Project in the span of “Global Comparative Management” Such as Comparing the management style of any local company in UAE with another company outside UAE.
Abstract
Global comparative management in the international business operations helps in providing the better view to international management and which is based on the different issues of management, labour relations and also the organizational relations in the different various countries. It assists in the process of analyzing and understanding of the various social and also the economic phenomena. The UAE is one of the rising business stars and which has emerged to be the key business as well as the political player. The continuance of the global influx creates the business giants in the international market and which is highly influenced by the management of the organization in a particular country. In the country that has a resounding success in their way of adopting the available business opportunity. The success and growth of the business have created concomitant effects.
1.Introduction
1.1 Background information
Global comparative management is the field of the enquiries that mainly focuses on the differences that hold in the organization as well as between different countries. There is much need for one to study the usefulness of studying organization and its management in the international context. The global comparative management aids in the comparison and which is much impactful in enhancing and understanding of the social phenomena and which is a valuable tool for the scientific researches. In the simpler worlds, the Global Comparative management is defined to be the means through which it identifies, measures and interprets most of the common things and still differences between the behaviour of the different managers and their technique that are adopted in the different countries. Its main aim has to focus on the business and also the management from the various dimensions (Nath & Sadhu, 1988). The universal definition of this is that it is the study of the principles of management and also their application in different countries.
1.2 Problem statement
Most of the international companies use various policies and also various strategies for comparison for the sake of remaining in the global competition. Behold the fact that the current organization there is innovation the comparative management has continuously accelerated due to the advancement of technologies and also the growing of the competition in the world. The growth of the comparative advantage from the various organizations depends on the company management understanding the potential opportunities that also exist the optimum usage of resources. Company gaining the organization’s competitiveness is much based on the management capacity to form strategies. How best this strategy will be implemented, Therefore, there is need to study for the management in the different nature and also in the various environments and which identifies some of the critical observations from the different countries.
1.3 Research gap and contribution
Due to the tremendous change in technology, the field of management has greatly advanced. With these great changes, management has expanded over the international level. There has been little done in the rising business and countries, and a good example is UAE. This paper will discuss global comparative management in the perspectives of the UAE.
The paper is divided into a different section; the first section is the background information of the research paper, the problem statement and also the contribution of the paper. The second section is the literature review of the paper. The third section is methodologies applied, whereas section four provides the discussion and lastly; the last section is the conclusion of the paper.
Literature Review
2.1. Scope of Global
The scope of the global comparative management is very wide because when conducting the international business, there is much need for the know-how of the managerial functions of the other countries. The Global comparative management, therefore, helps in knowing of the differences between the companies as well as that of the other countries that are related to the managerial and cultural constraints and which helps to run the business smoothly (Nath,1988). By the management understanding, the economies of the countries participating can help in the growth of the healthy relationships between the different countries. The general scope of the Global comparative management entails:
Authority centralization: the differences of culture has mainly been caused by centralization of the authority which occur in the business due to the centralized form of the authority and which are much crucial in the decisions making between the senior managers with the downward authority in every organization hierarchy (Tomescu -Dumitrescu, 2017).
Risk tolerance Degree: The different culture is always faced by the different levels of uncertainties and the risks and which are only manageable by the managers of the organization comfortably.
The systems reward: The different organizations have a different rewarding system. Most of the organization are much motivated in ensuring that individual performance in every business has the incentives to reward the collective group and which is based on the group performance.
Formality level: Every organization have the different level of the formal management and which relies much on the different cause of the organization and which is crucial for every management operating globally to study the comparative management (Stratton, 1997).
Loyalty to a particular organization: The loyalty of employees is always inclined towards a particular group of a specific employer for the whole organization.
Cooperation level: The cooperation of the employees and the mangers of a company varies from company to company ad also from one country to another and which therefore encourages competition among the employees and the managers to attain their company objectives.
2.2. Need to Study Comparative Management
The Global comparative management is a very key field in the international business and whereby it assists to compare and understand on how to conduct the research. This field Is also much critical in designing the policies applicable by their countries; this is because the skills and the knowledge of every specific country are different from the other. The key reason s to study Global comparative management are (Stratton, 1997).
Transferability assessment: This is most of the times helps in knowing the situations as well as the problem which may arise in an organization. This thereafter helps to handle the problems and effectively solve them (Porter,1980).
To be able to identify the impacts of environmental constraints: Comparative management is much helpful in the process of identifying, describing and predictions of the environment, which is created by the organization. It mainly helps to cope with the competitive environment (Adler & Graham, 1989).
Developing of Guidelines: it helps in the development of dictatorial recommendations which most of the companies uses as the basis for the actions by the management of an organization. It mainly helps in suggesting the need to form the new strategies of an organization.
Assist in the policies formulation: The comparative management helps in the policies formulation and whereby the FDI investing have some policies to follow (Shenkar,2004).
It adds on the cross-cultural knowledge in the management: These helps in focusing on the related issues to that of leadership, which is related to the cross-culture and the employees’ attitude of an organization.
2.3. Conclusion
Global comparative management in the international business operations helps in providing the better view to international management and which is based on the different issues of management, labour relations and also the organizational relations in the different various countries. It assists in the process of analyzing and understanding of the various social and also the economic phenomena. The comparative management helps in dealing with the different management of various countries and the effect they have on international Business (Porter,1980).
3. Methodologies
The paper part of the methodology included various literature conducted on the topic of global comparative management. This is supported by the literature review from different researchers on this field.
4.0 Discussion
The UAE is one of the rising business stars and which has emerged to be the key business as well as the political player. The continuance of the global influx creates the business giants in the international market and which is highly influenced by the management of the organization in a particular country. In the country that has a resounding success in their way of adopting the available business opportunity. The success and growth of the business have created concomitant effects (Kogut, 2000). Overall, UAE is known for its enticing business environment and whereby the management and even the other business from the different countries have a liberal lifestyle and therefore, able to take on the business opportunities. In the UAE, the foreign business also has various opportunities in different sectors, for example, trade services, entertainment, manufacturing, health services, financial sectors and the education services (Adler, 1983).
Comparative management advertising and promotions strategies differ much around the world and of which in response to the national and regional market of UK there is distinguished regional marketing as well as communications environment (Tiwsakul & Hackley, 2006). The economic history, language and consumer culture also the broadcasting infrastructure as well as the legal, regulatory environments create a contrasting priority for the different agencies and also the clients. This has been much applicable even in the situation of purchasing of the product outside the UK (Hackley & Kover, 2007).
5.0 Conclusion
The emergence of global comparative management takes place in enterprises that are multinationals in today’s world. It is seen as a measure used to identify the measures and as well as interpret the variations of the commonality in the various countries. This is simple terms is just the study of management in different environments and also its analysis. With the current trend of adoption of the technology, it has turned out to be much easy to transfer a business operation from one country to another (Dess & Davis, 1984). This can be termed to be a cognitive process; this is because it helps in determining the firm’s capacity to make its strategies as well as manage to implement them. In the task related to the trade, the managers will be required to work as a foreign workforce for the sake of understanding the foreign countries managers. Comparative management is much beneficial because it helps in observing the foreign culture and also in the making of the company crucial decision. Innovative and new methods are realized and which helps in improving management.