Why innovation is important for company? It is because through innovation company can achieve competitive advantage, by innovation in technologies or new ways of doing things. Michael Porter (1990, p75) and also it allows the company to redefine the market place of their favour Rothaermel, F.T and A.Hess ( 2010,pp12-15) , simultaneously create value and fending off competitors’ imitation attempts. Ultimately bring the company to above-average and outstand its peers. Innovation is imperative for economic growth, despite the primary actor for innovation is the firm, leadership is also an important actor. Leadership influence the innovation process E.W. Kang (2014) from search, select, implement to capture value.China is one of the proactive …show more content…
Joe Tidd and John Bessant (2013,p110) With the development of Huawei , the company become bigger and bigger , consist of around180,000 employees around the world and 36 joint innovation centres , 15 research centres added to the innovation process .Huawei.com This fast pace expanding bring communication issues , at such , new ideas of innovation passing from country to country , department to department become difficult . As a Chinese multinational hi-tech company, Huawei needs to adapt itself to different local cultural and embed its innovation by nature character, embrace openness, competition and collaboration complement each other. Bringing excellent innovative individual to work together to contribute to the company, minimise employee’s resistance to change and how to manage employees from diverse cultures are another challenge that Huawei is …show more content…
Except for company cultural building, Huawei carried out several structure adjustments as well. Hay Group has been checking Huawei’s improvement in human resources since 1998, to find out the problems in order to provide best possible solution .Because of all theses efforts in human resources management , Huawei build a successful sales team following its talented leader , bringing unforgettable success .In consideration that Huawei is a Chinese multinational company operates in the global market , I recommend Huawei to practise cross-cultural coordination ,promote outstanding excellent host country employees . In addition , unified the staff’s understanding from different culture background by utilizing the company goal and corporate culture to solve possible cultural conflicts between its employees , ultimately , each of its employees are in line with Huawei’s vision “to enrich life through communication” and mission “to focus on customers’ desire and needs by providing competitive communications network solutions and services so as to consistently create maximum value for customers” , ultimately ,enabling and supporting sustaining innovation continuedly
The Chinese civilization from 100 C.E. to 600 C.E. rose as one of the major unified empires. While this society grew, there were aspects of culture and politics stayed the same but many changes also occurred. As the empire developed, family units and social classes remained stagnant. Despite these continuities, changes such as the popularity of Buddhism within society due to Indian missionaries and a shift in political rule occurred. During the time period 100 C.E. to 600 C.E. the family unit system remained intact despite the intellectual advances.
The four Chinese inventions that most affected modern life were the compass, paper money, gunpowder, and rocket. The compass was used by sailors to tell what directions to go. It was controlled by the magnets in the Earth surface. The compass also made it easier for sailors to go on long voyages because they didn't have to use stars. Paper money was also an important chinese invention.
The Tang dynasty cherished a golden Age of innovation and success in science and technology culminating into the Song dynasty. The broad exchange of goods and information through the Tang dynasty with high value placed on observation and examination defined the Song and set the footing for rigorous scientific innovation.
The Importance of a Company’s Culture The culture of a company is one of the most important and sometimes overlooked factors in an organization. The culture can increase employee engagement and increase productivity which will allow a company to reach its goals, “From productivity and engagement in the organization’s day-to-day, to an employer brand that naturally fuels recruiting efforts, to creating a lasting brand that customers immediately recognize, there’s no escaping it – culture radiates outward into the marketplace” (Straz 2015). The culture can have a great impact on the employees. Employees thrive in a positive working environment and the ability to engage with their managers without fear of retaliation.
A transnational corporation is a very powerful actor with a significant foreign direct investment and physical operations in two or more countries. While these corporations have always existed in the world economy, they have become even larger over the past few decades, leaving many to wonder if they are gaining too much power. As with any powerful entity, people have begun to ponder whether these corporations are villains or heroes in the world economy. For some like consumers, companies, and host-country/world economies, the global corporations are heroes. While for others, like workers in poor countries, the environment, and local businesses, they are villains.
At present, Huawei's products and solutions have been applied to the world 100 A number of countries, service global operations Quotient 50 45 in the strong Home and 1 / 3 of the world Of the population. In the process of globalization, Huawei's overseas strategy learning from the key experience of the success of the Chinese revolution, that is, encircling the cities from the countryside. And this one, from 1995 initially, Huawei launched a long and arduous journey to expand the international market, starting with some third world countries in Africa and Asia. At present, Huawei has set up branches or representative offices in more than 10 countries, including South Africa, Nigeria and Kenya to further close to customers. Since 2008, Huawei’s
Around 2010, the company finally began to click. The worst of the cultural differences were getting resolved, and the Chinese had spent the period of upheaval learning about the capabilities needed within a multinational company. “They came to the United States ready to learn and absorb expertise’. Lenovo believe that with the advantage to the similarity between two companies, it should not be too difficult to integrate two corporate cultures. Even at, the pre-planning stage, the organization has designed a range of strategy such as cocktail party, a culture integration discussion board, set time up a cultural integration committee, to integrate two teams as well as to encourage communication between them.
The external business environment consists of a set of external factors, such as economic factors, social factors, political and legal factors, demographic factors, technical factors amongst others, which are not controllable in nature and affects the business decisions of a firm. The external environment includes opportunities and threats which can impact on the marketing strategy of Huawei. As mentioned, marketers cannot control the factors of the external environment. However, they should try to understand the changes in the external environment and assess the impact of those changes on the target market. In fact, a proper understanding of these factors helps organizations to identify potential business opportunities and threats in the international market (Baines et al., 2011).
When women were given opportunity to participate in the labour market they were still given low wages then man, feminism movement was associated with seeking equal human right and opportunities for women in economic activities. Organizations have now became flexibly people from different races are allowed to exercise their cultures in the work place for example Friday Muslims go to prayer at a certain time and organizations respect that,this is a reflection flexibility. Organizational culture plays a very important role in intergrating employees.the aim of strong cooperate culture is to form strong identification and loyalty within the man organizations objectives and values.the use of culture as management strategy . Corporate culture was put on agenda .according to Thompson & McHugh (2004) “This can be defined as a way in which management mobilize combinations of values, language, rituals and myths and is seen as the key factor in unlocking the commitment and enthusiasm of employees”.
SUPERMAX Corporation Berhad should be aware of their cultural differences in the workplace. Since there have a lot of different race in Malaysia and also most of the workers are from the different background so it can easily cause communication barrier happen between all the workers within the workplace. SUPERMAX should treat this issue seriously and handle it properly in order to avoid misunderstanding and tension between employees. It is vitally significant that there is a good relationship between all the employees and also the superior because it can affect the company’s productivity and efficiency. SUPERMAX should have cultural sensitivity in order to create a harmonious atmosphere in the workplace at the same time it can improve the performance of the company.
According to our group discussion in term of “leadership” in business world, leadership is not just the person who have the job title or higher range position in an organization but leader is the person who knows the way and ability to demonstrate the possible way to
Transnational strategy Huawei has already passed the international strategy and multinational strategy. Now it is in the global strategy. At the moment, Huawei is entering into the field of transnational strategy through continuous reform. This will help Huawei to establish a brand image, integrate capital, and closely align its service and business models with the local market Specific requirements provide a solid foundation. Strategic alliances, cooperation and joint ventures Since 2007, Huawei has cooperated with these international companies in a variety of forms, ranging from simple product sales (NEC sells Huawei data communications through the OEM market in Japan).
Leadership: Definition Leadership is the process of influencing the motive of the employees and so directing, guiding them to the proper completion of the short-term goals and the mission, vision of the firm. Leadership referring to achieve a specific set of goals of the business enterprise by minimizing risk and more advantage of opportunities is also called Entrepreneurial Leadership (Rao, 2015). Today leadership is such an iterative process when the leaders should have a variety of qualities and expertise in different area of management. Here, different theories will be explained which can clearly identify the scope, the responsibilities and the area of expertise required to be successful leader.
International business has encouraged the idea of bringing all the countries together. Though there are many challenges from language, culture, technical development and business attitude that are faced by the managers working globally. A company or an individual need to have proper strategy in their mind when managing people from cross cultural
1- Introduction This report will state and elaborate the idea and the concept of culture, cultural diversity as well as handling with cultural diversity in an organization. It will clarify and explain the advantages as well as disadvantages for a company having employees of different cultural backgrounds. Likewise, it will also explain significance of dealing with different cultures, influence of culture over the workers and style of management. Similarly, it will also discuss significance of cultural training and cultural diversity implications in managing an organization.