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Economy

MT140M4: Identify the implications of competitiveness and collaboration in a global economy.

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MT140M4: Identify the implications of competitiveness and collaboration in a global economy.

 

The Module 4 assignment involves addressing both the overall need for managers to understand how to supervise individuals across geographical boundaries as well as the specific skills and considerations necessary to successfully manage across cultures. Review the scenario below. Using the material from Chapter 9 of the text, the supplemental source list below, as well as your own independent research, you will determine how culture might impact management decisions.

 

Scenario:

The manufacturing department at PG Industries (a fictional company) has recently implemented a new training program at their headquarter location in Texas. They now need to roll out the new training across their other global locations, including facilities in the United Kingdom, Saudi Arabia, and Japan. Each of these countries has a unique approach to doing business influenced by their own cultural norms.

 

Supplemental Sources:

  • CIA World Factbook
  • Economist Intelligence Unit
  • MSU GlobalEDGE

 

Assignment Checklist:

  • Explain why managers are faced with managing in a global environment now more than ever before.
  • Describe at least three skills managers must have to effectively manage across multiple national cultures.
  • Based on the information provided in the above scenario, for each country mentioned (the UK, Saudi Arabia, and Japan), describe at least two cultural considerations unique to that country that a manager would need to take into account when devising the training roll-out.
  • Utilize at least two external sources as part of your research. Sources might include your textbook, the supplemental sources noted above, or another resource found in the university library.

 

Minimum Submission Requirements

  • The assessment should be submitted as a Microsoft Word document (.doc or .docx).
  • Your submission should include a title page, introduction, main body, conclusion, and reference list.
  • The assessment should be double-spaced, 12-point font, and no less than 500 words, not including title page and reference list.
  • Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your paper should be highly organized, logical, and focused.
  • Your paper must be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics.
  • Your paper should provide a clearly established and sustained viewpoint and purpose.
  • Your writing should be well ordered, logical, and unified, as well as original and insightful.
  • Be sure to cite both in-text and reference list citations where appropriate and reference all sources. Your sources and content should follow proper APA citation style. Review the Writing Center resources on APA style and formatting available in the Academic Success Center found in the Academic Tools area in your course.
  • Below is information from the book that may be helpful. I am adding this because before the paper was returned to me. I hope this helps.

LO1 Describe how changes in the US workforce make diversity a critical organization and managerial issue

LO2 Explain how diversity, if well managed can give organizations a competitive edge

LO3 Identify challenges associated w/managing a diverse workforce

LO4 Define monolithic, pluralistic and multicultural organizations

LO5 List steps managers and their organizations can take to cultivate diversity: secure top management’s leadership commitment, assess the organization’s progress toward goals, attract employees, train employees in diversity and retain employees

Changes in Global workforce aren’t uncommon for companies conducting business internationally

 Recent studies by the Society for Human Resource Management & Economic Intelligence Unit reported the following changes occurring to Global Workforce: demographic, vanishing middle skill jobs, increasing workplace diversity, service jobs will continue to be in high demand, and working remotely will be the new normal.

Finally, traits candidates need to succeed in a Global environment:

Sensitivity to cultural differences, Business knowledge(a solid understanding of products and services), courage to take a stand, bringing out the best in people, integrity, insightful, commitment to success, risk taker, use of feedback, cultural adventurousness, desire for opportunities to learn, open to criticism, desire for feedback, and flexibility.

Please add my textbook as a reference: Bateman, Snell, Konopaske M: Management 5th edition, New York, NY: McGraw-Hill Education

  Remember! This is just a sample.

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