Impact Of Globalization On Global Decision Making

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Globalization, as one of today 's controversial issues, can be defined as the increasing integration of economics, societies and civilizations. It includes and goes beyond, the more simple internationalization defined as relations among and within Nations.Globalization is the restructuring process that works across units and affects all aspects of human life: from capital flows, through political collaboration, to the flow of ideas.It also includes environmental pollution, criminal behavior,disease and ultimately terror.Travel and Tourism are among the many causes and results of globalization processes. There is a huge body of literature on internationalization from the point of the individual enterprise,Pugh and Plath (2003). Johanson and…show more content…
This paper explores the global decision-making processes of global managers. The first element examined is the multiple intelligence that global managers need to be able to address the issues associated with global decisions. These eight IQs are considered critical elements in the decision-making capabilities of global managers. Following this discussion, the composition of global groups and their impact on the decision-making process is explored to determine how the composition of the group inhibits/supports the global manager. The next step in the decision-making process discussed in the paper is that of the nature of the task(s). The type of task can have a direct impact on the effectiveness as well as the efficiency of global manager 's decision-making. The crux of the issue is that a global orientation to decision-making is poised as being significantly different from decision processes use by managers in a multinational…show more content…
In countries like the United States and Singapore, the answer is yes. Organizations in these countries use employee training and development to help people improve their skills and performance. In countries like Russia and Greece, however, family and background count for more than performance. Uncertainty Avoidance Life often brings unpredictable events, and with them anxiety. Uncertainty avoidance reflects the extent to which members of a society attempt to cope with anxiety by minimizing uncertainty. Should you establish rules, procedures, and social norms to help your employees deal with uncertainty? In countries where uncertainty avoidance is high, like Brazil and Switzerland, the answer is yes. People in such societies want strict rules, laws, and policies to eliminate or control the unexpected. Employees in these countries tend to seek order, consistency, and structure. Countries with low uncertainty avoidance, in contrast, are less rule-oriented. They tolerate a variety of opinions and are open to change and taking risks. Countries with low uncertainty avoidance include Hong Kong and Malaysia
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