Discuss about the Managing People In Organization.
According to Caligiuri & Tarique (2012), in today’s world , organizations are competing with each other on a broader platform. They are competing internationally, where it is quite important for the managers of the association to have a broad global mindset. Global leadership has become one of the important aspect while dealing with world business , social matters , human resource management and development of the company. Hence, the statement “To be successful in a global environment, international experiences outside the organisation are critical” is quite true in its perspective.
Each organization is facing a lot of competition at a global level. This has raised its number of competitors and the demand for an efficient functioning of the association has been of crucial importance. Being in such an environment, it is very important for the association to be versatile in nature. The organization must be able to handle the matters with greater efficiency thereby dealing with the rest of the world with ease. In this essay , in order to support the statement, example of the Amazon would be considered in order to analyze the international experiences and globalised environment of the company.
In a fast developing 21st century, it is quite essential for an organization to have a global mindset. The firm needs to sustain in an environment where multiple cultures and variation in needs and motives of the customers have to be dealt with. Amazon , is an American organization with its headquarters in Seattle, Washington (Stake 2013). Amazon has been ranked as one of the top retailers who is retailing all kinds of consumer goods worldwide (Iakovou, Kanavos & Tsakalidis, 2016). In an advanced technological world and a huge competitive environment, it is quite important for a company like Amazon to be globally well aware of the world around itself. It is necessary for such an association to have complete knowledge of the outside world in which the company deals with.
Amazon deals with localized storefronts in 14 countries with top level domains in retail marketing. It is considered as one of the most flourished retail online store of the century. There are many reasons for the efficient functioning of the company, yet one of the most important reason is that the company has an extensive knowledge regarding the international experiences outside the organization. The company knows how they must raise their standards and revenue at different country domains. They have a thorough research done on the cultural differences and the standard and way of living of the people (Slack, Brandon-Jones & Johnston , 2013).
Amazon has a global mindset which provides the company with the ability to combine speed and accuracy of response from the customers. This provides the association with competitive advantages. With the knowledge of the world, it helps the company to identify the emerging opportunities of the society in various regions. Thereby, permits the organization to fulfil the demands of the customers with greater efficiency and accuracy. With greater sophistication and advanced analysis of the trade-offs between local adoption and global standardization, Amazon can analyze the situation in an advanced manner rather than those companies who only deal with the complexities within the organization (Wilson et al., 2012).
As per Peng (2016),Amazon has widespread distributing hubs across the world, where it gets easier to deliver the goods to the customers with greater efficiency. Dealing with a wide variety of products , Amazon experiences a faster roll out of concepts and technologies. It has a well maintained three layered inventory system that has helped the company to achieve the standard of maintaining the stocks and products. Increasing the level of technological implementation in its business has helped the company in its advancement and position. It has upgraded its quality by observing and gaining experience regarding these matters globally. Amazon runs on oracle and java, that has been one of the important software used worldwide in dealing with online retail matters.
Amazon has close ties with many foreign organizations that often help the company in overcoming the “arrogance trap”. With the help of people and knowledge around the world, it is quite easier for the organization to gain a well acknowledged system that can help the company to develop various methods from their experiences gained globally. Amazon has cultural knowledge of various economies that provides them with the scope of planning a successful strategic plan. This helps the association to transform their plans into action that would result in fulfilling the needs of the customers with accuracy (Dunning, 2012).
With the experience of the world, a company knows the exact need of the hour. Organizations with managers who can communicate effectively across different countries and cultures are able to balance and manage the work better than those who do not have the experience of the world. By coordinating several countries, an organization like Amazon , has enough experience regarding the behaviours and work styles of the people. This helps them to build the trust of the customers by coordinating them in their own way.
According to Ferraro & Brody (2015), dealing with a broad chain of customers, suppliers, distributors, producers and professionals, it is quite important for Amazon to have a complete knowledge of all the stakeholders. This enables the company to improve the relation with its stakeholders that would upgrade their business and raise their marginal profit. Customer satisfaction, staff productivity, efficient distributors, mergers and acquisitions and better managerial facilities, helps the company to raise the level of the company. The ideal situation can be only achieved if the organization has a vast source of information and experience about all the stakeholders. Limiting themselves to a bounded society within the organization would never help the company to achieve the peak of success.
Economic activity and the information regarding the economic perspective of the world help the company to analyze the consequences of economic liberty, technology, capital, development, and demographic changes. This further provides the association with ample of opportunities to lay its future plans that would give a scope for further expansion and growth in the global market. Amazon is one such association that has gained information regarding various economies in which it deals with, thereby it helps the association to analyze the situation well and then perform there respective planned strategies (Ball, Geringer ,Minor & McNett ,2012).
Every big and medium sized companies are searching for new opportunities in every corner of the world. A successful organization is efficient in exploiting the opportunities and managing the challenges with an efficient and upgraded manner. An efficient association is that which has complete knowledge and experience of the globe. It helps the company to act with greater effectiveness.
As stated by Beamish (2013), Amazon has a well developed global mindset that deals with online retailing worldwide. It has been named as one of the top rated online retailing company with a wide spread business. The company not only has an network and connections that leverage the mindset of the organization. It has helped the company not only to develop a global standard but, it has also deepen the understanding of cultural differences. Companies that have restricted themselves to the local diversities of cultures have not been able to efficiently lay the foundation of a successful business. It has created many drawbacks for the company that have hampered the smooth functioning of the association , by acting as a inhibitor to pace the growth. Therefore, to be successful in a global environment, international experiences outside the organisation are very important for the success of the organization.
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Ferraro, G., & Brody, E. K. (2015). Cultural Dimension of Global Business. Routledge.
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