![Journal Review
Global managers' career competencies- Career Development International (2008)
The aim of this study is therefore to increase our understanding of this under-researched
group of global manager whose responsibility is to act as worldwide coordinators. Specifically,
the study examines the career competencies that guide individuals being a global manager. We
focus on career competencies as previous IHRM studies have argued that understanding the
nature of working internationally can be well captured by the career issues it raises ([52]
Peltonen, 1997; [70] Suutari, 2003). guiding individuals towards career opportunities in which
these competencies are valued ([23] DeFillippi and Arthur, 1994).
My view – According to me the journal is describing about the competencies in the global
market to the global manager. The today’s world is global world and managers have many
competitions to the manager about their product. without facing the competition the global
manager not successful in foreign assignmen
Global Manager - Mumbai: Financial Express (1st April 2004)
The profile of a global manager is not just looking at the global market but also the
domestic market. And the ingredients which make a global manager are simple basics which are
imbibed into us but lose their prominence. Awareness, exposure, comprehension, conviction and
maturity are the qualities which make the global managers of today, said corporate. At the other
end of the spectrum, management institutions need to constantly upgrade their knowledge and be
sensitive to the changing environment to help create global managers.
My view on Global Manager
According to me the above journal have describe about the concept of global manager.
The global managers have working in local market and also in global market. It have some
capability and ability to handle the global business. Some business institutions increase their
knowledge.](https://image.slidesharecdn.com/executivesummary-120223030222-phpapp01/85/Global-Manager-12-320.jpg)
Global Manager
- 1. EXECUTIVE SUMMARY With the continuing growth of globalization, the companies need to pay carefully attention to selecting and managing people who may become their “Global manager”. The best way to archive this is by coming up with clear concept what constitute such a manager. But the examination of wide set of possible characteristics indicates there seems to be not distinct set of such individual qualities. So there is no consistent way to point out. What global manager is. What we are left with is search for good “conventional” manager with global mindset who could succeed in the international market.
- 2. Introduction of Globalization T. Levitt (May 1983) It refer to the shift toward the more integrated and interdependent world economy. Globalizations have several facts including globalization of market and globalization of production. Globalization of Market It refer to the historical distinct and separate national market into one huge global marketplace falling barrier to cross-trade have made it easier to sell internationally. It has been made sometime that trusted and preference of consumer in different nations are beginning to coverage some global norm, which helping to create global market. Consumer product such as Credit-card, Coca-cola soft drink and Starbucks coffee. Globalization of Product B.Womark (4 Sep 2004) It refer to sourcing of goods and service from location around the globe to take advantage of national difference in the cost of quality of factor of production (such as labor energy, land and capital) company hope to lower cost structure or improve quality or functionality of product offering, then to complete more effectively. For example global web activity of Vizio an American company with 75 employee become one of largest marketed of Flat Panel TV in U.K. in just four year by coordinating a global web of activity and bringing together component manufactured in south Corea, China and U.S. arranged for their assembly in Maxico then selling in U.K.
- 3. Introduction of Global Manager Christopher A. Bartlett (1 August 2003), Driven by ideology, religion, and mistrust, the world seems more fragmented than at any time since, arguably, World War II. But however deep the political divisions, business operations continue to span the globe, and executives still have to figure out how to run them efficiently and well. In "What Is a Global Manager?" (first published in September/October 1992), business professors Christopher Bartlett and Sumantra Ghoshal lay out a model for a management structure that balances the local, regional, and global demands placed on companies operating across the world's many borders. In the volatile world of transnational corporations, there is no such thing as a "universal" global manager, the authors say. Rather, there are three groups of specialists: business managers, country managers, and functional managers. And there are the top executives at corporate headquarters who manage the complex interactions between the three--and can identify and develop the talented executives that a successful transnational requires. This kind of organizational structure characterizes a transnational rather than an old- line multinational, international, or global company. Transnationals integrate assets, resources, and diverse people in operating units around the world. Through a flexible management process, in which business, country, and functional managers form a triad of different perspectives that balance one another, transnational companies can build three strategic capabilities: global-scale efficiency and competitiveness; national-level responsiveness and flexibility; and cross-market capacity to leverage learning on a worldwide basis. Through a close look at the successful careers of Leif Johansson of Electrolux, Howard Gottlieb of NEC, and Wahib Zaki of Procter & Gamble, the authors illustrate the skills that each managerial specialist requires.
- 4. Introduction of Manager Manager is a person who responsible for the work performance in group members. Manager hold the formal authority of committed of organization resources, even if approval of other is required . The concept of management and manager are interdependent. The term management in the book refer to the process of using organization resources to achieve organization objective through the function of manager is planning, organizing, staffing, leading, and controlling. Roles of Managers Henri Mintzberg had identified role of manager as below. Interpersonal Roles The manager can coordinate and interact with employee. It provide direction and instruction. Manager play role of figurehead leader and lessoning. As Figurehead, manager performers ceremonial and symbolic activity for organization. Managers role to motivate their subordinate. Informational Roles This roles relate the necessary obtain and transmit information from inside and outside. The manager acting as disseminator. The manager transmits the information to other members of organization. This information is used to influence their attitude and behavior all play role like spokesperson. Manager access the information to promote the organization. Decisional Roles It is very important role of manager in the organization. The manager can be take decision in many time. The manager is plan to use strategy. It is effective use of the organizational resources.
- 5. OBJECTIVE OF REPORTS To learn the globalization work in the world. To achievement of managers in global market. To find out Global managers are Myth or Reality. To find out which problem occurred to manager in global world. To summaries the globalization phenomenon.. To find out the different between global manager and local manager. To rectified the challenges of Global managers in the global market.
- 6. The Global Manager Myth or Reality According to Eric Matson (30 April 1997) Myth #1 Global managers are an elite core of specialists at the top of the company. Reality: Smart companies recognize that midlevel people should go global. "Overseas operations used to be thought of as appendages or subsidiaries to help increase sales; now they're part of a network for accessing knowledge and human capital around the world. Employees in the Tokyo office might know something about product development that you don't, and you need them for that knowledge -- not just for additional sales. To be a valuable employee, you need to be exposed to all aspects of your company's operations, foreign as well as domestic." Myth #2 To get global exposure, you need to work overseas. Reality: Sometimes it's better to join a U.S.-based team that's integrating global operations. "This might be the wrong time to take a position overseas. Companies like Procter & Gamble, which expanded globally in the 1960s and '70s, are now trying to build on entrepreneurial subsidiaries through better integration and coordination. If that case is similar to your company's, it may be better to find your way onto one of those coordinating committees rather than work in a subsidiary. There are many ways to get international experience without taking a three-year posting."
- 7. Myth #3 Networking with the expatriate community is critical. Reality: Networking with the locals is critical. Networking with the local expat community is for your family. "You take an overseas assignment to grow your skills, expand your network, increase your credibility. If you're working in Malaysia, it's critical that you build relationships with Malaysian buyers and suppliers. These are the relationships that will help you succeed. You can't get an understanding of the country if you're locked behind the iron gates of an expatriate ghetto." Myth #4 You shouldn't take an overseas assignment until you have enough seniority to make a difference. Reality: The sooner you go the better. "Go when you're young, when you can build networks that stay with you for the rest of your life. And when you return, measure success by asking these questions: Have I added skills to my portfolio? Have I built new relationships? Have I increased my credibility within the company? Those are the critical things you need to get out of any foreign assignment." Myth#5 Women do not want Global Manager “In a studding surveyed more than thousand graduating MBAs from several top management school in United States, Canada and Europe (Adler, 1984) the results revealed an overwhelming case of no significant differences: female and male MBA’s display equal interest in pursuing international career. Therefore, this myth is not true.”
- 8. Reality#5 Today woman also play role as global manager. “In the global world many woman also have CEO of the companies. In world woman also take responsibility of global manager. She can also handle businesses in global world. They can very well face the challenges in global completion and change in market condition. According to Me - Global Manager is Reality The Global Manager is Reality. It is not Myth. Because the today’s world is global world. The world is much closed trough Technology. In the global world the corporate sector is running very fast. It is very important for every industry to growth their business in global world. The entire supply chain depends upon the globalization and cooperation and coordination of the different offices which are situated in the different countries. The person who handle the relation between Different countries offices of same industry are called Global Manager. The global manager is maintaining the supply chain of production or sales. Global manager can play the important role in the growth of industry in different countries or in the world.
- 9. Literature Review T.Levvit Theory of Globalization (1983) According to the T.Levvit Globalization means shift toward the more integrated and interdependent world economy. He had explained about the Global Marketing and Global Product. The market place is crossed the trade border of the nations. it can sell the product in international market. The consumer of countries is given the preference to the product of another nation. At that time it was beginning of global market. In the global product to take the advantages in national differences of cost and quality or factor of production. Companies hope to lower cost structure or improve quality or functionality of product. My view about Globalization- The levvit also telling about globalization particular the mainly depends on the global market and global product. I am also agreed to the levvit theory of the globalization. In globalization it is very important to get more demand of our industrial product in the world. In global market to reduce the cost and increase the efficiency of product is the main aim of business to earn profit.
- 10. Personal Challenges for Global Manager – Richard L. Daft (2006) When managing in foreign countries, they need for personal learning and growth is critical. If the manager is culturally flexible, easily adapt to new situation and way for doing things. A tendency to be electronic, to believe that own cultural value. For example Dutch have learned English and French, German to interact with them for take place in global economy. Most managers faced the problem in foreign assignment of homesickness, loneliness, and cultural shock like frustration, unfamiliar, and anxiety about what to do and how to do. In foreign country Culture will completely different in language, foods, values, benefits and way of doing thing. Manager in foreign country may have cope with political issue, government corruption, threats of violence and other contextual factor without any kind of support system. My view about Personal Challenges of Global Manager The global manager also faced many problems in the global world to run their business. The managers have many challenges in working in global market. Ti has be challenges from different culture of the country, language, foods, values and also changes in lifestyle. It is very important to the global manager to have capacity to learn in new situation and understanding.
- 11. Traits of Global Manager – V. A. Avadhani (2004) The traits of global manager are different factors. First is rapidly change in the world he will informed and highly conversant in the core operation of company. Change in rule and competition then managers have also changed their competitive knowledge. In decision making manager seeks various alternative site and location – where the row material are located, where the market exist, what are the cost efficient methods relating to the input and output. The global manager has to inform of the law and regulation, social and political system, habits and custom and totality of the economic forces, operating in all countries in which he operating. My view about Traits of Global manager In globalization manager have faced many traits. The managers have traits from the change in the global market instantly. Also change in the rules and regulation of government policies. It has trait from the changing or different market competition in globalization. The main trait to the manager from the information, which getting through the different places may have many circumstances. Magazines Review Growth of Globalization in India and China – Andre Buckley - Time Magazine Twenty years ago there are 7000 MNCs. Today’s figure is 35000. Out of 500 MNC’s 200 are already existed in India. 300 are operating in China. China has better economic growth, stable political system and favorable government policy toward the foreign investment. Indians tax structure is not free for foreign investment. India not give exist policy for the labor. My View- In short according to me China is very liberal and generous to foreign investment. Unlikely India, which explain large foreign investment but actually need it. Not stable government policy and tax structure are responsible for India lost 100 MNC’s.
- 12. Journal Review Global managers' career competencies- Career Development International (2008) The aim of this study is therefore to increase our understanding of this under-researched group of global manager whose responsibility is to act as worldwide coordinators. Specifically, the study examines the career competencies that guide individuals being a global manager. We focus on career competencies as previous IHRM studies have argued that understanding the nature of working internationally can be well captured by the career issues it raises ([52] Peltonen, 1997; [70] Suutari, 2003). guiding individuals towards career opportunities in which these competencies are valued ([23] DeFillippi and Arthur, 1994). My view – According to me the journal is describing about the competencies in the global market to the global manager. The today’s world is global world and managers have many competitions to the manager about their product. without facing the competition the global manager not successful in foreign assignmen Global Manager - Mumbai: Financial Express (1st April 2004) The profile of a global manager is not just looking at the global market but also the domestic market. And the ingredients which make a global manager are simple basics which are imbibed into us but lose their prominence. Awareness, exposure, comprehension, conviction and maturity are the qualities which make the global managers of today, said corporate. At the other end of the spectrum, management institutions need to constantly upgrade their knowledge and be sensitive to the changing environment to help create global managers. My view on Global Manager According to me the above journal have describe about the concept of global manager. The global managers have working in local market and also in global market. It have some capability and ability to handle the global business. Some business institutions increase their knowledge.
- 13. Internet Reviews Allan Ragman – Theory of Globalization Allan ragman is believe globalization system in which walls between countries, markets and disciplines are increasingly being blown away constitutes a fundamentally new state of affairs and understand it and explain it is by arbitraging all six dimensions laid out above - assigning different weights to different perspectives at different times in different situations, but always understanding that it is the interaction of all of them together that is really the defining feature of international relations today. And therefore being a globalist is the only way to systematically connect the dots, see the system of globalization and thereby order the chaos." My Review – According to me Allan ragman is define the theory of the globalization. In this theory he explained about the relation with many countries in world. Global relation between different countries about different industries is very important for take global market place in global market for your product. (www.negotioation /globalization.com)
- 14. Globalization Phenomenon Jessop (1994), by defining a phenomenon many variable in such short time frame, they give a name and pride of place to something that cannot be analyzed. What causes globalization? When globalization include both the integration global market and regionalist to such integration the fall of saviet union and various change in family and emotional life(Giddens),all part of super complex series of multicentric, multiscalar, multitemporal, multiform and multicasual processes”(Jessop), we might as well as “globalization is whatever happens to be happening today”, and forget about analyses. Gerrifi, like Dicken in his less expansive moments, defines is as the integration of product across borders”, rather than “globalization”. Deniele Archibugi and Jonathan Michie (1995), discuss different ways in which technology development and dissemination can be globalized. But the in which technological development is globalized, if so is happens to be, can be more clearly discussed assuming it is part of some all-encompassing process called globalization. If you wanted to speak of multifeted “globalization” as long run phenomenon, that would make sense. Over centuries, people in different part in the world have become more interdependent and more closely connected in many different ways, due to ongoing improvement in distance-shirking technologies, and to changes in governance, markets, and commercial organization which make those technologies. The trouble is using term to deall with short-term changes-changes on scale of few decade – is that in the short run there is no reason to except the different element of globalization package to move forward together. Distance-shrinking technologies and their application keep moved ahead, but in certain important aspect of connectedness and interdependence- trade and investment, for instance – have been known to shift abruptly into reverse for several for several decades.
- 15. Recommendation According to me Concept of the Global Manager is Reality. It very important for global manager to work in different countries. Global manager have well understanding for new condition. Global manager is able to handle the situation of different countries. It has capability to work in different market and different situation. To given training to managers for work in global world. To required the knowledge of different languages to manager in global world. The industries have also organized seminars and campus for managers to work in global market. Global manager have ability to learn in new condition. The global manager have also involve in different global activities which happened in corporate world. The global manager have ability plan for increase lifestyle of people in world.
- 16. CONCLUSION At the end of report it is the final view on the report which presented through report maker. In this report the final view on the Global Manager Myth or Reality. According to me the Global Manager is Reality. If you are focus on the different view of the different authors, they are all given majority to the globalization of business. The today’s businesses are expanded in entire world. So it very important to maintained the business in world. This expanded business should running through the global managers. Many international banks are working different countries but headquarter is in one country. The overall process of banking is done through single server which is situated in headquarter. And this whole process is done global manager. He is only person who understand different policies of countries about bank and their rate of interest and then applied to the countries. The multinational companies also work under the global managers. When a manager is working in different countries they have facing many challenges. Challenges about different culture, value, lifestyle. And many traits to the manager in global world to run their business. It has to consider the changing global market.
- 17. BIBLIOGRAPHY Books 1) B.womark (4 Sep 2007), “Hits in Million Scale”, PN 164. 2) D. Pritchard (2004), “Federal Management Tax Laws”. 3) Eric Matson (30 April 1997), “Managing Across Border”, Prentice Hall Publication. 4) Harward V. Permulter (1969), “The Tortuous Evaluation of Multinational Corporation”, PN 9-18. 5) Jessop (1994), “International Business Management”, PN 223. 6) Richard L. Daft (2006), “New Era of Management”, PN 142. 7) T. Levvit (May, 1983), “The Globalization of Market”, PN 92-102. 8) V. A. Avadhani (2004), “Global Business”, 2nd Edition, Himalaya Publication House. Magazine 1) Andre Buckley, “International Capital Budgeting”, Time Magazine PN 138. Journal 2) Financial Express,(2004), “Global Manager” 3) Chirstopher A. Batlett(1 Aug 2003), “Hardwar Business Review”. Internet (www.negotiontion/globalization.com)