How to Write a Summary of an Article? Tranisition Into a Global Organization What marketing considerations do you need to understand as you evolve from a domestic supplier or international distributor to a fully integrated global company? Is it an easy transition or does it demand restructuring of your market functions? There are many factors an organization must consider before and during the transition into a fully integrated global company.
Forced changes afford opportunities that you may have overlooked in the past. They can lead to increased performance, higher employee morale, and, ultimately, greater profits for you and your business. The way you respond to the changing global economy impacts your chance of survival and success in that environment.
Mentality An organization typically takes on the attitudes and mentality of its leadership. Smooth transitions during organizational changes occur when you remain calm and focused with clear goals and commitments.
According to the U. Office of Personnel Management, effective leaders of transitioning global enterprises must be flexible and resilient, with the ability to remain calm under pressure.
As an effective leader you must think creatively to suggest organizational changes that best serve the employees and the customers. To be a successful leader during global expansion, you must possess long-term vision that you can communicate to your staff so they can best put the changes into action.
Markets Advances in technology, transportation and trade agreements open up an entire new world of opportunities for your products and services.
To meet the demands of the global marketplace, you must move beyond your current borders to open offices and assign managers to various locations around the world.
Your expanding global markets demand that you develop strategies and resources to exploit the opportunities to open stores, create ad campaigns, and utilize local resources to remain competitive. Departments need to diversify to meet the needs of various cultures, languages, market demands and available resources.
Mergers To meet the various demands, your company may need to consider alliances and mergers with other global companies. Acquisitions and joint ventures can help solidify your position in other countries.
The addition of new divisions within your organization call for leadership changes as well as internal cultural adjustments. For example, while your employees may have become accustomed to working only set daytime hours, you may have to institute a culture of flexibility that calls for varied schedules to maintain relationships through different time zones.
Management Management of a global workforce requires developing new skills and maintaining clear communications within each new division.
Resources must be managed differently, often requiring new skill sets and additional personnel in various departments. Shifts in priorities may reduce the need for select in-house staff, while mergers may create redundancies within your organization. Human resource managers must develop skills to institute new hiring techniques, employee benefits and pay scales.
Your organization must revisit your corporate philanthropy policies to include global community projects and funding of events in key locations not previously on your radar.Every organization goes through major or minor changes from time to time.
When such employee transition plan template happen within a company, there are a lot of things that change. Rather than imposing one organization’s culture on the other, the best of both organizations should be integrated into a common corporate culture that both sides can identify with.
The global nursing shortage has accelerated efforts to ensure a smooth and effective transition of new graduate nurses into the workplace. Transition programs have emerged internationally to facilitate new The study would benefit each of their organization's NG transition programs in providing.
Your organization has made the transition into the global community and has been operating for one month. Discuss the two major risks of using international strategies.
. Sizing up the organization involves asking yourself what specific things need to happen—for example, a jump in market share, divestment of units, or expansion into different markets—for the.
An MNE may evolve into a global organization as operations in various countries become more integrated. Another example of making the transition from MNE to global organization involves Ford Motor Co.
in the early s.