Recent International Business Articles
recent international business articles
Strategic & technological change in the contemporary business world…
In the contemporary business world only thing that seems to be constant is change and the nature of the competition is such that companies need to leverage on the way they manage change to gain a competitive advantage. Moreover, the types of changes the companies experience vary in nature as well, for instance, as industries consolidate, there are increasing number of mergers and acquisitions, the pressures on organisation to compete in a more global arena are leading to different competitive pressures and more strategic alliances
Furthermore, rapid technological changes are forcing organisations to embrace new technologies and change the way they work and interface with suppliers and customers (Balogun and Hailey, 2004). However, the phenomenon is not new and has seen a series of management fads like cultural change programs, total quality management, business process re-engineering etc. Unfortunately most of the change programs launched within the organisations are below par, evident in the figure of around 70% failure (Balogun and Hailey, 2004). Hence, strategic change is becoming a highly sought after managerial competence.
Moreover, the change management process is highly complicated and there is no fixed norm that could be followed. However, like most other areas in management experts have proposed models for organisational change vis-à-vis Lewin’s model of change, the planning model, the action research model and the integrative planning model (Harigopal, 2006). These models cover various aspects of the change management process enabling planned change; however, one facet of the process that has emerged in recent times of increasing globalisation is that of organisational culture
The role of cultural awareness has become rather significant, be it international mergers, acquisitions or just internal business process changes. There has been a barrage of literature detailing the ways of diagnosing cultural changes and assessing cultural risk in managing change and aligning strategy and culture with the intended change. Along with managing cultural diversity during change processes, it has become a standard practice for organisations to publish its core values defining its organisational culture along with its mission statements on their websites and financial statements.
Be it the construction industry or an Aerospace organisation strategic change is attracting an increased attention from the management. Especially the extent of involvement of the people and stakeholders in the process of strategic has been under a constant debate. There are organisations like the Brazilian Semco, where people decide their own targets and managers their own salaries, which has redefined strategic change and involvement of people (Crainer, 1999). The bottom line is that strategic management has many facets and is developing into an area which will receive a lot of management attention.
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About the Author
I am Ameer Sheikh from Mumbai
What recent news articles have involved problems with international business etiquette?
This is for my communications class and i am looking for some kind of article where there was a problem or someone was fired due to their lack of etiquette while traveling abroad.
the best place is to look on www.cnbc.com because they have lots of info about all over.
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Natural Capitalism: Creating the Next Industrial Revolution $3.50 In Natural Capitalism, three top strategists show how leading-edge companies are practicing “a new type of industrialism” that is more efficient and profitable while saving the environment and creating jobs. Paul Hawken and Amory and Hunter Lovins write that in the next century, cars will get 200 miles per gallon without compromising safety and power, manufacturers will relentlessly recycle … |
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Labor Relations and Collective Bargaining: Cases, Practice, and Law (8th Edition) $46.99 The eighth edition of this best-selling book continues to provide readers with a realistic picture of actual collective bargaining and labor relations situations drawn from the authors’ considerable experiences. Sections of actual labor agreements as well as arbitration cases and decisions of the National Labor Relations Board (NLRB) and the courts illustrate and emphasize contemporary issues of … |
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On Competition $6.67 For the past 15 years, Michael Porter’s work has defined our fundamental understanding of competition and competitive strategy. Presented here for the first time as a collective whole are a dozen articles: two entirely new articles and ten of Porter’s articles from the “Harvard Business Review”. The collection includes a framing introduction from Porter. As a collection, these essays assume a new … |
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Recent International Opera Discography $199.95 This book is in New – Excellent condition |
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Congressman Barratt O’Hara Talking to Voters About the Recent Business Recession $79.99 Congressman Barratt O’Hara Talking to Voters About the Recent Business Recession – Premium Photographic Print |
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International Bibliography of Books and Articles, 1973 $219.38 No Synopsis Available |
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Practical Approaches to Firefighting: A Selection of Recent Articles from Fire Engineering $8.24 No Synopsis Available |
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Recent Trends in International Direct Investment $20.48 No Synopsis Available |
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Recent International Opera Discography 2003 $194.95 No Synopsis Available |
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Recent Advances in Geomathematics : An International Symposium $133.58 No Synopsis Available |
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International Business $151.8 No Synopsis Available |
