Notes for Key Assignment Outline

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Phase 4 DB & Brief on Phase 5 IP
Chapters 7, 8, 9, 17 & 18
This task is an important first step to the Phase 5 IP. The phase 5 IP is your final task for the class and will incorporate aspects of several of your other tasks. Phase 5 IP OVERVIEW
This task has several parts that are designed to create one complete and comprehensive opinion of your chosen company. Further it is an examination of any global opportunities the company may have and what issues might come up as a result of expanding globally. The project will have 5 parts:

I. Executive Summary
II. Current State of the Company
III. Change
IV. Implementation Program
V. Future Opportunities
Based on what you have done to date you should be able to complete the Executive Summary and the Current state of the company for the Phase 5IP as part of your 4 DB. The executive summary includes:

* Create an executive summary about the current state of your company. Include the following information: * Overview of the company including size and revenue
* Leadership team
* Mission statement
* Business ethics and social responsibility
The current state of the company should include:
* Product mix
* Current financial state
* SWOT Analysis components
All of which you have already talked about. Remember this is just an outline so you do not need to create a cohesive flowing story. This is designed to help you create the order under each section that you will talk about the issues. Now I would try to have as complete of an executive summary and current state of the company as possible at this point in time. The rest of the Phase 4 DB document will be much more generic and less defined as they will incorporate issues you will be dealing with this week and next week. Review on your own the sections of the Phase 5 IP prior to doing the Phase 4 DB and begin to gather some information regarding Change, Global issues and future opportunities for the company. Part 3 will be dealt with in your Phase 4 IP we will be discussing on Wednesday. Also begin to look at global issue such as culture and norms of other parts of the world and try to begin to make the connection as to how these issues will effect the company and the way they do business. Going Global

In today’s business environment with global expansions it is important for organizations to take a different approach with their employees. Today’s business is made up of people from all walks of life and from all corners of the globe. It is very important for multi-national companies to understand cross culture issues and even more important is the training and development of its workforce. For our discussion regarding global issues we will focus on the people factor rather than that of legal and economic issues that are far more obvious and understood. The people issues are what is usually overlooked. In our discussion we will explore communication issues, look and explore an analysis of Hofstede measures and translate that to some management style conclusions. Communication comes in many forms through body language, facial expressions, hand signals as well as written and spoken. Each culture interpretation of facial, body and hand signs is different from one country to another. It is very important to learn what forms of communication can become disastrous. Some cultures also see the way you dress as communicating who you are or where you are such as in statues. Some cultures giving gifts is a must from just a simple invitation to dinner. Approaching business in any country, other than the county of origin, can be problematic at best and disastrous at worst for companies that do not do their research into the culture of the desired country. “Culture is simply the set of values, attitudes, and beliefs shared by such a group, which sets the standards of behavior required for continued acceptance and successful participation in that group.”...
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