Globalization And Its Impact On Organization 1n3w4y

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Globalization and its historical background Effects of globalization What is an Organization Effects of globalization on organizations What is Project GLOBE

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Globalization means ³International Integration³.

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It is the process of unification of the whole world, which can be in of:

Economic unification Social unification Cultural unification Technological unification and much more«««

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Globalization is not new phenomena. For thousands of years, people and civilizations have been buying from and selling to each other in lands at great distances, such as through the famed Silk Road

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The advent of globalization can be divided into 3 eras : Pre-World War Era During World Wars Post world War Era

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 group of 2 or more people who work together in a structured way to achieve a specific set of goals. For example -: a musical group, a cricket team or a civic organization etc. What is a Goal ? Purpose that an organization strives to achieve. 0 It can vary from entertaining an audience to selling a product ± depends on the organization 0

The advent of Globalization has entirely changed the way in which an organization performs. Some of these are: 0 Change in Planning strategy 0 Change in Leadership strategy 0 Change in Structure

The various factors which resulted in these changes are: 0 Cross cultural differences 0 Workforce diversity 0 vailability of level playing field 0 Emergence of global managers

Going global requires ´an assessment of your plansµ. V There isn·t a è

èstrategy V Ô ery business requires approaches that should be backed by V ëor example: Case of Apollo International in China (2002) V

Ômergence of Global Managers V A manager who can understand and respond to the needs of International Business V rey attributes of a Global Manager: V

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Geocentric mindset Sensiti ity to different cultures Mental toughness Thorough understanding of company's corporate purpose Interpersonal and communication skills Willingness to tra el frequently

Selection of a manger depends on the type of market also. Î Ômerging markets ëlexibility, entrepreneurship Î áarge markets Strong public relations skills Î Slow growing markets methodical approach, analytical

3 acquired knowledge used to interpret experience and generate social beha ior ; it is acquired by and V j Similarities and differences among employees in of age, cultural background, physical abilities and disabilities, race, religion, sex, and sexual orientation. V

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Difficulties in policy deg & implementation

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Dimensions of Organizational Culture gi en by Geert Hofstede: ü j



Structural changes

Process changes

Human resources change

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GáOBÔ stands for ¶ Global áeadership & Organizational Beha ior Ôffecti eness ¶ ² a cross cultural research effort.

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Concei ed by Robert J. House in 1991, GáOBÔ in ol es : 0 170 ¶country co-in estigators· 0 62 Societal cultures & 10 Societal Clusters 0 Collection of data from 17,300 middle managers from 951 organizations 0 27 research hypothesis were tested

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3 phases of GáOBÔ research project : 0 Phase I - the de elopment of research instruments 0 Phase II - assessed nine cultural dimensions, of both societal and organizational cultures & their impact on societal cultures 0 Phase III - Study of effecti eness of specific leader beha iors on subordinates· attitudes and performance.

3 - All the business-oriented societies ranging from Albania to Zimbabwe are di ided into 62 groups V ëurther grouped into 10 Societal clusters V

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ù Performance Orientation ù Uncertainty A oidance ù Humane Orientation ù Gender Ôgalitarianism ù ëuture Orientation ù Power Distance ù Institutional Collecti ism ù In-Group Collecti ism ù Asserti eness V conceptualized in two ways: O or and w or