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Developing a Global Management

Shumaila Husain-03Ishan Sankhe-100Tanvi Mhatre-118

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Walk Through

Global Management The Domestic Management v/s The

Global Management The Key Issues which a Globalizing Firm

has to tackle Reasons For Shift In Global

Management Global Mindset Global Competencies Methods or strategies to develop global

management The Broad Organisational Framework

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Global Management

Global organisations look upon thewhole world as their own businessterritory

They choose most attractive places forbusiness on the geographical map

Manufacture the products on

economies of scale and market themworldwide

Role of a global Manager-risk taking

leader - managers and are market

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The Domestic Management vsThe Global Management

Domesticmanagement

Global management

Generalperspective

Functionalspecialized

Cross functional Cross-cultural Enabling boundary

less organizations

Organizationallife

Forces areprioritized

Conflict is eliminated Hierarchy is trusted

Contradictions arebalanced

Conflict is leveragedas an opportunity

Networkedprocesses aretrusted

Global objectivesare supported

Influence,

persuasion, andpresentation skills

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omes c anagemen o a anagemen

Work style Personal self-awareness primary

Individual masteryprimary

Cultural, personal self-and other awareness

Networked collaboration Teamwork primary

Managing in a globalmatrix Effective use of

communicationtechnologies

View of change Surprises are avoided Change is seen as

threat

Change is expected,valued and activelyenabled.

Change is seen as Opportunity personal growth

Learning Specific knowledge andskills are mastered

Training is value

Broad-based lifelonglearning is engaged.

Education and learningare valued

Global learning is keysuccess factor

Responsible for careerdevelo ment

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The key issues which a globalizing firm

has to tackle

Access to open markets Demanding customers

Sustained performance improvement

Need for rapid, flexible decision makingand communication

Constant growth in technologicalinnovation

Critical importance of relationshipmanagement

Diversity and complexity

Managing regulatory and social

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Reasons For Shift In GlobalManagement

Global scale efficiency and competitiveness. National level responsiveness and flexibility Cross market capacity to leverage learning on

worldwide basisThe special characteristics, which mark the firm

as a global company include: An integrated network that shares values and

decision making and a free flow of resources,products, processes and information amongst itsindependent units.

Managers use 'co-option' to develop consensus. Eachemployee is enabled to understand, share andinternalize the company's values, purpose and keystrategies.

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Global Mindset In a global organisation an essential pre-requisite

to function as effective global manager is todevelop a global mind set.

Basically a global mind set implies thinking of 'bigpicture'

A manager with global mind set adopts broadergoals beyond local interests.

A global perspective of business. It is about being able to think resourcefully and

independently of ones own culture. Global mindset is a behaviour transformation does

not happen overnight

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Global Competencies

Connecting resources, innovational and entrepreneurship.

Ability to manage complexity

Managing change and diversity

Learning

Networking

Team Management

Talent Management

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Managing cross-cultural issues

Effective communication

Self-management

Predictive Skills

Emotional Intelligence.

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Strategies to develop globalmanagement

Varied job experience

International business travel

Multi-cultural team work Contacts with Executive Role Models

Global account management

Expatriate assignments

Global business responsibility

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Characteristics of Organizational Frameworkemerging out of effective global

management

People exhibit enthusiasm for processmanagement

Play leadership roles in process efforts.

These People Include:

Senior executive team

Skilled executives

Employees

Performers

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Senior Member Executives Leverage Strategic Planning

Employees: Focus is on meeting Customer Needs

Recognize the importance of Change

Skilled Executives

Performers: Know the importance of their work

Look for Improvements in processes

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