Managing multinational organizations and teams

8 important questions on Managing multinational organizations and teams

Enrty mode decisions

  • Foreign direct investment
  • international joint ventures
  • International exchange

MNC management: global strategies

  • Liability of foreignness (time to learn, distance, etc)
  • International diversification strategy

International strategic HRM

issues arising from the internationalization of business, and HRM strategies, policies and practices which firms pursue in response to the internationalization process
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Strategic alliances advantages

  • Learning from local partners
  • access to scare resources
  • succes factors  (trust, clear goals, parent compatability, commitment, win win relationship)

Market entries: MNC

  • First mover advantages
  • M&A
  • Local partnership local firms want to acquire advantages over domestic rivals
  • Dominant foreign control

Market entries: SOEs

  • Institutional advanages or constraints
  • Boundary blurring strategy (alliances, networks, foreign firms)

Market entries: Start-ups

  • Cannot compete on tangible resources
  • Intangible resourcefulness: doing more with less
  • Entrepreneurs translate interpersonal ties with managers, government into organizational performance (when formal institutional environment is weak, social capital is salient in economic exchange)

China market: Guanxi

  • Personal connection
  • One person perform a favour to another and is doing that also in the future
  • Identify and satisfy other party's greatest needs and desires

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