StudentShare solutions
Triangle menu

International Management Master - Assignment Example

Not dowloaded yet

Extract of sample
International Management Master

Morgan Chase, Allstate, Prudential, Dell, Cisco, Microsoft and Motorola have all adopted it in some form as they shift their managerial frames of reference toward the requirements of the global-network era. Companies would do well, the Oddou (1999) advises, to think rationally - not emotionally - about off shoring's relevant issues: What are their core competencies What form of governance is optimal How will work will be distributed and integrated to the new staff and how well they can get settles with the new environment
Since outsourcing contracts often last for five or more years, corporate officers responsible for selecting the manager with whom they wind up going down the legal path often compare the pact to that of a marriage. The reason is that trust is as important to an outsourcing manager as it is to a spouse. But before an outsourcing relationship reaches that point, many outsourcing managers note that they wind up going through a systematic process of gathering intelligence about their possible partners, and often about themselves.
Manager or staff selection first involves self-assessment. Before even undertaking the manager's selection, a corporation should determine whether it needs to outsource in the first place. A company must assess the raw economics of a project, says Howard Rubin, executive vice president with the Meta Group Inc., which advises corporations on outsourcing. It also must weigh the fixed costs of moving production or a task to an outsourcing vendor, as well as the variable ones, he notes.
Once that's done, a strategic accounting must be completed. "If your business is building bridges, you don't want to worry about maintaining and painting the ones you've already built," Rubin says. Those are things you outsource if it takes away from your core business focus.

It's not unusual for a company to decide not to outsource. One outsourcing officer of a major industrial company based in the Midwest says half the time his company examines an outsourcing request from a business unit, no outsourcing assignment winds up being made.
There are numerous reasons for that, including fear about intellectual assets losing their protection once outside the corporate cocoon. "With IP (intellectual property), once you move outside, you're at risk of losing it," says one outsourcing manager in the Midwest.
That's why trust becomes so important when selecting a Manager. It must be someone who can respect proprietary information. Trust, of course, must be earned. It's somewhat intangible, and generally doesn't emerge until hard fact-finding is completed.
The Midwestern outsourcing manager says when an entire assignment is considered, and staffs needs to be selected, as many as 25 people can be working on a prospective mandate at his company.
In hiring managers from another country or culture there are three aspects to be considered, what codifiability, standardizability and modularizability. Codifiability refers to the extent to which the activities in an occupation can be described completely in a set of ...Show more

Summary

Offshoring or hiring staff or managers from different country or working as a manager in some other country is increasingly common practice among U.S. and European companies. They migrate business processes overseas to India, the Philippines, Ireland, China and elsewhere, and are often seen as a negative phenomenon that suppresses domestic job markets…
Author : svolkman
International Management Master Assignment essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"International Management Master Assignment"
with a personal 20% discount.
Grab the best paper

Related Essays

Strategic Management Master Assignment
Any trans-national company has 'to blend and balance host-country-specific advantages (CSAs) with firm-specific-advantages' (FSAs)1. Strategic planning helps in formulating the business approach to a context. As shown in figures 1 and 2, it is seen that the strategy stems out of the context which influences the strategy and the actions that lead to a solution on the strategy and finally, provides the results which in turn leads to altering the context.
8 pages (2000 words) Assignment
International Marketing Management Master Assignment
Towards that end, the report examined the globalization strategies that underpinned the success of trail-blazing companies as chronicled in the literature, with particular attention given to marketing plans devoted to the youth market and to breaking the social and cultural barriers that often get in the way of such plans.
10 pages (2500 words) Assignment
International Management Assignment
Starting out as an explosives company in 1802, focus shifted to chemicals, materials and energy within the next 100 years so that DuPont today delivers science-based solutions in the food and nutrition, health care, apparel, safety and security, construction, electronics and transportation with an annual revenue of $26.6 billion for 2005 alone, employing about 60,000 people worldwide.
8 pages (2000 words) Assignment
Project Management Master Assignment
Project Management is a methodology and a discipline which can bring significant benefits to organizations. It ensures that limited resources are used on the right projects; manages complex changes in an organized way; assesses risks, defines goals and key success area and sets quality objectives.
6 pages (1500 words) Assignment
Management Accounting Master Assignment
The situation stems from a lack of focused effort on operating efficiency systems and an emphasis on outdated reporting techniques which negatively impact decision making. I believe we are poised to gain competitive advantage from our recent organizational restructuring and having worked closely with our units in Europe and in the UK.
8 pages (2000 words) Assignment
Strategic Human Resource Management Master Assignment
Corporate strategy in effect maps out the businesses in which an organisation intends to compete in a way that focuses resources to convert distinctive capabilities into competitive advantage. (Andrews, 1997). The definition of corporate strategies emphasises the need for the organisation to satisfy the needs of all the stakeholders if the organisation is to achieve is overall objective of maximising shareholder value.
7 pages (1750 words) Assignment
Marketing Management Master Assignment
They are inclined to sell more and the characteristics of the clients who will be buying these boats are also expected to be different. There is a larger number of competitors who vie for the orders from these customers. The customers are also price conscious and many times they do not wait for a longer period to pick up the boat.
12 pages (3000 words) Assignment
Personnel Management Master Assignment
Initially flexibilities were perceived as theoretical contrary to organisations behaviour which revolve around problem solving rather than theories. Workforce flexibility is a key element to organisations which wish to pursue a human resource approach to the employment relations.
6 pages (1500 words) Assignment
Human Resource Management Master Assignment
Obviously if they are busy professionals, it would be a wastage of time for them to visit the organisation in such circumstances. And if suppose they make visits and during an interview, they are faced to a critical situation where their expectations exceeds during the recruitment process, how much that organisation would be going to compensate that candidate.
8 pages (2000 words) Assignment
International Marketing Master Assignment
Our first step in doing the whole process is to do an analysis of PEST Factors. If we consider the backdrop of political scenario in the countries of Hong Kong, Japan and South Korea, the following issues are highlighted. Japan has a constitutional monarchy and where the emperor powers are limited.
6 pages (1500 words) Assignment
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation