Management Strategies in the Context of Globalization

Environment generates uncertainty for any organization and its members. Uncertainty can be described as the lack of sufficient data by managers about certain environmental issues which they can use to predict changes in the environment and the needs for their organization. Uncertainty is influenced by numerous factors which also impact the organization and the magnitude to which the factors change. The concepts affecting change include; diverse labor force, globalization, collaboration, knowledge and ideas and lastly technology changes.

Globalization is described as global integration which results from the continuous exchange of ideas, products, and cultural facets as well as other views internationally. Globalization has been caused by advancement in transport systems, infrastructure and the technology segment. Internet discovery has greatly contributed to numerous integration in the trade sector. The invention of mobile devices has also contributed towards easy transfer of data and access of information my managers in many organizations (Barrows & Neely, 2012). Today managers are able to perform transact business across the world and network numerous ideas of how to improve on various areas in their organizations. Various organizations operations have been greatly affected by globalization forcing them to adapt to different changes for them to be competitive and profitable in the business world.

Technology change has both positive and negative changes on an organization. Technology change affects various aspects or any organizational environment. It increases uncertainty, competition in the market as well as diversity and the quality of products produced by any organization (Barrows & Neely, 2012). The organizations environment outside politics and legislative modifications increases its intricacy. This factors affects the structure of the organization and the established relationships between the clients and the employees. Change in technology causes major changes in the organizations managerial roles. It increases the management responsibility for the organization which requires more emphasis on decision making, coordination and planning (Barrows & Neely, 2012).

Managers are required to have knowledge about different internet based applications and this might affect their output as they are strained to be trained on computer based programs. This requires mores skills in strategic planning and the ability to evaluate numerous alternatives.

Knowledge and ideas are very important in determining changes of any organizations business environment. Managers should have a greater understanding of the needs of a customer, the business environment and how the employees are experienced. The ability of a business to grow successfully is determined by the ability of the managers to collect, share and exploit various opportunities available to them. Managers should have knowledge about the experience of their employees, the products and services produced by the company, future company plans and the organizations documents (Barrows & Neely, 2012). The kind of knowledge and ideas provided to managers by their employees is affected by their kind of leadership. Managers should be able to capture and exploit the available knowledge and ideas effectively.

Collaboration in an organization as it is a key factor to its success. Teamwork in an organization can advance the quality and speed of the employees as well as the overall productivity. The kind of management style adopted determines the success of the organization (Barrows & Neely, 2012). Collaboration of managers with employees improves business agility and it establishes better communication in the organization.

There is increase in diversity within the labor markets due to demographic variations. Diversity changes the number of available potential employees. There is a number of management practices that managers should adopt in order to be successful by valuing diversity. The aim of managing diversity is to improve interactions between employees, clients and the employers (Barrows & Neely, 2012). Organizations should value employees with different skills, needs and from different. They should also value the clients and the communities which they serve. Organizations need to adapt to various changes to able to react to various changes in the labor markets.

Reference

1. Barrows, E. & Neely, A. (2012). Managing Performance in Turbulent Times: Analytics and Insight. John Wiley & Sons, Inc.

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