formulation process and business model execution before the board panel. For me every working day with the team was a new learning experience. And I’m satisfied with my contribution to the group work and the operational skills of the team. The role I was assigned was chief human resource officer CHRO and the key responsibilities of my role comprised of promoting equality and diversity through company culture, monitoring the workforce performance through appraisals and evaluations, creating and enforcing employee
and governments need to cope with globalization since it forces them to cross borders more often and communicate or conduct business with people from other cultures. This process involves developing necessary skills for working effectively in the modern complex world. Actually, the ability of these leaders to work effectively not only requires the development of essential skills but the application of leadership principles in the global work environment. In essence, leaders must develop their
reduce the cost of doing business in foreign countries. Globalization offers huge potential profits to companies and nations but has been complicated by widely differing expectations, standards of living, cultures and values, and legal systems as well as unexpected global cause-and-effect linkages (Encyclopedia Britannica).” Globalization is a word in business that indicates the incorporation of an organization's operations, processes and strategies into various cultures, products, services and ideas
differs in cultural backgrounds, politic views, social and economic infrastructures, and business approaches. More so, international policies can also vary, affecting communications and standardizing processes. The goals of a global information system are identifying business opportunities in the global marketplace, justifying investment in the system, an information systems person must have technical and business expertise, and coordinating migration must be carefully done. Setting on a global scale
elements that any business and corporation must have and utilize. The numerous types of workplace diversity are what make us function so well both as a society and as effective businesses. The purpose to having a diverse workplace is to expand the knowledge and experience of all that are within that company. These diversity aspects are what make a successful and highly functioning work environment. Diverse workplace is critical because it embodies a compilation of all human ideas, cultures and backgrounds
INTRODUCTION Sony Corporation is a Japan-based multinational firm, which is engaged in electronics, entertainment, gaming consoles and software, music and financial services business. Over the years Sony has grown dramatically and obtained its status as a worldwide industry leader in technology, launching many unique products along the way (Reuters, 2014). In March 2005 to June 2009, 5.52% of the Japanese yen went through an appreciation against the US dollar. This was a situation where the company
with hiring and training new staffs. Moreover, organizations should focus on employees, because they are the driving force. Attracting and retaining employees must focus on the leader-member exchange theory (LMX), communication, action research and creating a sense of community. Leader-Member Exchange Leadership have been around ever since the beginning of time. Leadership theories evolved over a period of time. In the 1970’s the leader-member exchange theory appeared. The theory focused on the vertical
In today’s workplace teamwork is an essential part of success. We have more and more business that are incorporating teamwork in some type of way. They are effectively implementing ways on how to create effective teams, teamwork and team building. They are also creating a work culture that values collaboration. Teamwork, is about people working together and working towards reaching their common goal. In order for teamwork to be successful in the workplace it involves building a relationship and
of people, improving people’s standard of living and expanding the economy’s production possibilities frontier, but does it really improve of quality of life? We emphasize high hopes for less poverty, greater life expectancy, and fewer diseases by creating improvements. Economics and morality are both human action, morality contends what actions are right or wrong, where as economic inquiry wants to know the consequences of human actions. Economic science was a branch of moral philosophy built on
Collaboration is a working method whereby employees work together to a similar purpose of achieving a business benefit. Collaboration can also be the ability to operate together in business to enhance performance and results. The combination of a number of factors may assist or steer collaboration to attain business results, via empowerment and technology. Globalization is a quickly developing incorporation of economies and societies around the globe, leading to rising connectivity, combination