EXECUTIVE
SUMMARY
With the continuing growth of globalization, the
companies need to pay carefully attention to selecting and managing people who
may become their “Global manager”. The best way to archive this is by coming up
with clear concept what constitute such a manager. But the examination of wide
set of possible characteristics indicates
there seems to be not distinct set of such individual qualities. So there is no
consistent way to point out. What global manager is. What we are left with is
search for good “conventional” manager with global mindset who could succeed in
the international market.
Introduction
of Globalization
T. Levitt
(May 1983) It refer to the shift toward the more integrated and interdependent
world economy. Globalizations have several facts including globalization of
market and globalization of production.
Globalization of Market
It
refer to the historical distinct and separate national market into one huge
global marketplace falling barrier to cross-trade have made it easier to sell
internationally. It has been made sometime that trusted and preference of
consumer in different nations are beginning to coverage some global norm, which
helping to create global market. Consumer product such as Credit-card,
Coca-cola soft drink and Starbucks coffee.
Globalization of Product
B.Womark
(4 Sep 2004) It refer to sourcing of goods and service from location around the
globe to take advantage of national difference in the cost of quality of factor
of production (such as labor energy, land and capital) company hope to lower
cost structure or improve quality or functionality of product offering, then to
complete more effectively. For example global web activity of Vizio an American
company with 75 employee become one of largest marketed of Flat Panel TV in
U.K. in just four year by coordinating a global web of activity and bringing
together component manufactured in south Corea, China and U.S. arranged for
their assembly in Maxico then selling in U.K.
Introduction of Global Manager
Christopher A. Bartlett (1 August 2003),
Driven by ideology, religion, and mistrust, the world seems more fragmented
than at any time since, arguably, World War II. But however deep the political
divisions, business operations continue to span the globe, and executives still
have to figure out how to run them efficiently and well.
In "What Is
a Global Manager?" (first published in September/October 1992), business
professors Christopher Bartlett and Sumantra Ghoshal lay out a model for a
management structure that balances the local, regional, and global demands
placed on companies operating across the world's many borders. In the volatile
world of transnational corporations, there is no such thing as a
"universal" global manager, the authors say. Rather, there are three
groups of specialists: business managers, country managers, and functional
managers. And there are the top executives at corporate headquarters who manage
the complex interactions between the three--and can identify and develop the
talented executives that a successful transnational requires. This kind of
organizational structure characterizes a transnational rather than an old-line
multinational, international, or global company.
Transnationals integrate assets, resources,
and diverse people in operating units around the world. Through a flexible
management process, in which business, country, and functional managers form a
triad of different perspectives that balance one another, transnational
companies can build three strategic capabilities: global-scale efficiency and
competitiveness; national-level responsiveness and flexibility; and
cross-market capacity to leverage learning on a worldwide basis. Through a
close look at the successful careers of Leif Johansson of Electrolux, Howard
Gottlieb of NEC, and Wahib Zaki of Procter & Gamble, the authors illustrate
the skills that each managerial specialist requires.
Introduction of Manager
Manager is
a person who responsible for the work performance in group members. Manager
hold the formal authority of committed of organization resources, even if
approval of other is required .
The
concept of management and manager are interdependent. The term management in
the book refer to the process of using organization resources to achieve
organization objective through the function of manager is planning, organizing,
staffing, leading, and controlling.
Roles of Managers
Henri
Mintzberg had identified role of manager as below.
Interpersonal Roles
The manager
can coordinate and interact with employee. It provide direction and
instruction. Manager play role of
figurehead leader and lessoning. As Figurehead, manager performers ceremonial
and symbolic activity for organization. Managers role to motivate their
subordinate.
Informational Roles
This
roles relate the necessary obtain and transmit information from inside and
outside. The manager acting as disseminator. The manager transmits the information
to other members of organization. This information is used to influence their
attitude and behavior all play role like spokesperson. Manager access the information to promote the
organization.
Decisional Roles
It is very important role of manager in the
organization. The manager can be take decision in many time. The manager is
plan to use strategy. It is effective use of the organizational resources.
OBJECTIVE OF REPORTS
·
To learn the globalization work in
the world.
·
To achievement of managers in
global market.
·
To find out Global managers are
Myth or Reality.
·
To find out which problem occurred
to manager in global world.
·
To summaries the globalization
phenomenon..
·
To find out the different between
global manager and local manager.
·
To rectified the challenges of
Global managers in the global market.
The Global Manager Myth or Reality
According to Eric Matson (30 April 1997)
Myth #1
Global managers are an elite core of specialists at the top
of the company.
Reality:
Smart companies recognize that midlevel people should go
global.
"Overseas operations used to be thought of as
appendages or subsidiaries to help increase sales; now they're part of a
network for accessing knowledge and human capital around the world. Employees in
the Tokyo office might know something about product development that you don't,
and you need them for that knowledge -- not just for additional sales. To be a
valuable employee, you need to be exposed to all aspects of your company's
operations, foreign as well as domestic."
Myth #2
To get global exposure, you need to work overseas.
Reality:
Sometimes it's better to join a U.S.-based team that's
integrating global operations.
"This might be the wrong time to take a position
overseas. Companies like Procter & Gamble, which expanded globally in the
1960s and '70s, are now trying to build on entrepreneurial subsidiaries through
better integration and coordination. If that case is similar to your company's,
it may be better to find your way onto one of those coordinating committees
rather than work in a subsidiary. There are many ways to get international
experience without taking a three-year posting."
Myth #3
Networking with the expatriate community is critical.
Reality:
Networking with the locals is critical. Networking with the
local expat community is for your family.
"You take an overseas assignment to grow your skills,
expand your network, increase your credibility. If you're working in Malaysia,
it's critical that you build relationships with Malaysian buyers and suppliers.
These are the relationships that will help you succeed. You can't get an
understanding of the country if you're locked behind the iron gates of an
expatriate ghetto."
Myth #4
You shouldn't take an overseas assignment until you have enough
seniority to make a difference.
Reality:
The sooner you go the better.
"Go when you're young, when you can build networks that
stay with you for the rest of your life. And when you return, measure success
by asking these questions: Have I added skills to my portfolio? Have I built
new relationships? Have I increased my credibility within the company? Those
are the critical things you need to get out of any foreign assignment."
Myth#5
Women do not want Global Manager
“In a studding surveyed more than thousand graduating MBAs
from several top management school in United States, Canada and Europe (Adler,
1984) the results revealed an overwhelming case of no significant differences:
female and male MBA’s display equal interest in pursuing international career.
Therefore, this myth is not true.”
Reality#5
Today woman also play role as global manager.
“In the global world many woman also have CEO of the
companies. In world woman also take responsibility of global manager. She can
also handle businesses in global world. They can very well face the challenges
in global completion and change in market condition.
According to Me - Global Manager is
Reality
The Global Manager is Reality. It
is not Myth. Because the today’s world is global world. The world is much
closed trough Technology. In the global world the corporate sector is running
very fast. It is very important for every industry to growth their business in
global world. The entire supply chain depends upon the globalization and
cooperation and coordination of the different offices which are situated in the
different countries. The person who handle the relation between
Different countries offices of same
industry are called Global Manager. The global manager is maintaining the
supply chain of production or sales. Global manager can play the important role
in the growth of industry in different countries or in the world.
Literature Review
T.Levvit Theory of Globalization (1983)
According
to the T.Levvit Globalization means shift toward the more integrated and
interdependent world economy. He had explained about the Global Marketing and
Global Product. The market place is crossed the trade border of the nations. it
can sell the product in international market. The consumer of countries is
given the preference to the product of another nation. At that time it was
beginning of global market. In the global product to take the advantages in
national differences of cost and quality or factor of production. Companies
hope to lower cost structure or improve quality or functionality of product.
My view about Globalization-
The levvit also telling about
globalization particular the mainly depends on the global market and global
product. I am also agreed to the levvit theory of the globalization. In
globalization it is very important to get more demand of our industrial product
in the world. In global market to reduce the cost and increase the efficiency
of product is the main aim of business to earn profit.
Personal Challenges for Global Manager – Richard L. Daft (2006)
When
managing in foreign countries, they need for personal learning and growth is
critical. If the manager is culturally flexible, easily adapt to new situation
and way for doing things. A tendency to be electronic, to believe that own
cultural value. For example Dutch have learned English and French, German to
interact with them for take place in global economy. Most managers faced the
problem in foreign assignment of homesickness, loneliness, and cultural shock
like frustration, unfamiliar, and anxiety about what to do and how to do. In
foreign country Culture will completely different in language, foods, values,
benefits and way of doing thing. Manager in foreign country may have cope with
political issue, government corruption, threats of violence and other
contextual factor without any kind of support system.
My view about Personal Challenges of Global Manager
The global
manager also faced many problems in the global world to run their business.
The managers have many challenges in working in
global market. Ti has be challenges from different culture of the country,
language, foods, values and also changes in lifestyle. It is very important to
the global manager to have capacity to learn in new situation and
understanding.
Traits of Global Manager – V. A. Avadhani (2004)
The
traits of global manager are different factors. First is rapidly change in the
world he will informed and highly conversant in the core operation of company.
Change in rule and competition then managers have also changed their
competitive knowledge. In decision making manager seeks various alternative
site and location – where the row material are located, where the market exist,
what are the cost efficient methods relating to the input and output. The
global manager has to inform of the law and regulation, social and political
system, habits and custom and totality of the economic forces, operating in all
countries in which he operating.
My view about Traits of Global manager
In
globalization manager have faced many traits. The managers have traits from the
change in the global market instantly. Also change in the rules and regulation
of government policies. It has trait from the changing or different market
competition in globalization. The main trait to the manager from the
information, which getting through the different places may have many
circumstances.
Magazines Review
Growth of Globalization in India and China – Andre Buckley - Time Magazine
Twenty
years ago there are 7000 MNCs. Today’s figure is 35000. Out of 500 MNC’s 200
are already existed in India. 300 are operating in China. China has better
economic growth, stable political system and favorable government policy toward
the foreign investment. Indians tax structure is not free for foreign investment.
India not give exist policy for the labor.
My View-
In short according to me China is very liberal
and generous to foreign investment. Unlikely India, which explain large foreign
investment but actually need it. Not stable government policy and tax structure
are responsible for India lost 100 MNC’s.
Journal Review
Global
managers' career competencies- Career Development International (2008)
The aim of this
study is therefore to increase our understanding of this under-researched group
of global manager whose responsibility is to act as worldwide coordinators.
Specifically, the study examines the career competencies that guide individuals
being a global manager. We focus on career competencies as previous IHRM
studies have argued that understanding the nature of working internationally
can be well captured by the career issues it raises ([52] Peltonen, 1997; [70]
Suutari, 2003). guiding individuals towards career opportunities in which these
competencies are valued ([23] DeFillippi and Arthur, 1994).
My
view – According to me the journal is
describing about the competencies in the global market to the global manager.
The today’s world is global world and managers have many competitions to the
manager about their product. without facing the competition the global manager
not successful in foreign assignmen
Global Manager - Mumbai: Financial Express (1st
April 2004)
The profile of a global manager is not just looking at the
global market but also the domestic market. And the ingredients which make a
global manager are simple basics which are imbibed into us but lose their
prominence. Awareness, exposure, comprehension, conviction and maturity are the
qualities which make the global managers of today, said corporate. At the other
end of the spectrum, management institutions need to constantly upgrade their
knowledge and be sensitive to the changing environment to help create global
managers.
My view on Global Manager
According
to me the above journal have describe about the concept of global manager. The
global managers have working in local market and also in global market. It have
some capability and ability to handle the global business. Some business
institutions increase their knowledge.
Internet Reviews
Allan Ragman – Theory of Globalization
Allan ragman is believe globalization system in which walls between countries, markets
and disciplines are increasingly being blown away constitutes a fundamentally
new state of affairs and understand it and explain it is
by arbitraging all six dimensions laid out above - assigning different weights
to different perspectives at different times in different situations, but always
understanding that it is the interaction of all of them together that is really
the defining feature of international relations today. And therefore being a
globalist is the only way to systematically connect the dots, see the system of
globalization and thereby order the chaos."My Review –
According to me Allan ragman is define the theory of the globalization. In this theory he explained about the relation with many countries in world. Global relation between different countries about different industries is very important for take global market place in global market for your product.
(www.negotioation /globalization.com)
Globalization
Phenomenon
Jessop (1994), by
defining a phenomenon many variable in such short time frame, they give a name
and pride of place to something that cannot be analyzed. What causes
globalization? When globalization include both the integration global market
and regionalist to such integration the fall of saviet union and various change
in family and emotional life(Giddens),all part of super complex series of
multicentric, multiscalar, multitemporal, multiform and multicasual
processes”(Jessop), we might as well as “globalization is whatever happens to
be happening today”, and forget about analyses.
Gerrifi, like Dicken in his less
expansive moments, defines is as the integration of product across borders”,
rather than “globalization”. Deniele Archibugi and Jonathan Michie (1995),
discuss different ways in which technology development and dissemination can be
globalized. But the in which technological development is globalized, if so is
happens to be, can be more clearly discussed assuming it is part of some
all-encompassing process called globalization.
If you wanted to speak of multifeted
“globalization” as long run phenomenon, that would make sense. Over centuries,
people in different part in the world have become more interdependent and more
closely connected in many different ways, due to ongoing improvement in distance-shirking
technologies, and to changes in governance, markets, and commercial
organization which make those technologies.
The trouble is using term to deall with short-term changes-changes
on scale of few decade – is that in the short run there is no reason to except
the different element of globalization package to move forward together.
Distance-shrinking technologies and their application keep moved ahead, but in
certain important aspect of connectedness and interdependence- trade and
investment, for instance – have been known to shift abruptly into reverse for
several for several decades.
Recommendation
According to me Concept of the Global Manager is Reality. It very
important for global manager to work in different countries. Global manager
have well understanding for new condition. Global manager is able to handle the
situation of different countries. It has capability to work in different market
and different situation. To given training to managers for work in global
world. To required the knowledge of different languages to manager in global
world. The industries have also organized seminars and campus for managers to
work in global market.
Global manager have ability to learn
in new condition. The global manager have also involve in different global
activities which happened in corporate world. The global manager have ability
plan for increase lifestyle of people in world.
CONCLUSION
At the end of report it is the final view on the report which
presented through report maker. In this report the final view on the Global
Manager Myth or Reality. According
to me the Global Manager is Reality. If you are focus on the different view of
the different authors, they are all given majority to the globalization of
business. The today’s businesses are expanded in entire world. So it very
important to maintained the business in world. This expanded business should
running through the global managers. Many international banks are working
different countries but headquarter is in one country. The overall process of
banking is done through single server which is situated in headquarter. And
this whole process is done global manager. He is only person who understand
different policies of countries about bank and their rate of interest and then
applied to the countries. The
multinational companies also work under the global managers. When a manager is
working in different countries they have facing many challenges. Challenges
about different culture, value, lifestyle. And many traits to the manager in
global world to run their business. It has to consider the changing global
market.
BIBLIOGRAPHY
Books
1)
B.womark (4 Sep 2007), “Hits in
Million Scale”, PN 164.
2) D. Pritchard (2004), “Federal Management Tax Laws”.
3) Eric Matson (30 April 1997), “Managing Across Border”, Prentice Hall
Publication.
4) Harward V. Permulter (1969), “The Tortuous Evaluation of
Multinational Corporation”, PN 9-18.
5) Jessop (1994), “International Business Management”, PN 223.
6) Richard L. Daft (2006), “New Era of Management”, PN 142.
7) T. Levvit (May, 1983), “The Globalization of Market”, PN 92-102.
8) V. A. Avadhani (2004), “Global Business”, 2nd Edition,
Himalaya Publication House.
Magazine
1)
Andre Buckley, “International
Capital Budgeting”, Time Magazine PN 138.
Journal
2)
Financial Express,(2004),
“Global Manager”
3)
Chirstopher A. Batlett(1 Aug
2003), “Hardwar Business Review”.
Internet
(www.negotiontion/globalization.com)
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