World Applied Sciences Journal 12 (7): 1100-1106, 2011 ISSN 1818-4952 © IDOSI Publications, 2011
Information Technology - Its Impact on Global Management
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Irfan Ahmed, 1Akmal Shahzad Qadri, 2Rana Khurram Shahzad and 3Bashir Ahmed Khilji
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Iqra University, 5, Khayaban-e-Johar, H-9, Islamabad-44000, Pakistan Netsolace Information Technology (Pvt) Limited, Islamabad, Pakistan 3 National University of Modern Languages, Islamabad, Pakistan
Abstract: 21st century is the century of information technology (IT) and globalization. Information technology is playing its significant role in the betterment of the organizations. This paper explores another very important role of IT on global management i.e., IT helps to redefine the
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World Appl. Sci. J., 12 (7): 1100-1106, 2011
enough for effective global leadership. Having a true global mindset enables leadership effectiveness in a global environment. Increase in cultural `and business complexity demands for a global mindset. To be a global organization, company’s vision and values must show global consistency [9]. Yang Jianguo of Deronde International was appointed as the global head of product development [10]. He was very committed and devoted person and had very successful career as a country manager, but he faced some problems when he came to France as a Global leader. He was focusing on local culture instead of global world. One can say that he was lacking global mindset. Therefore, his ideas were not appreciated by his colleagues even by his CEO. It is clear that the most important attribute required for effective global leadership is not a new set of skills or experience, but rather a new perspective called a global mindset [9]. A question confounding top management of the world’s leading corporations is how to identify and develop global leadership competencies for the future direction of their businesses. A popularly held view is that successful global management will think strategically in a world-wide context [11]. Rapid change in the organization’s environment resulting in uncertainty of goals in the issues
A global manager is associated with success as an international executive. Dimensions included in this are: general intelligence, business knowledge, interpersonal skills, commitment, courage, cross-cultural competencies, and the ability to learn from experience. My potential for success as a global manager would be on the cusp of being relatively high. In today’s global economy, being a manager often means being a global manager. But, unfortunately, not all managers are able to transfer their skills smoothly from domestic environments to global ones. I believe that I have the ability to accomplish this on a consistent basis.
The global markets become increasingly interconnected and economic dynamics change, companies offering supply chain and logistics services are finding themselves facing multiple challenges and opportunities. Through the increasing integration of global labor markets, companies now have access to massive amounts of talent streams that were once not possible to obtain. However tapping into these talent streams is only possible through a global leadership strategy where the organization has global leaders with a high IQ and global management (Gardner, 2007).
Today’s business world is becoming increasingly globalized. For managers, it is important to develop their worldly mindset to effectively manage teams. There are several ways that worldliness supports and facilitates organizational effectiveness and change skills.
Leaders who are well versed in the foregoing leader-follower communication concepts will also be successful in global and in cross-cultural environments (Rentfrow, 2007). For example, when leaders: (1) model willingness to engage others; (2) are sensitive to differences/diversity; (3) promote the establishment relationships beyond their immediate environment; and (4) eliminate organizational barriers, these principles are universal and
Challenge of Globalization W. L. GORE & ASSOCIATE had been expending their business in more than 30 over country; there are Asia Pacific, Europe and the Middle East, Central America, North America and South America, leading manufacturer of thousands of advanced technology products for the electronics, industrial, fabrics and medical markets. With the employees of 9.500 people around the world, managing the people also bring along the trouble as well. With the diversity of culture, people, background, language and norms, challenges and problems occur within the company and beyond the boundaries of the company. This is the major problems that will occur when a company goes global and expanding to the world. This challenge of globalization
In the article” Making it Overseas” by Mansour Javidan, Mary Teagarden, and David Bowen, states that for developing skills of global leadership, working all in various countries is one of the strategies which people can gain capabilities for cross-cultural issues. However, by gaining working experience overseas is not the only determinant to decide leaders’ success. In order to succeed overseas, leaders need a global mind-set, which includes Intellectual Capital, Psychological Capital, and Social Capital, and each of them are defined by three specific characteristics.
Global expansion, Global Leadership, Global Trends, are all important topics in this growing business world, it is crucial to be a leader who is effective in the comprehension of cultural variances between their native country and the countries they are interesting in working with. Businesses know that it is important to have a leader who has the ability to work in diverse work environments (Murmu, 2014, p67). Furthermore, adding to the need of leaders who can identify, understand and correctly address different issues that can arise when doing business globally, such as, culture, religious conviction, and society within each country they wish to conduct business in. The avoidance of making the error of operating under the assumption that all
In order to form a leadership that keep on with the passage of time, international leaders and managers ought to demonstrate likely competences in cross-cultural cognizance and practice. It is vital they recognize the value of leadership and managerial potentials, and to grow and sustain effective leadership approaches and methods for abiding diversity management (Ulrich and Smallwood, 2012). The conjecture emerges is that successful and effective international leaders and managers holds key to solve the secret of working with diverse workforce and dealing with them for the purpose of organizational development in order to enhance competitiveness.
The Project GLOBE (Global Leadership and Organizational Behavior Effectiveness). The GLOBE research followed in Hofstede 's footsteps yet also searched for additional dimensions (Cater, Lang & Szabo, 2013, p. 446) as depicted and defined on Table II. In light of the GLOBE findings, earlier conceptualisations of culture have been reconsidered with respect to the impact of culture on leadership (Dickson et al., 2012 as cited in Cater et al., 2013, p. 447). GLOBE researchers introduced twnety one first-orderr “primary leadership dimensions” which were then condensed in six second-order “global leadership dimenions” that are charismatic/value-based, team-oreinted, participative, human-oreinted, autonomous, or self-protective (Cater et al., 2013, p. 450).
Organization wants to achieve the objectives of sustained growth and increased profitability, organization must constant innovation its product or service, also need to carry out some plans to expand its business to enable an organization to have a better development. Organization expands its business cannot be confined to the domestic market must also move abroad, which effectively allows an organization closer to the global market and broadening the scope of business and profitability. However, business expansion is not as easy in this global environment, globalization has not only changed the enterprise competitive landscape also influence the way leaders conduct business (Caligiuri, 2006). Furthermore, with globalization, global leadership in terms of cultural knowledge needed to become more acute and require more advanced level of cognitive ability on the complexity of managing the demand of multiple cultures while completing managerial tasks (Caligiuri, 2006, Grosse, 2011). Therefore, the development of global management skills is very important for the global organizations and managers. Only effective in developing global management skills can help the organization reduce the risk of international business
Chapter 9: Global Information Systems Why go Global? –Customers demand integrated worldwide services. Example: shoe company. Prerequisites to the success of a global information system: -Clear understanding of factors such as customs, laws, technological issues, and local business needs and practices. Airline reservation systems- first large-scale interactive global system Global products-Products or services that have been standardized for all markets. Manufacturer might “regionalize” operations Globalization- important factor in purchasing and supply chain Global Information Systems at Rohm & Haas: Part of Dow Chemical Production units in many different countries Overhauled its global information system: By upgrading the
The advent of social networking and other media has transformed the way citizens interact and how businesses market, promote, and distribute their products globally. The same can be said for mass collaboration efforts occurring through digital, online technology for the development of new and innovative systems, products, and ideas. Both social networking and mass collaboration bring new power and influence to individuals across borders and transform the nature of their relationships with global organizations. As in the past, these developments underscore and reinforce the importance of understanding different cultures, national systems, and corporate management practices around the world. Students and managers now recognize that all business is global and that the world is now interconnected not only geographically but also electronically and psychologically; it is hard to imagine any business or nonbusiness organization that is not directly affected by globalization. Yet, as cultural, political, and economic differences persist, savvy international managers must be able to develop a global mindset in order to effectively adjust, adapt, and navigate the changing landscape they face on a day-to-day basis. In this new eighth edition of International Management, we have taken care to retain the
In times of rapid globalisation and economic development growth, the environment of business has become more and more complicated as a huge number of firms want to globally expand their businesses. Subsequently, the managerial implications of cross-cultural management is the challenge of this development. As Abbe (2007) states, cross-cultural leadership has developed as a way to understand leaders who work in the global markets. Culture is the “software of mind” that can influence people’s patterns of thinking and behaving.
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 numerous, and attaining success is a matter of developing the right strategy to win local markets and its consumers.
the skill sets and aptitudes to manage in global organizations. These skills include the culture, the