Global Leaders
As the 21st century unfolds, we are told that the world is embracing globalism -- a key change in the economic, political and cultural movements that, broadly speaking, move the various countries of the world closer together. This idea refers to a number of theories that see the complexities of modern life such that events and actions are tied together, regardless of the geographic location of a specific country (political unit). The idea of globalism has become popular in economic and cultural terms with the advent of a number of macro-trade agreements combined with the ease of communication brought about with the Internet and cellular communication.
Would we not logically think, then, that countries in the developing world would be doing their upmost to encourage global thinking? That these same countries would embrace the chance to forge a nation of entrepreneurs and move into a position of self-sustaining economic growth?…...
mlaREFERENCES
Committee For Economic Development. (2006). Education for Global Leadership: The
Importance of International Studies and Foreign Language Education for U.S. Economic
And National Security. CED. Retrieved from: http://www.ced.org/images/library/reports/education/report_foreignlanguages.pdf
Graham, J.P. (2005). The Globalization of the Small Enterprise. Going Global. Retrieved from:
Safety in Mining in Australia
The mining industry in Australia is traditionally renowned for establishing best practices that are geared towards promoting the health and safety of miners as they engage in their various activities towards improved productivity. Through the use of these best practices and safety solutions, Australia's mining sector has developed to become a global leader with regards to safety and health. According to the Australian Trade Commission (2014), the health and safety of miners in the country's mining industry has partly been attributable to the use of an effective world class regulatory and policy framework. Moreover, the Australian government collaborates with industry players and stakeholders to ensure that the mining sector is free from injuries, fatalities, and disease. Currently, the Australian government utilizes a Safety Engineering Model that has helped in dealing with unsafe acts and unsafe conditions as shown in Figure 1 below (Cliff, 2012).
Figure 1: Safety…...
mlaReferences
Australian Trade Commission. (2014, June). Australia's Mining Health and Safety Systems. Retrieved from Australian Government website:
Cliff, D. (2012). The Management of Occupational Health and Safety in the Australian Mining Industry. Retrieved May 19, 2017, from https://pdfs.semanticscholar.org/6625/75fe4001b93872dfa4aed58b76b4f29875e8.pdf
Evekall, E., Gillespie, B. & Riege, L. (2008, August). Improving Safety Performance in the Australian Mining Industry Through Enhanced Reporting. Retrieved May 19, 2017, from https://www.pwc.com/gx/en/energy-utilities-mining/pdf/safetypaper_english_final.pdf
Joy, J. (2004). Occupational Safety Risk Management in Australian Mining. Occupational Medicine, 54(5), 311-315.
Global leadership used to be a bit of a novelty or niche part of doing business. While many businesses have engaged in global commerce and discourse for quite some time, it was much more limited in many other parts of industry. However, the advancement of technology, the internet/computers in particular and supply chain logistics has been a game changer. Also significant is the massive movement of many peoples from their customary and common parts of the world to new endeavors and locales. Whether it be the refugee migrations from Africa and the Middle East or whether it be professionals from Asia finding new frontiers in the West as doctors and so forth, demographics are changing swiftly and significantly and this will require a level of cultural awareness and understanding even for businesses that do not intentionally operate in a global fashion.
Analysis
Even though much of the developments relating to the global…...
Regional Star to Global Leader
Global and Intercultural Competencies of Yang Jianguo
Using the information case study from regional star to global analyze the global competencies and intercultural competencies of Yung Jianguo. What are his strength and weakness?
Yang Jianguo possesses some of the most important and competent skills having been promoted from a regional to a global leader. Getting an appointment to this position demands great qualities that only a few educated and well-experienced persons can possess. This man had certain cultural and global competencies that enabled him to be among the best people. For instance, he is very innovative and can form ideas and opinions that can take a business so many milestones. His critical analysis of situations and business environment makes him capable of tackling global issues that may seem a bit complex. His ability to apply these skills competently made him one of the best global leaders who…...
mlaBibliography
Adler, N.J., & Gundersen, A. 2008. International dimensions of organizational behavior. Mason, Ohio, Thomson/South-Western.
Doh, J., & Stumpf, S. 2009. Handbook on Responsible Leadership and Governance in Global Business. Cheltenham, Edward Elgar Pub.
McCall, M.W., & Hollenbeck, G.P. 2010. Developing global executives the lessons of international experience. Boston, Harvard Business School Press.
Mobley, W.H., Wang, Y. & Li, W. 2008, Advances in Global Leadership. London: Emerald Group Publishing
Magna International a global leader in automotive supplies "designs, develops and manufactures technologically advanced automotive systems" (Magna.com. About Us. 2011). Fiscal year 2010 saw "Magna sales of $24.1 billion, an increase of 39% compared with fiscal year 2009" (Magna International Annual Report 2010. P.10). his revenue growth was predicated on a return of global growth in the automotive space however, equally crucial was an executive management team which built a solid financial foundation "with net cash of $2 billion and little debt" (Magna International Annual Report 2010. P.10). he 2010 financial results including strong operating and net income gains stand in contrast to 2009 results which saw Magna International with net operating income and net income losses. he task at hand is to analyze the 2009 and 2010 Annual Reports to discern changes in management strategy which can explicate these financial changes.
Were fixed assets added because of the need to…...
mlaThe most useful method of analyzing Magna'a annual sales to cost is through analysis of the firm's Gross Margin and Selling, General, and Administrative Expenses (SG&A). The 2009 Annual Report identifies "Gross margin decreased 22% or $746 million to $2.72 billion for 2008 compared to $3.46 billion for 2007 and gross margin as a percentage of total sales decreased to 11.5% compared to 13.3%" (Magna International Annual Report. 2009. P.39). "The calculation of the Gross Profit is: Sales minus Cost of Goods Sold. The Cost of Goods Sold consists of the fixed and variable product costs, but it excludes all of the selling and administrative expenses" (Accounting for Management.com. N.D.). From the decline in Gross Margin as well as study of the income statement, Magna's Cost of Goods Sold declined from 2008 levels of $20.9 billion to $15.69 billion, while Selling, General, and Administrative Expenses declined from 2008 levels of $1.31 billion to $1.26 billion in 2009 (Magna International Annual Report. 2009. P.46). . What this decline indicates is significant reductions in variable cost related to labor and wages concomitant with a large reduction in sales volume. Additionally, depreciation expense declined by approximately $150 million, while interest expense increased by approximately 70 million (Magna International Annual Report. 2009. P.46).
Has the firm's cost structure changed over the period noted in the annual report?
For the period covered by the Annual Report 2009, Magna costs reflected a shift away from higher variable costs in the form of labor and wages to a greater reliance on fixed costs; evidenced by cap-ex spending in
At the same time, as Google will try to diversify its presence on the market, it will run into Microsoft, an important adversary.
However, the IT market offers numerous opportunities as well, starting with the diversification and amplification of the portfolio of instruments that Google is offering to entering some of the related segments, such as some of those that have been described previously.
Alternative solutions
There are several alternative solutions to some of the problems that have been previously identified.
1. Develop new technologies
This type of solution would allow Google to enter new markets, but will also address one of the problems that has been identified as the brain drain: important executives migrating to other companies because of the need for new challenges. This type of solution is a feasible one: the company has enough financial resources to pour them into developing new technologies and into research and development in general. The…...
mlaBibliography
1. Penenberg, Adam L. "Why Google Is Like Wal-Mart." Wired. 21 April 2005. Retrieved on 25 February 2007.
2. Google Annual Report 2008.
Penenberg, Adam L. "? o "http://www.wired.com/culture/lifestyle/news/2005/04/67287
Global Mindsets
Importance of the Global Mindset
I agree with the assertion made by Cohen that possessing a global mindset is a key and integral part to being successful in business, particularly if global expansion is an organizational goal or aspiration. To be successful in today's marketplace, leaders must understand that the world is no longer made up of only local/regional/national customers and competitors. It has been shaped by the digitized age we live in. Customers come from everywhere, for just about everything. Similarly, competition does too. This means to be truly successful, business leaders must know how to integrate a number of geographies, cultures, demographics, tastes, preferences, and business strategies from across the globe (Gumbel 2008). Leaders need an appreciation for diverse business relationships and more specialized skills to achieve their goals.
Universal cooperation is a daily business reality. The vast majority of this is due to technological advancement and the new…...
mlaReferences
Beechler, S, & Baltzley, D 2008, 'Creating a Global mindset', Chief Learning Officer, 7, 6, pp. 40-45, Business Source Elite, EBSCOhost, viewed 17 May 2013.
Cohen, SL 2010, 'Effective global leadership requires a global mindset', Industrial & Commercial Training, 42, 1, pp. 3-10, Business Source Elite, EBSCOhost, viewed 17 May 2013.
Gumbel, P 2008, 'Big Mac's Local Flavor', Fortune, 157, 9, pp. 114-121, Business Source Elite, EBSCOhost, viewed 17 May 2013.
Massingham, P 2013, 'Cognitive Complexity in Global Mindsets', International Journal Of Management, 30, 2, pp. 232-248, Business Source Elite, EBSCOhost, viewed 17 May 2013.
Global warming has become an issue of major global concern. This research explores the complexities of the issues surrounding global warming and the development of models to help curb the human contributions to its continuation. This research focuses on the UAE and its initiatives to develop sustainable cities in the future.
Evolution of Cities
environmental change and Global warming
Field Work and Case Studies
Back Ground
The United Arab Emirates (UAE) covers an area of approximately 777 sq. km and has a population of over 5 1/2 million residents according to 2009 statistics (Department of Economic and Social Affairs Population Division. 2009). The country has the six largest oil reserves in the world and is one of the most developed economies in the Middle East. It has one of the most developed infrastructures in the Middle East as well. Global warming has become a key issue in developed nations that rely heavily on industry such…...
mlaReferences
Department of Economic and Social Affairs Population Division (2009) (PDF). Expat numbers rise rapidly as UAE population touches 6m. 2009 revision. uaeinteract.com. [Accessed October 5, 2011] Available from World Wide Web: http://uaeinteract.com/docs/Expat_numbers_rise_rapidly_as_UAE_population_touches_6m/37883.htm.
Ellis, C. History of Cities and City Planning. [Accessed October 5, 2011] Available from World Wide Web: http://www.art.net/~hopkins/Don/simcity/manual/history.html
Environment and Ecology. 2011. UNESCO World Heritage. XIth World Congress of the OWHC -- Sintra 2011 Climate Change. [Accessed October 5, 2011] Available from World Wide Web: http://www.environment-ecology.com/unesco-world-heritage.html
Ewing, R., Bartholomew, K., & WInkel, S. et al. "Growing Coooler: evidence of urban development and climate change. Urban Land Insititute. [Accessed October 5, 2011] Available from World Wide Web: http://www.smartgrowth.umd.edu/pdf/GrowingCooler-Ch1Overview.pdf
Global Environmental Issues Organisms have to deal with both abiotic and biotic factors to succeed living in a given environment. Such physical and chemical environmental conditions as salinity, light, wind, pressure and heat, constitute abiotic factors. Biotic factors include the whole set of biological conditions that a species faces including the abundance of both predator and prey, space available, food availability, inter and intra species competition (Sherbinin, Alex de et al. 1). The relationships of interdependent nature among and between the living organisms; also referred to as the biotic aspects of an ecosystem can be classed in terms of whether they are harmful or beneficial to a given species. They may also have no effect on a given organism in focus. Human-environment interaction leads to changes and shifts in the global environment via a series of associated causes. These causes change the environments in certain ways to the extent of affecting…...
Global Perspectives on LeadershipAlthough the process of globalization began in antiquity, it has greatly accelerated in recent years to the point where the marketplace is increasingly globalized and economic downturns in one country can have profoundly severe rippling effects around the world. Moreover, innovations in transportation and communications have created an environment in which products and services must appeal to a far larger audience than in the past, but many organizations are failing to respond to these changes in timely and appropriate ways. Against this backdrop, it is clear that more effective global leadership is needed by the private and public sectors. The purpose of this paper is to provide a review of the relevant literature to define and thoroughly explain global leadership and an analysis concerning the importance of competencies in the context of global leader. In addition, the paper also provides a definition and critique of the role…...
mlaReferencesBarrett, E. (2014). Global leadership and learning through humor. International Center for Global Leadership. Retrieved from G. & Anderson, J. (2019, March 5). Use humor to energize the global workplace. Society of Human Resource Management. Retrieved from https://www.shrm.org/resourcesand tools/legal-and-compliance/employment-law/pages/global-using-humor-to-energize-the-global-workplace.aspx.Caligiuri, P. (2006). Developing global leaders. Human Resource Management Review, 16(2), 219–228.Javidan, M., Bullough, A. & Dibble, R. (2016). Mind the Gap: Gender Differences in Global Leadership Self-Efficacies. Academy of Management Perspectives, 30(1), 59–73Knoll, C., & Sternad, D. (2021). Identifying global leadership potential. Journal of Management Development, 40(4), 253–272.Mayo, A. J., & Nohria, N. (2005). Zeitgeist leadership. Harvard Business Review, 83(10), 45.Sager, M. (2019, February 24). Humor as an effective leadership strategy. Medium. Retrieved from https://mathias-sager.medium.com/humor-as-an-effective-leadership-strategy-8a3f4ef668dc .Tardiff, K. J. (2018). Global Citizen Leader: Successful Leaders Engaging in International Trade and Global Assignments. Fort Smith, AR: University of Arkansas. Yang, I., Horak, S. & Chi, S-C. (2020). Leader humor effectiveness – The divergent dynamics of leader humor over time in East Asia and North America. Thunderbird International Business Review. Retrieved from http://facpub.stjohns.edu/horaks/prep/file/ Leader%20Humor%20Effectiveness.pdf.http://www.icglconferences.com/articles/global-leadership-and-learning-through-humor/ .Burt,
Global Leadership
One of the trends that has emerged in strategic management over the last generation is how organizations can better position themselves to deal with diversity. As globalization continues to spread its influence, many multinational corporations have to actively manage global teams in a dynamic environment. This requires that global teams overcome diversity in stride with strategic objectives. William Pieroni, chief operations officer at Marsh who is a global leader in insurance broking and risk management shared his tactics for managing global teams with students at the Yale School of Management; Marsh has 25,000 employees based in 150 countries around the world (Yale School of Management, 2015).
"As the manager of large global teams, your job is to direct, align, and motivate all these people all over the world," Pieroni said. "And you can't be ambiguous." While each office within a large, multinational corporation has its own "unique, local culture," it's…...
mlaReferences
Minbaeva, D., Pedersen, T., Bjorkman, I., Fey, C., & Park, H. (2003). MNC knowledge transfer, subsidary absorptive capacity, and HRM. Journal of International Business Studies, 34(6), 581-599.
Sarkar, M., & Cavusgil, T. (2007). Trends in international business thought and literature: A review of international market entry mode research: Integration and synthesis. International Business Review, 825-847.
Tsai, W. (2001). Knowldedge Transfer in Introgranizational Networks. The Academy of Management Journal, 996-1004.
Yale School of Management. (2015, November). Marsh COO William Pieroni on Managing Global Teams. Retrieved from Yale School of Management: http://som.yale.edu/news/2015/11/marsh-coo-william-pieroni-managing-global-teams
The capital requirements together with reserve policies were overhauled with the entry of new leadership and avenues of the company. Moreover, the company had to align compensation with long-term returns. The strategies, which were laid by the company after its revival was to settle the dividends of the purchasers, and pay debts, which had been accrued in payments (Stonehouse, 2004).
Porter's Five Force
The Porter's Five Forces have a great influence of the way McDonald's Company has been operating in the market. Literally, the company has embraced all the five figures making up the Porter's Five Forces. These are the forces, which influence the market as it happened to McDonald's Company. The company faced the threat of new entrants into the market. When the company was introduced, it dealt with different products, most of which were also being produced by some other companies. As such, the company had to shift from…...
mlaReferences
Ahlstrom, D., & Bruton, G.D. (2010). International management: Strategy and culture in the emerging world. Australia: Southwestern Cengage Learning.
Facella, P., & Genn, a.M. (2009). Everything I know about business I learned at McDonald's:
The seven leadership principles that drive break out success. New York: McGraw-Hill.
Gilbert, S. (2009). The story of McDonald's. Mankato, MN: Creative Education.
Global Business
When businesses go international, they have to operate in a more competitive, uncertain, and risky business environment. The forces present in the Global environment bring a number of challenges for the businesses; making it more difficult for them to maintain their market share, enhance profitability, and keep the customers satisfied (Cherunilam, 2007). To compete successfully and ensure a sustainable future in the international markets, business organizations have to analyze these forces carefully and strategize accordingly. Globalization has also impacted the way countries use to recognize themselves as internationally competitive and advanced than other countries (Tellis, Stremersch, & Yin, 2003).
This paper presents a comprehensive discussion on the positive and negative impacts of Globalization and the efforts which nations and business organizations make in order to become internationally competitive and keep up pace with the Globalization. The paper starts with a brief description of different environmental forces that are an integral…...
mlaReferences
Benetton, (2012). The Group. Retrieved on May 3rd, 2012, from
CIA, (2012). Italy: Economy Overview. Retrieved on May 3rd, 2012, from
Cherunilam, F. (2007). International business: text and cases. India: PHI Learning Pvt. Ltd.
Dconti, (2012). Effects of Globalization on Italy. Retrieved on May 3rd, 2012, from
Global Business Cultural Analysis
Nigeria
Nigerian History
Synopsis of Nigerian government
Nigerian monarchy to presidential system
The evolution of Nigeria from British control to a civilian democratic government
Nigerian major commodities
Oil
Food
The major elements and dimensions of culture in Nigeria
Cultural dimensions
Individualism
Power distance
Masculinity
Uncertainty
Model of culture
Universalism or Particularize
How is the integration of elements and dimensions that Nigerians doing business in the country?
The effects of governments on the prospects for its business around the world
How the elements and dimensions compared with the United States, culture, and business?
The role of women in the workplace
Business visitors must be dressed in an elegant and tie (for men!)
Cross-cultural business transactions between the United States and Nigeria
Conclusion
eferences
Abstract
Thurstan Shaw and Steve Daniels, who are the founder for archaeological research proved in their research that Nigeria has been developed since 9,000 BC. At that time, people were living particularly in the low-Eleer region and even earlier that that, in the southeastern region of Nigeria known as Ugwelle-Utruru…...
mlaReferences
Afolayan, T.E. (2011). Coming To America: The Social and Economic Mobility of African Immigrants in the United States. Inquiry (University of New Hampshire), 6-11. Retrieved from EBSCO host.
Alutu, O.E., & Udhawuve, M.L. (2009). Unethical Practices in Nigerian Engineering Industries: Complications for Project Management. Journal of Management in Engineering, 25(1), 40-43. Doi: 10.1061 / (ASCE) 0742-597X (2009)25:1(40)
Global Business Project Management
The objectives of a project are the expected outcomes and benefits to be received upon completion of the project. What the project is projected to achieve can either be specific, measurable or varying and materializing gradually over time. Projects are developed and executed in many settings and the type of project chosen; the time, the budget and the team size are agreed on based on the setting, the objectives of the project and the available resources among other factors. Different organizations have particular individual styles and cultures influencing the manner in which the project work is executed. This paper will look at projects, the many factors that make projects to differ, advantages and disadvantages of the functional and matrix organizations when observed from a project management perspective.
A project is understood to be a temporary endeavor that is executed by an organization, group or institution and that purposes…...
mlaReferences
Berkun, S. (2005). The Art of Project Management (Theory in Practice (O'Reilly)). Cambridge: O'Reilly Media.
Galbraith, J.R. (1971). "Matrix Organization Designs: How to combine functional and project forms." In: Business Horizons, February, 1971, 29-40.
Goodman, M., Greenwood A., Major, I. And Nokes, S. (2003). The Definitive Guide to Project Management: The Fast Track to Getting the Job Done on Time and on Budget. New Jersey: Prentice Hall.
Gottlieb, R.M. (2007). The Matrix Organization Reloaded: Adventures in Team and Project Management (Creating Corporate Cultures). Connecticut: Praeger.
Thesis Statement:
The United States Navy has played a crucial role in shaping the course of history, safeguarding national interests, and upholding global security. Its contributions encompass a wide spectrum of operations, from defending territorial waters to conducting humanitarian missions, demonstrating its unwavering commitment to protecting the nation and its allies.
Arguments/Points to Discuss:
1. Historical Significance:
- Highlight the Navy's origins during the American Revolutionary War, emphasizing its instrumental role in securing independence.
- Discuss the Navy's involvement in major conflicts, including the War of 1812, the Spanish-American War, World War I, World War II, and the Korean War, showcasing its adaptability....
1. Cultural differences: Managing a team of employees from different countries and cultures can be challenging due to potential misunderstandings, conflicts, and communication barriers.
2. Time zone differences: Coordinating meetings, projects, and communication can be difficult when employees are located in different time zones, leading to delays and inefficiencies.
3. Legal and compliance issues: Companies must navigate the complex legal requirements and regulations of each country where their employees are based, including tax laws, employment regulations, and data protection laws.
4. Language barriers: Language differences can create communication challenges and misunderstandings, affecting collaboration and productivity among international teams.
5. Employee engagement and motivation: Keeping....
Corporate-Level Strategy
Coca-Cola's corporate-level strategy revolves around maintaining its global leadership in the beverage industry. This includes a focus on expanding market share, driving profitability, and boosting brand recognition. The company has pursued several key initiatives, such as:
Diversification: Expanding beyond its core carbonated soft drink business into other beverage categories, including juices, sports drinks, and bottled water.
Acquisitions: Acquiring strategic brands and companies to strengthen its portfolio and expand into new markets. Notable examples include Minute Maid, Dasani, and Innocent Drinks.
Global Expansion: Continuing to expand its geographical reach by establishing operations in new countries and increasing market penetration in....
Thought-Provoking Essay Topics on Bruce M. Russett's "No Clear and Present Danger: A Skeptical View of the United States' Entry into World War II"
1. The Role of Public Opinion in the U.S.'s Decision to Enter WWII:
- Analyze how public opinion shaped the Roosevelt administration's policies and decisions leading up to the war.
- Discuss the influence of isolationist and interventionist sentiments on U.S. foreign policy.
- Examine the impact of events such as Pearl Harbor on public perception and the subsequent mobilization for war.
2. The Question of Surprise: Was the U.S. Adequately Prepared for War?:
- Assess the intelligence....
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