ch03_Globalization0.ppt

ch03_Globalization0.ppt - 3-1Michael A. HittC. Chet...

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Unformatted text preview: 3-1Michael A. HittC. Chet MillerAdrienne ColellaChapter 3Organizational Organizational Behavior in aBehavior in aGlobal ContextGlobal ContextSlides by Ralph R. Braithwaite3-2McDonalds McDonalds Thinks Globally andThinks Globally andActs LocallyActs LocallyWhat are your thoughts on McDonalds approach to international business?What about their concept of thinking globally but acting locally. Why is it a good idea?What can other businesses learn from McDonalds example?Exploring Behavior in Action3-3Forces of GlobalizationForces of GlobalizationGlobalization The trend toward a unified global economy involving free trade and a free flow of capital between countriesProducts, services, people, technologies, and financial capital move relatively freely across national bordersTariffs, currency laws, travel restrictions, immigration restrictions, and other barriers to these international flows become less difficult to manageUnified world market in which to sell products and services, and acquire resources3-4CultureCultureShared values and taken-for-granted assumptions that govern acceptable behavior and thought patterns in a country and that give a country much of its uniqueness.Thoughts?Many fear that unique cultures around the world will disappear over time if the world becomes one unified market for goods and services.3-5Opportunities and ChallengesOpportunities and ChallengesExhibit 3-1: Opportunities and Challenges for Firms with International InvolvementDiversification of RiskChallengesChallengesPolitical RisksPolitical RisksEconomic RisksEconomic RisksManagerial RisksManagerial RisksGrowthGrowthLocation AdvantagesLocation AdvantagesOpportunitiesOpportunitiesEconomiesof Scale3-6RisksRisksPolitical RisksEconomic RisksManagerial Risks3-7Internationally Focused JobsInternationally Focused JobsIndividual IssuesVirtual TeamsSwift TrustWell suited to associates who thrive on challengeTypically member of geographically dispersed teams3-8Dont attempt to identify anothers culture too quickly...
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ch03_Globalization0.ppt - 3-1Michael A. HittC. Chet...

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