Global or international business management -2

reading notes

1. Managing Global Business D1PK327T R.Pazhanisamy,MA, NET , Mphil, Phd Assistant Professor of Economics School of Business Galgotias University

2. Contents……. Organization design and structure of international companies ; Global product division ; Matrix and network structures Managing communication across cultures ; Business values ethics and social responsibilities . Managing for continuous innovations in trans-cultural context ; Developing coordination ; Systems of control in international operations .

3. 1. Organizational Structure for International Competitiveness- Global Functional Structure International Division Structure Global Product Division Structure Regional (Geographic) Structure Matrix Structure

4. 2. Control Mechanisms for International Competitiveness Strategic Control Financial Control Operational Control Cultural Control Bureaucratic Control

5. 3. Leveraging Competitive Advantages Cost Leadership Differentiation Focus Strategy

6. Global Integration Local Responsiveness Transnational Strategy 4. Integration and Coordination across Borders

7. Managing Communication across Cultures in Global Businesses Understanding Cultural Differences High-Context vs. Low-Context Cultures Individualism vs. Collectivism Power Distance Uncertainty Avoidance 2. Adapting Communication Styles Language and Translation Non-Verbal Communication Communication Channels

8. Managing Communication Across Cultures in Global Businesses 3 . Building Cross-Cultural Competence Cross-Cultural Training Encouraging Cultural Sensitivity Language Skills Development 4. Managing Cross-Cultural Teams Establish Clear Communication Protocols Encourage Collaboration Addressing Conflicts Focus on Common Goals

9. Managing Communication Across Cultures in Global Businesses 3 . Building Cross-Cultural Competence Cross-Cultural Training Encouraging Cultural Sensitivity Language Skills Development 4. Managing Cross-Cultural Teams Establish Clear Communication Protocols Encourage Collaboration Addressing Conflicts Focus on Common Goals

10. Managing Communication Across Cultures in Global Businesses 5. Evaluating and Improving Cross-Cultural Communication Feedback Mechanisms Continuous Learning

11. 1. Leveraging Cultural Diversity for Innovation 2. Building a Trans-Cultural Innovation Culture 3.Implementing Trans-Cultural Innovation Processes 4.Overcoming Cultural Barriers to Innovation 5.Measuring and Sustaining Innovation across Cultures Managing for Continuous Innovation in a Trans-Cultural Environment

12. Developing Coordination; Systems of Control in International Operations 1. Developing Coordination in International Operations 2. Systems of Control in International Operations 3. Balancing Centralization and Decentralization

13. THANK YOU