Bài giảng Management: A Pacific Rim Focus - Chapter 18 International management

CHAPTER 18INTERNATIONAL MANAGEMENT1© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Lecture outlineNature of international managementAssessing the international environmentGauging strategic issuesOrganising international businessAdapting to cultural differencesSocial responsibility & ethical issues2© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Nature of international managementInternational business Profit related activities conducted across international boundaries.International management Process of planning, leading, organising and controlling in organisations engaged in international business.3© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Nature of international management Organisations engaging in international management:‘Organisations engaging in international management vary in size and the extent that their business activities cross international boundaries’.MULTINATIONAL CORPORATION (MNC)4© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Nature of international managementOrientations towards international management:EthnocentricPolycentricRegiocentricGeocentric5© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Nature of international managementOrientations towards international management:Ethnocentric(home-country)orientationGeocentric(world)orientationRegiocentric(regional)orientationPolycentric (host-country)orientation6© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Assessing the international environmentAssessing the international environment:Environmental elements Economic Legal-political Socio-cultural Technological.Competitive advantage of nations Concept that environmental elements within a nation can foster innovation in certain industries, thereby increasing prospects for the success of home-based companies operating internationally.7© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Assessing the international environmentEconomicElementLess developedcountries (LCDs)Developed countriesNewly industrialisedcountries (NICs)InfrastructureBalance of paymentsBalance ofTradeExchangeRate8© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Assessing the international environmentLegal-PoliticalElementExpropriationPolitical riskIndigenisationlawsTariffsAdministrativeprotectionsImportquotas9© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Assessing the international environmentSocioculturalelementCultural differencesIndividualism-collectivismShort-termorientationLong-termorientationAchievement-nurturingorientationTechnologicalelementTechnologicaltransferPower distance10© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Gauging strategic issuesMethods of international entry Exporting, licensing, strategic alliances, wholly-owned subsidiariesMultinational corporation strategies World-wide integration National responsiveness Regional responsiveness Multifocal emphasis11© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Gauging strategic issuesMethods ofinternationalEntryExportingLicensingStrategicallianceWholly-ownedsubsidiaryMethods ofinternationalentryGlobalisationNationalresponsivenessRegionalresponsivenessMultifocalemphasis12© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Organising international businessWorld-wide functional divisionsWorld-wide product divisionsInternational divisionsGeographic regionsGlobal matrixNetworked structure13© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Adapting to cultural differences ManaginginternationalhumanresourcesAssignment policiesRepatriationSelection & trainingRecruitmentAdjustingLeadershipstyles14© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Social responsibility & ethical issuespolitical paymentsbribesextortionsales commissionsQuestionable paymentissuesexpeditingpaymentsInternationalSocialresponsibility15© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Lecture summaryNature of international management Orientations: ethnocentric, polycentric, geocentric, regiocentricAssessing the international environment Environmental elements, competitive advantage of nationsGauging strategic issues Methods of international entry, multinational strategies16© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.Lecture summaryOrganising international business Divisions: functional, product, international Global matrix, network structureAdapting to cultural differences International human resources Adjusting leadership styleSocial responsibility & ethical issues International social responsibility Questionable payments17© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George Sansbury.