Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Lesson Learned in International Business
Ask yourself, what value added am I adding, producing above and beyond what was discussed in class?
The way that I am adding value above what is covered in class is through taking the ideas that were presented and using them in the real world on a practical basis. Too often, many business executives will become involved in transactions that will lead to conflicts of interest. In some cases, this is from the desire to lower costs (which will have an impact on a firm's labor practices). While at other times, these issues will take place because of changes in the company's business model. In every case, executives used these actions to engage in activities that will support their own self-interests. Moreover, they are ignoring the long-term impact of their actions on different stakeholders. (Abedelal, 2003) (Fung, 2006) (Kennedy, 2003) (Spar, 2002)
This is problematic, because these kinds of abuses will often result in ethical challenges that will have adverse effects on the general public. The ideas that I learned in this class will give me the foresight to see the how this will impact different parties that I am working with. It is at this point that I can engage in actions that will be supportive of the different stakeholders inside the community. (Abedelal, 2003) (Fung, 2006) (Kennedy, 2003) (Spar, 2002)
Try not to report your lessons as an objective third party bystander but as someone who has internalized...
This is when they must understand how it will influence their actions and everyone that is associated with the firm. As a result, these internalized lessons will help me to use them as a foundation in understanding the negative impact of these changes without constant vigilance. Once this happens, is when I will be more responsive to needs of different stakeholders during the process. This is when these ideas can be used to help make the firm more responsive to needs of various parties vs. select groups. (Abedelal, 2003) (Fung, 2006) (Kennedy, 2003) (Spar, 2002)
Ask yourself, based upon the concepts that I have learned, how can I apply these to better understand some part of my organization or some aspect of my life.
The different concepts that I have learned taught me that I need to have a higher amount of ethical practices on a regular basis. This is because the cases were showing the impact of greed and these related activities on stakeholders. In general, this has been having an effect on select groups inside the organization. Once this takes place, is when they will be able to receive unfair advantages from the use of these strategies. (Abedelal, 2003) (Fung, 2006) (Kennedy, 2003) (Spar, 2002)
To prevent this from happening, I will apply a higher degree of ethical philosophy in my dealings with different parties. This will allow me to avoid the conflicts that are often occurring…
References
Abedelal, R. (2003). Bombardier. Harvard Business Review.
Fung, K. (2006). China's Renmninbi. Asia Case Research Center.
Kennedy, R. (2003). RR Donnelly. Harvard Business Review.
Spar, D. (2002). Hitting the Wall. Harvard Business Review.
Leadership Skills Impact International Education CHALLENGES OF INTERNATIONAL EDUCATION Practical Circumstances of International schools THE IMPORTANCE OF LEADERSHIP IN EDUCATION What is Effective Leadership for Today's Schools? Challenges of Intercultural Communication Challenges of Differing Cultural Values Importance of the Team Leadership Style LEADERSHIP THEORIES Current Leadership Research Transformational Leadership Skills-Authority Contingency Theories APPLYING LEADERSHIP IN AN INTERNATIONAL SETTING Wagner's "Buy-in" vs. Ownership Understanding the Urgent Need for Change Research confirms what teachers, students, parents and superintendents have long known: the individual school is the key unit
(PMUSA) Locations of the Organization and Business Operations The U.S. unit has various facilities within the country, such as its Center for Research & Technology (CRT), and its manufacturing, processing and also its support facilities in the Richmond, Va., area; in Chester is situated its Park 500 plant and in York its Manufacturing facility near Williamsburg; another manufacturing facility in located in Cabarrus County, N.C.; and its sales offices are crisscrossing
Companies such as XYZ Widget Corporation are well situated to take advantage of burgeoning markets in developing nations, particularly in Asia and Africa. 2. XYZ can grow its business by expanding its operations to certain developing nations in ways that profit the company as well as the impoverished regions that are involved, particularly when marketing efforts are coordinated with nongovernmental organizations operating in the region. 3. Several constraints and challenges must
Crisis Communication: Overcoming Barriers When Crafting an Effective Risk Communication Strategy When a disaster strikes, there is no time for planning, and what is already in place must therefore suffice. One of the most important factors to emerge from the aftermath of Hurricane Katrina was the need for more effective communications between the relief agencies, U.S. military and civil law enforcement. Effective communications between these agencies and the people that needed
Organizational Change of Northrop Grumann Corporation Analysis of Change Northrop Grumman: Interview in relation to Program Mergers & Acquisitions Comparisons Looking to the Future Organizational Change of Northrop Grumann Corporation Although acquisitions did not prove to improve the performance of firms the activities of acquisition persists and government policy toward the industry of defense has approved consolidation for the purpose of cost savings that are nominal at best. Mergers and acquisitions are events that greatly modify the
Soft Systems Techniques in the Preparation of Information Technology as a Systems Manager Company Systems Consulting process and model Systems approach, client relationships Company Culture Client defenses, attachments to existing systems Interaction with the company culture in order to facilitate change System and Culture working together Dependancy issues Lewin Company Systems Consulting process and model Systems approach, client relationships Company Culture Client defenses, attachments to existing systems Interaction with the company culture in order to facilitate change System and Culture working together Dependency issues Lewin's model of