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MGMT20144 Management And Business Context

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Answer:

Introduction

In this assignment, it has been stated that the strategies relating to regionalization might take a considerable amount of time for getting implemented. 

Organizations do the establishment of  their functions in a particular area prior to their extension to other areas developing into global organizations.

Identification and Discussion of the main issues

The main issues relating to the contextual factor of regionalization that are affecting Manbulloo are mentioned as under.  

These four factors are having an interrelation. 

The strategies relating to regionalization might take a significant amount of time for getting implemented

Alternative Business Practice Options

For improving the performance of the organization, Manbulloo could do the adoption of certain strategic aspects that are mentioned as under, 

The Home Base Strategy – Keeping aside a very limited number of organizations that are virtually born global, other companies do the commencement of their global expansion by providing service to the foreign markets.

The Portfolio Strategy – This strategy does the involvement of setting up or attaining operational aspects outside the home region that does a direct reporting to the home base(Rosemann, 2015).

The Hub Strategy – Organizations that are trying to seek the addition of value at the regional stage in a frequent manner initiate through the adoption of this strategic aspect.

This strategy is having the involvement of building regional bases, or hubs that will be providing various shared resources as well as services to the local operational aspects (Rosemann, 2015).

The Platform Strategy – These strategic aspects move a step further through the spreading of fixed costs across different areas (Lindberg, 2013).

The Mandate Strategy – This strategic aspect is concentrating upon the economies of specialization and scale. 

The opportunity in respect of mandates normally rises with the level of product standardization across the globe, although this strategic aspect is having the involvement of deploying focused resources at the regional as well as local stages (Alexander, 2013).

Recommended Actions to be taken

The various actions that should be taken by Manbulloo for improving the performance of the organization in respect of regionalization are to follow certain strategic aspects. 

These are considered as the home base strategic aspect, the portfolio strategic aspect, the hub strategic aspect, the platform strategic aspect as well as the mandate strategic aspect. (Geppert, 2016)

Conclusion

To conclude, it can be stated that there has been the identification as well as discussion of the major issues in relation to the contextual factor of regionalization that are influencing Manbulloo. 

There has also been the exploration as well as discussion of the alternative business practice options pertinent to regionalization that Manbulloo might adopt for improving the performance of the organization.

Reference

Alexander, K. (Ed.). (2013). Facilities management: theory and practice. Routledge.

Argenti, P. A. (2015). Corporate communication. McGraw-Hill Higher Education.

Bryman, A., & Bell, E. (2015). Business research methods. Oxford University Press, USA.

Carroll, A., & Buchholtz, A. (2014). Business and society: Ethics, sustainability, and stakeholder management. Nelson Education.

Geppert, M., Matten, D., & Williams, K. (Eds.). (2016). Challenges for European management in a global context: Experiences from Britain and Germany. Springer.

Jeston, J., & Nelis, J. (2014). Business process management. Routledge

Lankoski, L. (2016). Alternative conceptions of sustainability in a business context. Journal of Cleaner Production, 139, 847-857.

Lindberg, P., Voss, C. A., & Blackmon, K. L. (Eds.). (2013). International manufacturing strategies: context, content and change. Springer Science & Business Media.

Naldi, L., Cennamo, C., Corbetta, G., & Gomez?Mejia, L. (2013). Preserving socioemotional wealth in family firms: Asset or liability? The moderating role of business context. Entrepreneurship Theory and Practice, 37(6), 1341-1360.

Rosemann, M., & vom Brocke, J. (2015). The six core elements of business process management. In Handbook on business process management 1 (pp. 105-122). Springer Berlin Heidelberg.

Wheelen, T. L., & Hunger, J. D. (2017). Strategic management and business policy. pearson.
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