1. What are key elements of a global organization? How does building a global organization differ from building a domestic organization?
2. Identify three different, measurable metrics for tracking implementation of a global strategy. Why are these metrics important to monitor?
3. How are the risks in implementing a global strategy greater than those in implementing a domestic strategy? Which risks are the greatest? Explain your answer© BrainMass Inc. brainmass.com October 25, 2018, 4:45 am ad1c9bdddf
Key elements of a global organization (adapted from Diversity Resources)
a. Global Mission Statement
A company's mission statement should address: a)commitment to doing business from a global perspective, i.e. the company as a whole(people, products, services)need to be effective and competitive in a variety of cultural environments; b) inclusiveness; c) recruitment and retention of diverse employees; d) development of diverse talent; e) training of management from different cultural/racial backgrounds; f) effective marketing in different cultural contexts; g) effective supplier diversity; and h) programs of social responsibility in countries in the developing world.
b. Country-by-Country Focus within the context of Global Strategy
Management styles, operational practices, and marketing approaches must reflect cultural, language and perspective differences inherent in different cultures. One of the ways of to view this is through the concept of "frameshifting". This means the ability to grasp and assess different perspectives and respond effectively to new and unfamiliar circumstances, including, qualities such as inquisitiveness, tolerance for ambiguity, and flexibility in a world where the most attractive opportunities for future growth are likely to be outside of a company's home market.
c. Global Approach to Corporate Leadership, management, Team-Building, and Professional Development
Top management itself must visibly commit to a global strategy ...
This solution identifies the key elements of a global organization and how does building a global organization differ from building a domestic organization. It also identifies three different, measurable metrics for tracking implementation of a global strategy.
Human Resources Strategic Poisitioning Plan Part 2
Human Resources Strategic Positioning Plan - Part 2
Prepare a 3,000-3,500-word paper integrating theories and concepts from your text and other sources as you review the Riordan Manufacturing virtual organization on your rEsource page. Based on your researched information, create a Human Resource Strategic Positioning Plan for your client. Include a summary of Part 1 in addition to the following elements in order to support your recommendations.
a. One-page executive summary
b. Recruiting and Retention
1) Analyze methods for recognizing and retaining key employees and workers
2) Identify a process to replace key executive talent
3) Develop a process to identify high-potential employees; develop a process to "fast track" these employees
c. Legal Ramifications
Legal implications of issues covered in this assignment (e.g., as you consider your proposal, have you thoroughly researched any legal implications)?
d. Training and Development Program
Identify elements of an effective training and development program.
e. Technical infrastructure
·Apply the elements of an effective technical infrastructure. Include application of information (such as requirements and considerations) provided by an HRIS.
·How is your strategy affected by the company's decision to "go global" with its plant in China? What are the HR-related implications? Assess the challenges and opportunities of multinational cultural diversity and international talent management.
Make final recommendations to the client.