Synopsis
For most its history, Wyeth had been a holding company that sold a variety of products through as many as a hundred companies organized into 10 subsidiaries. Wyeth grew primarily through acquisitions of other companies, in which the original management was usually retained. In the early ‘90s, Wyeth embarked on a strategy of focusing the company on healthcare and divesting all non-healthcare divisions. The company also started to consolidate operations including manufacturing and staff functions; however, Wyeth did not have the culture or business processes of a global organization. Wyeth did not have a culture of sharing information experiences among affiliates or comparing performances. The prevailing local thinking and lack of integration was causing operational challenges for managing global inventories. Additionally, the R&D group was producing internally developed products that could not be marketed or manufactured on a local basis. In the late ‘90s after successfully divesting the non-pharmaceutical businesses, Wyeth was faced with the challenged of organizing the firm into a global integrated entity. A major self study and analysis were conducted and the final recommendations were presented to top management. Although there was widespread support, the funding was not necessarily available. In the remainder of 1998 and 1999, Wyeth focused on planning and communicating the IT globalization plan that emphasized the regional support centers (RSCs).In parallel with IT globalization initiative, Wyeth was also considering, planning, and implementing ERP and SAP implementations. Additionally, a global data warehouse was introduced to normalize all the data and rationalize the products. In early 2000, the IT globalization ...
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...hitecture. The implementation of ERP and SAP software were some of the key contribution for a unified system. It led to the creation of a global data warehouse where transactional data generated by the SAP and other non-SAP data would be stored. The global warehouse project provided an integrative process of gathering data and normalizing them in one place. It also provided for rationalization of products, which allowed affiliates to see what was being manufactured and when it would arrive. Finally, one of the most elusive IT contributions to globalization was the global mindset that it created in managers and employees. Because of IT, Wyeth had a culture shift form a “local thinking” company to a globally aware entity. Not only was the physical information and infrastructure globalized but the intangible resources in the form of workers, managers, and executives.
Globalization can be defined as “making worldwide in scope or application”(1). In this comparison of the global corporate culture of Northwest Airlines and American Airlines several areas will be addressed. The strength of the global culture with-in the companies. The fit of the company to the global marketplace, and the adaptive ness or the empowerment of the employees will be examined and compared. Perhaps more important, than whether they currently have a global atmosphere, is whether they can improve or create this atmosphere. A comparison between the two airlines will be made on their mission statements, information dissemination, global-mindedness, career paths, and the use of cultural differences as an asset and if a worldwide training system is in place. A conclusion will then be made as to which corporation has the best organizational composition to compete in the global market.
Regarding “The Age of Globalization” by Alan Brinkley I thought that the reading selection provides good details on timeline of significant events that significantly affected the global economy. The reading selection from the American History textbook starts off with a summary of event of September 11, 2001, and the role they played in the changes within global economy. On the next page we are presented with a timeline of events that will be described later in the reading selection. The purpose of this section is to illustrate how each of those events contributed to the world we live in today, particularly their influence on the global economy.
"In ancient times the opulent and civilized found it difficult to defend themselves against the poor and the barbarous nations; in modern times the poor and barbarous nations find it difficult to defend themselves against the opulent and civilized." -Adam Smith
The organization has had to ensure that it has retail stores in many countries globally and website options in more than 100 countries. The company further enhances access of online stores in more than 37 countries which is accessible all the time and people are able to access the services regardless of their location. Globalization further affects the organization in the sense of international market management which requires it to engage in strictly global decision making. The organization’s production networks have been geared to enhancing global competition (Lüsted, 2012) .The Company is further good when it comes to seizing the opportunities available in global market. For the organization to find efficient as well as cheap means of production, it has to bargain hard so as to allow its contractors to have low profits. This mostly is consequential to the suppliers cutting corners with the use of cheap
MaDonal is a restaurant that was discovered and is located in a Kurdish town in northern Iraq. The restaurant shares many similarities to the North American fast food chain, MacDonald, in both the outlook and the menu. An example of such similarity is the very popular “Big Macs” of McDonalds which is known as “Big Macks” at the MaDonal restaurant. MaDonal was founded by Suleiman Quassab an Iranian who because of a conflict with the Saddam Hussein government was forced to flee and become a refugee in Vienna. In Vienna, Qussab worked as a cook in McDonalds and believed that he should bring the same sort of stability and prosperity he had witnessed in Vienna back to Iraq, by opening McDonald franchise in the country. However, his request was denied due to the rising conflict and the economic permit imposed during the regime of Saddam Hussein. His main goal was to open the real McDonalds in spite of his current restaurant being threatened by suicide bombers as they fear a culture alteration. In the case of MaDonal cultural globalization is reflected. This is because there is a gradual harmonization of the world’s cultures. People in Iraq are able to experience the same type of food and culture that people all around the world do when they eat at a McDonald restaurant. There is also economical, sociological, and geographical globalizations involved in MaDonal’s case. Economical because countries will want to trade with other countries that match the standard of living as any country with a large and rich enough middle class to afford a meal, thus the country of Iraq will attain more trade partners as they become more stable (economically and politically). Consequently, the country will be able to globalize and develop. There are also ...
Microsoft is one of the leading software companies in the world and it controls substantial shares of computer operating systems. A part from operating systems, Microsoft supplies the world with other products, such as the video game console Xbox, Office Software, digital music players, server storage software, CRM applications, and Zune. In the modern world, Microsoft has embraced the idea of globalization while it has exploited current technology to increase its global competitiveness. Therefore, this paper examines how globalization and technology have influenced Microsoft Company. Moreover, the paper applies industrial organization model and resource based model to assess if Microsoft could earn high returns. Finally, the paper does an assessment of the vision and mission statements and concludes how the stakeholders influence the success of Microsoft.
nothing less than an overt threat to their cultures and ways of life. They equate
A successful organization recognizes its need to adapt changes to survive global competition. Locally and around the globe, mergers and acquisitions are becoming more common between companies. Mergers occur when two or more companies combine their operations and participate as equal partners in order to achieve strategic and business objectives (Sudarsanam, 2003). Sudarsanam, S 2003, Creating Value from Mergers and Acquisitions The Challenges An Integrated and International Perspective, Harlow FT Prentice Hall. An acquisition occurs when a company takes over a smaller company and gets control to determine how combined operations will be managed (Shook & Roth, 2010). Shook, L V & Roth,
Globalisation and global flows of culture have redefined the processes in which we share and connect to ourselves, others, and the world. From its onset, globalisation had both proponents’ and critics; some believed that it leads to a rich, hybrid global culture. Others saw it as the west versus the rest, an imprint of Western values and ideologies upon the world’s rich and diverse cultures. In exploring global flows of culture, we can observe these major assumptions about globalisation as well as its changing nature. New, ‘reverse’ cultural flows have begun to emerge and question these traditional assumptions. The case study of Japan’s ‘pink globalisation’ is one such reverse flow.
“Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas” as cited by Jack Welch N.D.
To ensure Tektronix's success, the ERP implementation was divided into five manageable sub-groups: (1) Financials, (2-4) Order Management/Accounts Receivable (OMAR) in the three divisions, and (5) the global rollout. Within the sub-groups, additional waves were created to ease into the system. For both the Financials and OMAR, Tektronix decided to implement the new system in the United States first. Though the ultimate goal was for location to be irrelevant in the system and processes required for an order to be completed, it was important that the company see the added-value of the implementation as it proceeded.
These days the world has become one village (Atcham, 1962). It is easy to communicate with any person, company no matter where their locality is and at any time in the many linguistic and it can be relating financials, politics, and culture. For instance, make directly contact to others through internet using international language.
With the globalization of a product, a company might benefit in many ways. First, by sifting its production or services overseas, the company can reduce its overall production costs due to availability of low-cost labor. Second, working collectively with other companies overseas allows companies to access technical knowledge or resources that are either unavailable or are too expensive at home.
Globalization is the increasing interconnectedness of people, places, and cultures throughout the world today. The effects of this homogenizing process that we call globalization can be seen in all aspects of life. From McDonalds being in almost every country, to the majority of North American clothes being made in periphery countries, to the technological ability that allows us to instantly communicate with people anywhere in the world, the effects are everywhere. Economically today, globalization has had both positive and negative effects around the world, with many similarities to colonization. Globalization has also led to increased poverty amongst the global periphery, and a specific group of winners and losers within this process of globalization.
Throughout the essay, I will be evaluating how globalisation and technology may influence future offices being paper-less and people-less and how communication is heavily influenced by technology.