Global Organizations: Emergence and Challenges
GLOBAL ORGANIZATIONS: EMERGENCE AND CHALLENGES
Subject: Term Paper of Organization Management
Written By:
Fernando Galicha
Entry No: 2010SMF20901
TABLE OF CONTENTS
NEED FOR GLOBAL ORGANISATIONS……………………………………………...3
CHALLENGES FOR GLOBAL ORGANIZATIONS……………………………………4
DEVELOPING GLOBAL MINDSET……………………………………………………6
KNOWLEDGE MANAGEMENT IN GLOBAL ORGANISATIONS………………..…7
FLEXIBILITY IN GLOBAL ORGANIZATIONS……………………………………….7
References…………………………………………………………………………………8
NEED FOR GLOBAL ORGANISATIONS
From the last two decades with the advancement of technology the globe has become getting smaller and smaller. Needs of one part of the globe are being catered by another part. In this era of globalization organizations sell products and provide service to international customers in different countries. And the maintenance of the product sold or service provided throughout the lifecycle of the product/service requires the system to be globally well acquainted. As such organizations have to set up globally distributed service to serve the customers based on different business needs. A commercial organization decision to setup multiple organizations spread throughout different regions depends on the global business needs.
The business needs which require setting up of multiple service organizations can be very diverse and may deal with different aspects such as:
Linguistic requirements of consumer market:
Linguistic aspects play a major role in affecting consumer behaviour. A central service organization serving customers throughout the world may not have service staff which can communicate effectively with customers which are based in foreign countries and speak local languages. Hiring local service staff with multiple language capability may not be a cost effective option. In this case, setting up service organization in the regions where local service staff can be hired at a reasonable cost is a good option.
Cultural diversity of the
Subject: Term Paper of Organization Management
Written By:
Fernando Galicha
Entry No: 2010SMF20901
TABLE OF CONTENTS
NEED FOR GLOBAL ORGANISATIONS……………………………………………...3
CHALLENGES FOR GLOBAL ORGANIZATIONS……………………………………4
DEVELOPING GLOBAL MINDSET……………………………………………………6
KNOWLEDGE MANAGEMENT IN GLOBAL ORGANISATIONS………………..…7
FLEXIBILITY IN GLOBAL ORGANIZATIONS……………………………………….7
References…………………………………………………………………………………8
NEED FOR GLOBAL ORGANISATIONS
From the last two decades with the advancement of technology the globe has become getting smaller and smaller. Needs of one part of the globe are being catered by another part. In this era of globalization organizations sell products and provide service to international customers in different countries. And the maintenance of the product sold or service provided throughout the lifecycle of the product/service requires the system to be globally well acquainted. As such organizations have to set up globally distributed service to serve the customers based on different business needs. A commercial organization decision to setup multiple organizations spread throughout different regions depends on the global business needs.
The business needs which require setting up of multiple service organizations can be very diverse and may deal with different aspects such as:
Linguistic requirements of consumer market:
Linguistic aspects play a major role in affecting consumer behaviour. A central service organization serving customers throughout the world may not have service staff which can communicate effectively with customers which are based in foreign countries and speak local languages. Hiring local service staff with multiple language capability may not be a cost effective option. In this case, setting up service organization in the regions where local service staff can be hired at a reasonable cost is a good option.
Cultural diversity of the
References: 1. www.millennium-project.org/millennium/challeng 2. www.imd.ch 3. LEE O 'CONNELL,” risk and compliance challenges for global organizations”, Inside Counsel, April 2012 4. Industrial and Commercial Training Volume: 42; Number: 1; Year: 2010; pp 3-10Copyright © Emerald Group Publishing Limited ISSN: 0019-7858 5. International Organization 62, Summer 2008, pp+ 477–505© 2008 by The IO Foundation