This document discusses managing in a global environment. It covers topics like parochialism, global attitudes, regional trading alliances like the EU, NAFTA and ASEAN, and Hofstede's cultural dimensions. It also discusses how organizations go global through stages like exporting, foreign representation, and subsidiaries. National culture can have more influence than organizational culture. Frameworks like Hofstede and GLOBE are used to assess cultural differences between countries. Successfully managing globally requires understanding different cultural perspectives.

1. MANAGEMENT IN GLOBAL ENVIORNMENT PRESENTED BY: AARUSHI, AASIM, ACHINT, ADITYA, ADITI, ANA

2. Parochialism An obstacle for managers in global business world. Monolingualism should be abolished. Managers who follow “ours is better then their’s”;its difficult for them to compete with other managers. JAPANESE AMERICANS

3. THREE POSSIBLE GLOBAL ATTITUDES ETHNOCENTRIC POLYCENTRIC GEOCENTRIC

4. ETHNOCENTRIC

5. POLYCENTRIC

6. GEOCENTRIC

7. An award winner- American marketing.

8. When a manager ignore foreign values and custom unfortunately cross culture blunders can happen. “EAT YOUR FINGERS OFF”

9. PEPSI BRINGS YOU BACK TO LIFE

13. regional trading alliance.

15. Such as France versus Germany and America and Japan.

16. Regional trading agreements reshaped global competition which mainly involves :

17. European union (EU)

18. North American free trade agreements (NAFTA)

20. Map Of European Union

22. In 1995 three other country joined the group Austria, Finland, and Sweden.

23. In 2004 EU added 10 new members.

24. In 2007 there is two other countries joined thus the union include 27 member.

26. The main aim eliminating the barriers to free trade has resulted to strengthening the economic power.

29. It deal with the rules of trade among nations and the total number of members are- 146

31. Different Type of Global Organizations 1.Multinational Company (MNC) This type of Organization has operation in multiple country but managed from home country. Characteristic of Ethnocentric attitude Example:- Sony , Deutsche Bank AG ,Merrill Lynch etc.

32. 2.Transnational Corporation (TNC) Operational in more than one country but decentralizes management to local country. Polycentric Attitude Nestle , Frito -lay etc.

33. 3.Borderless Organization Geocentric Attitude A firm that has eliminated structural divisions that impose artificial geographic barriers and is organized along business lines. IBM , Telefonica etc

34. How Organizations Go Global

35. Why Globalization

36. Reduce dependence on home market Build more brand and shareholder value Add revenue sources and growth markets Award more franchises in the home country by being global.

38. Joint Venture

39. Strategic Alliance

40. Licensing/ Franchising STAGE 2 Hiring foreign representation Or Contracting with foreign manufactures STAGE 1 Directly or Indirectly exporting to or importing from foreign countries

41. ECONOMIC ENVIRONMENTANDCULTURAL ENVIRONMENT

44. National Culture Is the values and attitudes shared by individuals from a specific country that shape their behavior and their beliefs about what is important. May have more influence on an organization than the organization culture.

46. Americans are direct.

47. Americans are competitive.

48. Americans are achievers.

49. Americans are independent and individualistic.

50. Americans are questioners.

51. Americans value punctuality.

53. Worked for IBM

54. Undertook research survey from 1967-1973

55. Data collected and analyzed from more than 100,000 people in more than 50 countries

56. He scored each country using a scale of roughly 0 to 100 for each dimensionINDIVIDUALISM VERSUS COLLECTIVISM POWER DISTANCE UNCERTAINTY AVOIDANCE QUANTITY VERSUS QUALITY OF LIFE LONG TERM AND SHORT TERM ORIENTATIONS

60. A high power distance society accepts wide differences in power in organizations.

61. Employees show a great deal of respect for those in authority. Titles, rank, and status carry a lot of weight.

63. QUANTITY VERSUS QUALITY OF LIFE Quantity of life-degree to which values such as assertiveness, the acquisition of money and material goods, and competition prevails. Quality of life is a national cultural attribute that emphasizes relationships and concerns for others Again like Individualism and collectivism.

64. LONG TERM AND SHORT TERM ORIENTATIONS It looks at country’s orientation towards life and work. People in long term orientation culture looks to the future and value thrift and persistence. A short term orientation values the past and present and emphasizes respect for tradition and fulfilling social obligations.

65. The globe …. The GLOBE (Global Leadership & Organizational Behavior Effectiveness) is a multi-phase, multi-method research project in which investigators around the world examine the inter-relationships between societal culture, organizational culture & organizational leadership. The idea was conceived by Robert J. House in 1991 but the project fomally began in 1993.

66. The globe framework for assessing cultures Assertiveness Future orientation Gender differentiation

67. 4) Uncertainty avoidance 5) Power distance 6) Individualism/ collectivism

68. 7) In-group collectivism 8) Performance orientation 9) Humane orientation

69. Global ranking of selected countries

70. Global management in today’s world “arguing against GLOBALIZATION is like arguing against THE LAW OF GRAVITY”- Kofi Annan Doing business globally today isn’t easy. Managers face serious challenges like: 1) Increased threat of terrorism 2) Economic interdependence of trading countries

71. 3) Loss of investments in unstable countries 4) Americanization

73. Conclusion Successfully managing in today’s global environment will require incredible sensitivity & understanding. Managers need to be aware of how their decisions & actions will be viewed, not only by those who agree, but especially, by those who disagree. They’ll need to adjust their leadership styles & management approaches according to these diversities.

75. questions What is Global Perspective? How do organizations do business globally? Short notes (choose any two): 1) WTO 2) NAFTA 3) ASEAN MCQs : 1)Monolingualism is one of the key indicators of parochialism prevalence in a culture: a) true b) false 2) Which one of the following regional alliances was formed after the signing of the Masstricht Treaty? a) European Union b) ASEAN c) NAFTA 3) According to the GLOBE which country/countries rank the highest in Uncertainty Avoidance? a) Sweden b) Greece c) Kuwait d) Mexico 4) National culture is more influential than an organizational culture- is justified by: a) Legal-political environment b) Social environment c) Cultural environment d) Economic environment