski (2010), “The organization behaviour is the systematic study of formal organisations and of...

Words: 3639 - Pages: 15

Premium Essay

Do All Teams Need a Leader

...International Teams: Beyond Cultural Differences Multicultural teams are different. In addition to culture the team needs to consider: * the purpose for its existence, - the influence of personality differences, - the impact of cultural and professional identities, - the importance of emotional intelligence, - the vital role of adequate support systems. Team leaders need updated global competencies which they may not have learned in business school. Multicultural Teams are Complex Cross-cultural knowledge is an obvious pre-requisite for working with any team whose members come from different cultures. We acquire this knowledge from our reading, from our studies, from company-sponsored seminars and most importantly by maintaining a very high level of self-awareness when we step outside our own cultural boundaries. However managing cross-culturally is complex because real business issues are complex and often require more than a linear solution. So, how do we avoid the trap of over-simplifying the complexity of the issues faced by international teams? Let’s agree that there is more to understanding an international team than being aware of the diversity of national cultures represented by the members. We know from experience that there are key differences found on any team which may include gender, race, individual personality, cognitive and emotional intelligence, educational, and occupational backgrounds. Consulting to international teams and executives...

Words: 1555 - Pages: 7

Premium Essay

Dfds

...Theorist? In Search of Postgraduate Learning Styles in Tourism and Hospitality Education Rong Huang (rong.huang@plymouth.ac.uk) and Graham Busby (gbusby@plymouth.ac.uk) University of Plymouth, Plymouth Business School, Plymouth, Devon PL4 8AA ©Journal of Hospitality, Leisure, Sport and Tourism Education Abstract Provision of higher education for international students has become an important source of income for British universities. These students have attracted some research attention. This paper considers the learning styles adopted by postgraduate students at one British higher education institution. It is based on their approaches to a specific assignment relating to Krakow, Poland, and utilises multiple methods of data collection. Results from utilising the Learning Styles Questionnaire are presented and tentative conclusions drawn. It is argued that a didactic approach is not sufficient on its own and that assignments need to play to the individual’s personal characteristics where possible. Keywords: Learning styles; International students Introduction The provision of education and training services for people from overseas has become an increasingly important source of income for certain countries, including the UK (Mazzarol, 1998; Mazzarol and Soutar, 1999; 2002). International and particularly non-EU students have inevitably attracted attention from academics in various subject areas. There were 74,235 international students (UKCOSA, 2006) who embarked on full-time...

Words: 1682 - Pages: 7

Free Essay

Kava, Part 2

...inevitable trend. Kava’s business environment requires organizations with adequate resources, in particular management requires organization with adequate resources, in particular management talent and financing, to tackle the most complicated tasks that are out of reach of smaller tourism enterprises. The hospitality industry in general in Kava and hotels specifically seem to be behind most businesses when it comes toethics in concern to hotel relationships and environmental concerns. The hotel industry in Kava has experienced rapid growth in the past two decades. As the industry matures, it faces new challenges for sustained development and growth. Critical issues include consolidation and brand development by the emergence of large management contract companies, globalization strategy by international hotel companies, and hotel financial performance. The consolidation trend began in the 1990s and it has now gathered great momentum in Kava with the establishment of several large professional management companies. The growth of these companies demonstrates that these Kava hotel management companies have capitalized on the market opportunity of consolidation to rapidly develop their business. Market demand for professional management and brand enhancement will continue to stimulate future growth and more establishments of large hotel organizations in Kava. International hotel companies are also aggressively jockeying for market position in...

Words: 868 - Pages: 4

Premium Essay

Corporate Fi

...nance Chapter 1 Multinational Financial Management: An Overview 1. The commonly accepted goal of the MNC is to: A) maximize short-term earnings. B) maximize shareholder wealth. C) minimize risk. D) both maximize short-term earnings and minimize risk. E) maximize international sales. 2. With regard to corporate goals, an MNC is mostly concerned with maximizing _______, and a purely domestic firm is mostly concerned with maximizing _______. A) shareholder wealth; short-term earnings B) shareholder wealth; shareholder wealth C) short-term earnings; sales volume D) short-term earnings; shareholder wealth 3. For the MNC, agency costs are typically: A) non-existent. B) larger than agency costs of a small purely domestic firm. C) smaller than agency costs of a small purely domestic firm. D) the same as agency costs of a small purely domestic firm. 5. The valuation of an MNC should rise when an event causes the expected cash flows from foreign to _______ and when foreign currencies denominating these cash flows are expected to _______. A) decrease; appreciate B) increase; appreciate C) decrease; depreciate D) increase; depreciate 6. Which of the following theories identifies specialization as a reason for international business? A) theory of comparative advantage. B) imperfect markets theory. C) product cycle theory. D) none of these. 7. Which of the following theories identifies the non-transferability of...

Words: 1071 - Pages: 5

Premium Essay

Management

...countries and boundaries. With globalization, there are business process differences to overcome, diversity with respect to organizational culture to consider, and the intuitive element is approached from gender perspective as well as its relevancy in shaping managers’ cognitive style. Global change is altering the supply chain management structure and efficiency for U. S. multinational corporations. Johnson (2006) points to five areas of importance regarding supply chain management structures: Globalization and outsourcing, including the impact of China and India on supply chain structure and coordination; new information technologies, such as radio frequency identification (RFID) and tools that enable enterprise integration and collaboration; economic forces within and between supply chains, from the consumer pricing to supplier contract negotiation; risk management, including risks from supply chain complexity and from security threats; product lifecycle management, including post-sale service and product recovery (p.191-192). Even though these areas are important, Johnson (2006) underemphasized the importance and affects of cultural values and managerial philosophies on supply chain management organizations (Robbins & Judge, 2007). Anwar and Chaker (2003) demonstrated that cultural values and managerial philosophies are indigenous factors that are rooted within a given country. For example, Arabian managers are pugnacious, gregarious, and prefer to haggle a great...

Words: 1649 - Pages: 7

Premium Essay

Overview History and Current Structure - Amazon.Com

...selling items from appliances, books, electronics, wine and everything in between. Whatever the consumer is looking for can most likely be found at Amazon.com (Amazon, 2013a) Amazon made its start by selling books to consumers that loved to read but very soon realized that if they offered more products it would appeal to more people and increase customer base along with profits. “Today more than two million small businesses, world-class retail brands and individual sellers increase their sales and reach new customers by leveraging the power of the Amazon.com e-commerce platform (Amazon, 2013a).” One of the subsidiaries that Amazon has developed is its e-reader, The Kindle. Amazon was the first company to bring the e-reader into existence and drove other companies to develop similar products, such as the Nook by Barnes and Noble and other less popular e-readers. Amazon changed the way consumers read books, magazines, newspapers, and even watched movies and television all on one device (Amazon, 2013a). Another subsidiary is Amazon Cloud, which is a way for consumers to store books, movies, television shows, and even music in one place without having to take up the storage on one’s personal computer or laptop (Amazon, 2013a). When this was developed and marketed by Amazon many companies jumped on the chance to go to this type of storage for their document needs instead of spending lots of money having warehouses full of documents taking up space. Now all the same documents...

Words: 2111 - Pages: 9

Premium Essay

Adidas

...Introduction Adidas is a company that manufactures shoes and sport apparel. The founder is Adolf Dassler who is German. The name created by combination of the name and surname Adi Dassler, who started producing shoes in 1920s with the help of his brother Rudolf Dassler. That make costumer, to recognize Adidas is three parallel stripes of the same color. Slogan: “IMPOSSIBLE IS NOTHING” 1. History 1949-2005 Due to the death of Adolf’s son (Horst Dassler), the Company was bought in 1990 by Bernard Tapie. Back then Tapie was specialist of rescuing bankrupt companies. Next step was to change the place of production to Asia and make a promotion campaign by using a famous person as Madonna (famous singer). In 1992 economical problems lead Tapi to sell Adidas to Lyonnais bank. Lyonnais sold Adidas to Robert Louis-Dreyfus who was also the president of the Olympique de Marseille football team. In 1997, Adidas AG acquired the Salomon Group, and its corporate name was changed to Adidas-Salomon AG. Seven years later, top English fashion designer Stella McCartney launched a joint-venture line with Adidas. This line was a sports performance collection for women called "Adidas by Stella McCartney". After 2 years, Adidas introduced the Adidas 1, the first ever production shoe to utilize a microprocessor. In August 2005, Adidas bought rival Reebok. At the same time sales had been closer to those of Nike in North America. The acquisition of Reebok would also allow Adidas to compete with...

Words: 2018 - Pages: 9

Free Essay

Theory of Mnc

...Chapter 1 Multinational Financial Management: An Overview Specific Objectives • Identify the main goal of the MNC and conflicts with that goal • Describe the key theories that justify international business • Explain the common methods used to conduct international business Outline Goals of the MNC Maximize shareholder wealth Problems encountered in meeting goals: 1) Agency problems larger for MNCs than purely domestic firms because: a) monitoring more difficult because of geographic distance b) different cultures c) MNC size d) subsidiary managers may maximize the value of their subsidiary but not of the MNC as a whole 2) Centralized vs. decentralized management a) centralized reduces agency costs because it gives parent more control; downside is that local managers may be better informed b) decentralized management increases agency costs but may result in better decisions c) Internet may facilitate monitoring of foreign subsidiaries 3) Corporate control used to reduce agency problems a) executive compensation with stock b) threat of hostile takeover c) monitoring by large shareholders Constraints encountered in meeting goals 1) Environmental - other countries may be tougher (e.g., pollution controls) 2) Regulatory - e.g., currency convertibility...

Words: 3374 - Pages: 14

Premium Essay

Marketing

...Style That You Desire Subject: Principles of Marketing Submitted To: Prof. ZarghamUllah Khan Submitted By: Ayesha Mushtaq Roll no: M12MBA002 Samia Tahir Roll no: M12MBA004 Faiza Amjad Roll no: M12MBA020 Rakhshanda Jabin Roll no: M12MBA040 Amina Saeed Roll no: M12MBA047 Sobia Sarwar Roll no: M12MB054 Table of Contents Content | Page | a. Introduction | 4 | * Nature of Business | 6 | * Vision Statement | 7 | * Mission Statement | 7 | | | b. Market Competitive Analysis | | * Industry Analysis | 10 | * Competitor Analysis | 10 | * Product | 11 | * Target Market | 11 | * Size of a business | 12 | * Set-up | 12 | * Suppliers | 12 | * Setup cost | 12 | | | c. Marketing plans | | * PRICE | 14 | * PRICE ADJUSTMENT STRATEGIES | 14 | * DISCOUNT AND ALLOWANCE PRICING | 15 | * COST SHEET | 16 | * PRICE COMPARISON | 17 | * FACTORY AND BRANCHES | 18 | * PLACEMENT STRATEGY | 19 | * PROMOTION | 20 | * TASK TO ACCOMPLISH THESE OBJECTIVES | 21 | * SWOT ANALYSIS | 22 | * PESLTE analysis | 25 | * Conclusion & Recommendations | 28 | INTRODUCTION TAIPAN Textile pleased to introduce itself as one of the well- known Manufacturers of Hosiery knitted T shirts in the country with all sort of fabric in Bleached, Dyed and printed of 100% cotton and poly cotton. The team here strongly believes...

Words: 1974 - Pages: 8

Premium Essay

The Role of Leadership in Shaping Organizational Culture

...the unique social and psychological environment of an organization”. Leaders must have the ability to establish a culture in which the company is respected in society, and it is through the use of leadership the culture of the organization is passed to employees and the customers it serves. Diversity is another important factor of culture as having a diverse group allows for a variety of ideas to ensure innovation. Kapoor (2011) found it difficult to provide a clear definition of diversity, however she made clear the importance of remembering the cultural context of the organization and the society within which the organization exists to be prevalent (p. 290). In today’s society, diversity is a main issue within organizations. With the existence of global awareness and relationships companies must embrace diversity in order to have a competitive advantage and promote healthy cultures. In addition, this paper will discuss a few leadership theories and the relationship to organizational culture as well as other key components...

Words: 2879 - Pages: 12

Premium Essay

Managing Projects

...Project code: 9273 M1 Report Word limit/Words Covered: 5000/5079 Research Report Title: LEADERSHIP AND MANAGEMENT ACROSS DIFFERENT CULTURES - HOTEL LEICESTER MARRIOTT, UK http://issuu.com/sanjaykumarguptaa/docs/project-report-recruitment-and-selection-process Table of Contents Introduction 1 Introduction to subject area 1 Background of the study 1 Literature Review 3 Critical evaluation of leadership theories 3 Compare and contrast of leadership style across different cultures 6 Critical evaluation of motivational theories 7 Compare and contrast motivational techniques across different cultures 8 Critical evaluation of theories for managing cultural diversity 9 Secondary research method 10 Primary research method 10 Interview 10 Findings and Discussion 11 Findings from secondary research 11 Managing diversified customers 11 Recommendations and Conclusion 13 Conclusion 13 Recommendations 13 References (Harvard Style) 17 Introduction Introduction to subject area It is a well known fact that success of the hospitality industry depends on the high quality services provided to the customer. It is the responsibility of the leaders to motivate and inspire employees to deliver a higher quality services for the success of the organization. With the increasing globalization, the leaders in the hospitality industry also come across through different challenges. Employees from diverse background...

Words: 5625 - Pages: 23

Premium Essay

Organizational Behavior

...Every organization has its own culture. Every organization has its own environment to achieve its targeted goal and objectives. The people working in an organization also have different culture and different behavior and thus they have different working style to achieve the organizational goal. To study and understanding people and their behavior in an organization, organizational behavior is studied. Organizational behavior is related to the study of peoples functioning in an organization focused on achieving organizational common objectives. It includes sociology, psychology, communication and management. Individuals are most for performing every task, so their behavior and their needs should be properly studied in order to work together for achieving organizational objectives. Organization success and its objectives are achieved efficiently and effectively only if the management and leadership style is appropriate according to the situation and behavior of individuals. Organizational behavior deals with all these activities to develop the effective leaders and proper functioning of organization to achieve its objectives. Management is all about the planning, organizing, controlling and leading. Planning deals with the setting the goals and objectives and the process to achieve them. It helps to decide in advance on what to achieve, how to achieve. Organizing deals with the distribution of activities and roles with clear lines of authority and responsibility. It helps to...

Words: 1990 - Pages: 8

Premium Essay

Conflict Management

...Bonus Paper on Conflict Management Bob Smith Course No: GMGT 2070 Section A02 Professor Janet Smith Date: July 25, 2015 An increasing issue among many employees in the working environment today, organizational conflict can be visible anywhere. We seek to assess the article presented by the author on its issues among colleagues in the workplace, linking theoretical models and hypotheses to the situation presented, as well as conflict resolution methods to be implemented. The article begins with a brief introduction of a French banker named Philippe, who accepts a management position at an investment bank in London, in which he believed this employment opportunity would allow for him to expand his network by gaining valuable international work experience and skills (Corkindale, 2007). However, after more then a year on the job, Philippe and his co-workers began engaging in inter-organizational conflicts, where he found it difficult to adjust into his new role in a foreign country. Although Philippe believed he has been acting in a consistent and fair manner, formal complaints from other members of his team began to arise, accusing Philippe of inconsistent management styles, and favoring certain team members over others (Corkindale, 2007). Philippe agreed to receive coaching on his management techniques, however he felt that the bank had not properly trained him for his role within the organization, in which he states that the banks focus has been on profit making...

Words: 568 - Pages: 3