Question

The role of the manager in a global enterprise includes the ability to adapt to the political, legal, and cultural nuances of a global environment. As the global enterprise environment continues to evolve, managers must be familiar with how to recognize impending changes in order to align the organization to meet global management and competitive challenges. Further, as obstacles arise, managers in the global integrated enterprise must be adept at creating viable, global organizational cultures that meet the needs of their company and workforce. In this assignment, you will consider the competencies, mindset, strategies, and obstacles to overcome for effective global management.

Discuss the relationship between competencies, mindset, and management strategies in relation to overcoming obstacles for effective management in the global integrated enterprise. Include the following in your paper:

1. A discussion of competencies required for effective global management.
2. A discussion of the management mindset required for effective global management.
3. A discussion of the primary strategies utilized for effective global management.
4. A discussion of the obstacles to overcome for effective global management.
5. A discussion that synthesizes management competencies, mindset, and strategies in relation to overcoming obstacles for effective global management.

Answer 1

Managers need and benefit from a logical model to guide execution decisions and actions. Without guidelines, execution becomes a labyrinth. Business strategy is essential to the successful execution of corporate strategy. Poor strategic performance at the business level detracts from corporate’s ability to achieve its strategic aims, while good performance helps make corporate strategy work.

Managers cannot create coordination mechanisms or integrate strategic and short-term operating objectives if job responsibilities and accountability are unclear. Clarifying responsibility and accountability is vital to make any strategy work. Also, managers must balance meeting goals, managing workloads and motivating employees. These issues, coupled with the fact that many managers are ill-equipped to provide regular and constructive feedback and may not understand the importance of documenting performance, can make managing performance challenging.

Of course, effective performance management is more than just creating a work environment that works. Effective performance management is about leadership, interpersonal relationships, constructive feedback, and teamwork.

Global effective management brings several benefits for the firm. It helps in achieving the organization goals through production arrangements and directing everyone’s focus on achieving the desired goals and targets. Also, it participates in utilizing the resources in the best way possible which includes both human resources and products, taking the best out of people and minimizing the waste. Cost control by using proper planning to minimize inputs and maximize the outputs is also one of the benefits of a global effective management.

Proper flobal effective management simplify all difficulties by waste reduction and good planning to advance the living standards. It also expands the benefit which is useful to business and society by achieving maximum outputs at the least cost through creating work openings that produce income.

Being an effective global leader means having the willingness and ability to thrive outside of our habitual comfort zones. Global businesses have operations, partners, alliances and senior managers representing virtually every global region. Many have more than one “headquarters,” signaling the diversity of their thinking and perspective.

There are certain set of competencies for an effective global manager which includes

• culture awareness and sensitivity : A manager must have an intense interest in the lives and cultures of others to master the global business arena.
• developing and maintaining harmonious relationships,
• global mindset or perspectives,
• knowledge and skills
• learning from experiences : Managers must have the ability to perceive and use the qualities of individual workers to properly pick up on their strength and weakness and utilize those special qualities in a way that is helpful to the company.
• excellent communication and
• traits or attitudes

The globalization of business continues to challenge the ability of any manager to operate effectively across countries and cultures, which is why a global mindset is an essential professional trait for any business. There are certain set of the management mindset required for effective global management. The acquisition of a true global mindset enables leadership effectiveness in a global capacity. The cultural and business complexity increases parallel to the demand for a global mindset.

A management mindset not only help to recognize when it is beneficial to create a consistent global standard, but also deepen the understanding of local and cultural differences, crossing cultures and changing contexts. It helps to simultaneously recognize the situations in which demands from both global and local elements are compelling, while combining an openness to and awareness of diversity across cultures and markets with a willingness and ability to synthesize across this diversity.

One of the basic decisions in global strategy begins by considering just how much local variation, if any, there might be for a brand. The primary strategy is to effectively utilize the corporate management resources, such as personnel and technology, in accordance with external environmental factors such as competition and customer needs.

A firm using a strategy to provide the responsiveness to local requirements within each of its markets in favor of emphasizing efficiency. Some minor modifications to products and services may be made in various markets, but a global strategy stresses the need to gain economies of scale by offering essentially the same products or services in each market.

Effectivde Global Management can usefully be considered from the perspective of the different functions of the organisation: marketing, operations (often called production), human resources, finance and other support activities like research and development and legal issues. Effective Global Management is mainly concerned with the techniques and practices that are involved in directing and controlling international organisations.