Global Management
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Adoption of strategies does not guarantee business survival in the world’s digital economies, but using the right business model in a particular market environment is the key. Customer relationship in business-to-business (B2B) e-commerce has changed paradigms from the 4Ps of marketing to relationship marketing. New customer relationship management (CRM) paradigms promote strategic alliance, social relations,…
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Governments seek to encourage FDI for a variety of reasons. On occasion, though, the process can cross the lines of ethics and legality. In November 2010, seven global companies paid the US Justice Department “a combined $236 million in fines to settle allegations that they or their contractors bribed foreign officials to smooth the way…
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Many governments encourage FDI in their countries as a way to create jobs, expand local technical knowledge, and increase their overall economic standards. Countries like Hong Kong and Singapore long ago realized that both global trade and FDI would help them grow exponentially and improve the standard of living for their citizens. As a result,…
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This week, the chief executives of U.S. automakers Ford and General Motors (GM) said that to counter Chinese rivals moving into the U.S. and European markets, they are open to working together to cut electric vehicle (EV) technology costs. At a conference sponsored by Wolfe Research, GM CEO Mary Barra told investors, “If there are…
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Importance of Creating Sustainable Businesses Increased investment in sustainable business practices can boost a company’s profitability. According to Liang et al (2018), evidenced-based studies show that the most sustainable companies are also the most popular, competitive and profitable brands. But there are numerous examples of companies competing at the top despite their historical records of…
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THEORETICAL ANALYSIS OF KEY SUSTAINABILITY CONCERNS IN A CIRCULAR ECONOMY The Triple Bottom Line (TBL) John Elkington designed the Triple Bottom Line (TBL) theory in 1994 to link sustainable business with the three “Ps” (i.e. people, planet and profit). In a volatile business world where inequality, poverty and climate change have taken the lead, Elkington…
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2.2 Fielder’s Contingency Model Having confirmed the effectiveness and shortcomings of the SWOT analysis on Ryanair’s managerial problems, it becomes necessary to test how Fielder’s Contingency Model on leadership-staff relationships can transform business. Fielder’s Contingency theory concentrates on leadership, with the opinion that an organization’s success depends most on managers’ leadership style, relationship with subordinates,…
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1. Background of Netflix 1.1. Overall Overview of Netflix Company’s Name Netflix, Inc. Company’s Former Names Kibble CEO Reed Hastings, Ted Sarandos (co-CEO) Company Type Public Year Founded 1997 Number of Employees 8600 (2019) Annual Revenue US$ 20.15 billion Founder Reed Hastings, Marc Randolph Area Served Worldwide (excluding North Korea, Mainland China, Syria, Crimea) Headquarters…
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Environmentalists’ traditional role is to hold governments and corporations accountable and to inform, motivate and engage the broader public of the dangers posed by government inaction or corporate malfeasance. And our relationships with both government and business have often been uneasy. On the government side, pro-environment leaders come and go. Some have passed forward leaning…
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Groucho Marx once said, “I’d never join any organization that would invite me to be a member.” Well, we’d want Groucho in our organization, and (if he were alive) we think we might get him to join. That’s because we want members from all sectors of the community. And that’s what this section is about.…
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As PC sales have declined, Intel has struggled. Will self-driving cars bring Intel back to the top? Intel is the world’s second largest semiconductor chip maker, supplying processors to major computer manufacturers. As personal computer sales have started to decline due to increased preferences for mobile devices, Intel has struggled. It’s laid off 12,000 workers…
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For some organizations, it is difficult due to one or more reasons to enter new markets. To solve such an issue, many of these organizations enter into a kind of strategic alliances with one another to operate in a particular market. Although strategic alliances can be differentiated in many ways, the more common one is…
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Elon Musk has had many rough years as an influential tech leader. The Tesla CEO has been dogged by a seemingly unending list of setbacks. There were leaks showing how the company was covering up its high rates of worker injuries, a fatal accident involving its Autopilot driver-assist system, fires in the paint shop and a catastrophic failure of Musk’s plan…
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THE COVID-10 PANDEMIC HAS EXPOSED PREVIOUSLY NEGLECTED FLAWS IN GLOBAL Whistleblower Protection LAWS. The pivotal role of accountability and transparency in building and maintaining public trust in organizations is indisputable. How the Chinese government and World Health Organization (WHO) undermined public health at the initial and peak stage of COVID-19 pandemic, and consequential global spread…
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Athletes do it. CEOs do it. People in the office and home do it. Trash-talking is as natural as breathing to some people. But how does it affect those who are the targets of such biting insults? That’s the question Wharton visiting scholar and Georgetown professor Jeremy Yip and Maurice Schweitzer, Wharton operations, information and…
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As the society is becoming more mobile, international and diverse, businesses face an emerging need for proper cross-cultural management that enables them to handle relationships between employees. In order to have a high performing organization, it is essential to have “cultural intelligence”, which can diminish money and time costs. “Cultural intelligence” ensures a better communication among teams,…
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