A Successful International Business Manager Essay - 707 Words

A Multinational Manager Every corporation has to look out for itself and protect the investments of it’s owners and shareholders while fulfilling the mission and goals of the corporation. To achieve success a corporation typically employs managers. This is all fine and normal until the corporation decides to become a Multinational Corporation. Keeping control becomes a worrisome and arduous task. If the now multinational corporation chooses the wrong manager with the wrong set of skills difficulties are sure to plague the organization. It is critical that any corporation but especially a multinational corporation looking to be successful, competitive and possibly an industry leader have the right manager for the job. A successful international business manager comes from a very deliberate schooling According to Gail Cohen’s article â€Å"Characteristics of a Multinational Manager†, multinational managers speak the language. Imagine trying to have daily conversations with potential business partners, clients or even employees without being able to speak the language. Having command of the local dialect goes a long ways towards establishing trust and respect. Multinational corporate managers should be â€Å"masters of their jobs† (Gail Cohen). Managers should be given time and training to become experts in their job and develop the corporate loyalty that is critical to leaders in a multinational corporation where expatriated workers are away from the comforts of home and theShow MoreRelatedThe Qualities of a Successful International Leader Essay614 Words   |  3 PagesIt can be concluded that a manager who works in an international company or in an international environm ent needs a variety of key qualities to be successful as an international leader. In general a manager needs to have good leadership skills, which allow him to gain trust, give direction, and delegate responsibility amongst his staff. Furthermore, good leadership skills include knowing when the employees require additional development and how to ensure that those developmental opportunities areRead MoreThe Challenges Of International Management1195 Words   |  5 PagesInternational management is defined as the practice of business operations in multiple countries. To be involved in international management professionals must be familiar with many different types of language, culture, economies, and environments. One of the main goals of international management is to link businesses globally and make a profit, while being able to connect various cultures. There are many challenges brought about in the field of international management. One of the biggest challengesRead MoreGlobal Management Skills779 Words   |  4 PagesMINA MANAGEMENT INSTITUTE SHARING THE VISION OF EXCELLENCE GLOBAL MANAGEMENT SKILLS The collapse of international economic boundaries, rapid changes, workforce mobility and diversity, and the economic interdependence of countries is what is popularly known as Globalisation. This phenomena poses difficult challenges to everyone especially mangers to reassess their capabilities and get ready to manage internationally. The need arises from the fact that traditional management skills are designedRead More Marketing Strategy Implementation in Higher Education854 Words   |  4 Pagesreview addressed the strategic implementation of marketing initiatives within international higher education entities (Naidoo Woo, 2011). This article was of particular interest to me due to its specific focus on marketing within higher education entities (HEI’s). The authors focused their research on 10 universities which recruit international students; specifically, on 570 questionnaires from mid-level marketing managers responsible for strategic implementation of marketing initi atives. (NaidooRead MoreGlobal Business Challenges Of New Zealand Essay1112 Words   |  5 PagesGlobal Business Challenges Businesses competing in New Zealand and in the global arena, have to face many challenges in order to be successful. There is a vast range of challenges that businesses have to face which are considered, the major business challenges. These challenges can be faced by firms operating in New Zealand and firms that are operating on a global scale. Listed are some of these challenges. Business challenges: †¢ Cultural Sensitivity †¢ Environmental Sustainability †¢ GlobalisationRead MoreEssay on Project Management1464 Words   |  6 PagesProject Management Project management is an essential part of the work environment and its purpose within business, academic backgrounds and research are crucial to the development of solutions and products that enable a company to be successful. The idea of project management is quite simple; a group of people are detached from the company and given a goal to focus their efforts on. The size of the group is entirely dependant on the size of the company. When looking to put together a projectRead MoreGlobal Operations Management1015 Words   |  5 PagesManagement Abstract The world offers significant business opportunities for every company, however, opportunities are accompanied by significant challenges for managers. Managing global operations across diverse cultures and markets represents a big challenge and opportunity for companies. To compete in the global market and be successful, companies must learn the strategies, policies, norms and technology necessary to conduct international business. The opportunities for global expansion are numerousRead MoreMultinational Companies: Culture Difference in Organizations1250 Words   |  5 Pagesas it can lead to be a failure of the business .It is very importance to have a close study of what cultural differences a company has to work on to make the business successful. It has also been seen that the companies ignoring this has suffered heavy losses as well the biggest Example been the failure of the Disney land in France as the culture was ignored .we will be further looking in to how culture plays a vital role in making an organisation successful . Culture directly or indirectly has theRead MoreCritical Analysis of Lincoln Electric1423 Words   |  6 Pagesand performance in all arenas, domestic and global. The focus of this case revolves around Lincoln Electric, an Ohio based company that has set the bar for how to develop and implement a successful management system. This paper will use the Lincoln Electric case analysis to present recommendations on how managers can use control methods to enhance employee performance, increase employee participation and empowerment, and improve organizational quality in all areas. Lincoln Electric, a manufacturerRead MoreImpact Of Csr On Human Rights Abuses Essay1635 Words   |  7 Pagesindustry, which presents evidence of effective CSR implementation due to the threefold cooperation of brands, factory managers, and employers. I then bring forth Milton Friedman’s attack on the entire notion of CSR as an illegitimate imposition against businesses. I contend that successful CSR implementation requires trilateral engagement of multinational corporations, factory managers, employees complimented with an overarching, but limited state regulation. CSR is a voluntary commitment by businesses