Conclusion Autocratic leadership is an influential leader in business leader, as it contains of the central points and qualities of a perfect leader. The following leadership qualities are: Communication Autocratic leadership style can influence communication and profitability. Bureaucratic leaders/pioneers have a tendency to moderate up communication by checking to verify that all aspects of the message and conveyance technique takes after strict organization rules. This can hamper communication and keep representatives from getting directions and data they have to carry out their jobs. Leaders/Pioneers who don't request info from others can contort data to fit their own particular needs.
Tesco motives for international growth Internationalization motive of a firm could be proactive or/and reactive - Albaum et al. (1994, p. 31). Proactively the major drives include opportunity in foreign market, desire to grow profit, technology competence and market intelligence. Reactively, is the saturation of domestic market, excess capacity and strong competition in local market driving down profit; all these factors are the motives for Tesco expansion into International market in order to gain presence. Initially, Tesco Plc did not have any hypermarkets in the UK but it expanded its international operations by opening hypermarkets abroad.
As mentioned by Hicks (2002), global leadership efficiency has turned out to be one main issue within the literature of social issues, human resource development and management and world business etc. To efficiently perform the role of global leadership in progressively complex global market it important to workforce management and international business. Leadership is considered to be main element of all firms however its capacity and function are getting difficulty with increased engagement in technology and globalisation development. Technological advances extend the probability of global economy that has changed the approach people communicate and do business (Kochan & Thomas, 2003). Managing diversity is related to acknowledging each employee’s differences and understanding theses diversity as valuable factor, this lead to motivate and improve effective managerial practice by stimulating extensiveness and preventing
Ignore corporate social responsibility and consumer activism: Nestle is playing with fire With globalization and changes in consumer attitudes, marketing ethics continuum is being irreversibly pushed towards the direction of caveat venditor. However, consumers or NGOs take actions both online and offline to put their perspectives on companies ' deeds or social networks, some may evolve into large-scale boycott (Financial Times, no date) which may effectively affect 'market power ' (Hendel et al., 2017). Consumer activism has become the supervision and guidance of company 's moral behavior. To explain why companies need to attach importance to consumer activism and adopt ethical business choices, the paper will look at two main points: firstly, case of Nestle will studied to describe how unethical behavior occurred in all aspects of the business model and to explain why these behaviors are contrary to the universal ethics; secondly, although Nestle is not 'revenged ' (Romani, 2015) hard by consumer activism at present, there are specific reasons and background of this case which cannot be imitated, and full of unexpected risks. Especially when the Internet technology is mature, and the consumer concept is virtuous, the influence of the boycott both online and offline is considerable.
“Leadership and learning are indispensable to each other”- John F. Kennedy I firmly believe that learning incites us and push ourselves into finding what really lies at the outer reaches of our abilities like leadership. I foresee my career moving in the direction of business, initially from as a business executive perspective and ultimately towards a leadership role within a multinational company where I can actually make a difference. It is true that Globalization rules today’s business world and has led firms to market beyond the borders of their home countries making International Business a highly significant and integral part of firms. Also it is true that many of us neglect the acquisition of language skills, marketing techniques, knowledge
SOLVAY GROUP: INTERNATIONAL MOBILITY & MANAGING EXPATRIATES Group F2 Problem Statement: The situation is to develop an international mobility program in order to streamline processes at Solvay which aligns the company’s business goals with individual employees’ needs . External Analysis Factor (Economic, Technological, Cultural) Implications on the problem Political: • Swelling government regulations in Pharmaceutical industryIt was difficult to enter the industry(high entry barrier, not lucrative)Existing players diversifying globally Require additional HR • Movement of HR helps in easy expansion need of an effective international mobility program (take care employees needs like personal, financial, social etc.) Economic:
The theories and study of multinational corporations (MNCs) evolution and expansion (the internationalisation process) have been a prominent aspect in the international business (IB) studies. The empirical studies that have led to the development of MNCs internationalisation theories were based on the perspectives and firms’ from advanced economy in Europe, USA and Japan. Therefore, it is not surprising to see how this reflects on the behaviour of firms’ from these economies. While MNCs from advanced economy had dominated the IB study internationalisation process firms’ from emerging markets (EMs) had received less attention in the IB research especially in terms of their evolution when compared to firms from advanced economies. To some scholars, the internationalisation process is how a business spreads locally and between countries both regionally and globally (Jansson, 2009:48).
These have been characterized as an ethnocentric approach, a polycentric approach and a geocentric approach. The Ethnocentric Approach An ethnocentric approach is best suited to international business. It is a staffing policy in which all key management positions in an international business are filled by parent-country nationals. The advantages are the ability to communicate strategic information. The ability to transfer core competencies and in many nations the host country may lack
“The International business, instead of detaching from our business, is now additive to our business.” (Michael Casey). In reference to Michael Casey’s quote, today the definition and basis of a successful company is how far it has reached internationally; whether having Foreign Direct Investment (FDI) in one or multiple countries, or branching out their existing home based business to host countries. International business focuses on the difference of culture, language, rules regulations and the legal system of a host and home country. Moreover, for a company to reach the stage of international success, studies and strategies have to be prepared to ensure that all challenges are overcome and that barriers are shattered. Company background Marina Home is a company originated from the UAE in the year 1997.
EFFECTIVE INTERNATIONAL PERFORMANCE APPRAISALS: EASILY SAID.HARD TO DO INTRODUCTION In this article the writer is making us aware about the process of international performance appraisal system. The components, factors effecting the efficiency of IPA criteria, method, approaches being used by MCN’S The main actors of this article are Multinational corporations (MNC) a corporation which is investing or working outside the home country also has to appraise their employees working in host countries to ensure that subsidiary is implementing corporate strategy effectively. There are three techniques through which international employee can be appraised Appraise all employees by using home appraisal system or either all employees by local appraisal