The Laws of Globalization Free-Samples - Myassignmenthelp.com

Questions: 1.Discuss about the Corporate Culture and Strategy. 2.Why do you think People;s definition of culture may vary? 3.Which Definition of Culture do you agree with most and why? Answers: Structure and Strategy 1.The use of strategy has rapidly being a science of behavior in the modern world. The best strategies that are present in the theories are practiced on a mediocre basis so that the execution can be aligned in a proper manner. The ability of the managers to influence the behavior and to realize the goals of the company helps in building a competitive advantage of the organization. The capability-based strategies help an organization to compete successfully so that they can build the organizational capabilities that are hard to imitate. Mergers and acquisitions will help in realizing the values, as it depends on the integration and organizational disruption (Baker 2014). Strategies are even used in branding as the companies try not to brand their product only but also brand an entire customer experience. The delivery that is effective in brand experiencing depends on the employees that are on the frontline such as sales associates and telemarketers, who are paid less in the organization. The uses of strategies help in creating new organizational models, which helps the companies to shift their flat hierarchies and autonomous teams. The managers of most of the organizations admit to the fact that balancing the behavior of the organization with strategies is important (Boos 2014). The Boston Consulting Group helps in identifying the concepts and principles of the managerial decision-making with respect to different varieties in context of the business in the real world. It helps in ensuring the behavior of the employees of the company with the goals of the strategy. From the video, it can be seen that Morieux has stated the modern enigmas that he has encountered that the level of productivity is not good in whichever companies that he had worked for, having all the technological advancements. He also noticed that there are little engagement of the employees that were present in the organization (Fullan 2015). He went on to state that the solutions that help in tackling these issues are known as pillars according to him. The organizations can use the hard way by creating or changing the structures or the soft way, which will include the sentiments and interpersonal traits. He referred to these pillars as obsolete. He further added that if the organization wants to cater to the new requirements, then it will add a new layer of responsibility and rules. It will only increase the cost of the organization, which will have no real impact on the organization. This extra cost is compensated by the extra effort that the employees put in to the organization (Vine 2016). The structural approach according to Morieux is based on simple rules such as the reinforcement of the integrators where the integrators are the managers and they have to reinforce the powers that they have so that the employees can cooperate and work in harmony. The managers need to reward the employees that have cooperated in making the activity successful and take strict action against those who hampers the level of cooperation (Fullan 2015). 2.The advent of technology and the facilities that have been introduced due to technology like the internet and the phone calls have made everything the reach of every individual. Nothing is out of reach for the people who are living in this world as the world is shrinking and the entire world in coming within the palms of the individuals (Hirst, Thompson and Bromley 2015). Professor Ghemawat has shed light on the idea of shrinking world and the idea that the world is now a local place. According to Ghemawat, the world cannot be put into any category of being global and local. The companies that are present in this world should be able to adjust themselves with the differences and the similarities present in the world. Adaptation, aggregation and arbitrage are some of the steps that should be taken into consideration by the companies so that they are able to adjust to the changing environment of the world (Fujita and Thisse 2013). As the term adaptation suggests, it talks about adapt ing to the changes of the works. Aggregations talks about various methods by the companies to overcome the differences in the world and arbitrages is the method of exploitation of the differences in the world. The idea of Professor Ghemawat is quite different from the idea of rest of the world. When many critics think globalization has made the world flat, Professor Ghemawat has introduced the term, Globanomey (Ghemawat 2016). Professor Ghemawat has introduced the idea that the Facebook users involve 25% of the total users. Professor Ghemawat opposes the idea of globalization in every step. The people has become friends with each other due to the social networking sites. Hence, the idea that the world has become flat does not apply in this case. On the other hand, Professor Ghemawat points out that only 2% of the students move out of their country for pursuing higher education in international countries. Hence, as put forward by many critics that people are moving out of the country more due to globalization is again not supported by Professor Ghemawat. 3.After going through the concept of Professor Ghemawat and comparing the concept of other critics, it can be said that at many points the concept of globalization is not correct (Beck 2015). The most biggest example is the case of Jamaica. The travel and tourism industry of Jamaica is improving due to globalization. However, the country has been providing a extravagant image to the tourists who are coming to the country. The image that is being presented t the people of the country us not similar to the picture of the country. The main reason for taking such an action is to increase the trade and the pressure of debt. There are inequality in county and the IMF would not have been helpful but it was not fruitful as the country is dependent on the United States Reference List Baker, M.J., 2014.Marketing strategy and management. Palgrave Macmillan. Beck, U., 2015.What is globalization?. John Wiley Sons. Bs, E., 2014. Strategy shapers: A case study of leading strategy consultancies' views on strategy. Fujita, M. and Thisse, J.F., 2013.Economics of agglomeration: cities, industrial location, and globalization. Cambridge university press. Fullan, M., 2015.Freedom to change: Four strategies to put your inner drive into overdrive. John Wiley Sons. Ghemawat, P., 2016.The Laws of Globalization and Business Applications. Cambridge University Press. Hirst, P., Thompson, G. and Bromley, S., 2015.Globalization in question. John Wiley Sons. Vine, N., 2016.How Can We Make This Happen?: Successful Change Through Incentives a