Business Management – SWOT and Knowledge Management w/Citations – Due Fri 11/12
Easy Chair Memo
To: Dwight Rickenbacker, Ike Omar
From: Kyami Clarke
CC: Amer Yaqub
Date: Wednesday, November 10, 2021
Re: Easy Chair ``Manufacturing Abroad
Due to the profound changes in the business field, many business entities have sought the global mindset. Understandably, pursuing the global mindset has been made easier through the use of technology. Over time, businesses have grown internationally simply through embracing technology. For Easy Chairs to embrace international marketing and expand their manufacturing operations abroad, the managers should consider the following.
The planning and decision-making process, organizing process, leading process, Staffing and controlling process are fundamental. Easy Chair managers should be able to make quality decisions regarding their plans. In Planning Easy Chairs should choose the appropriate strategies and actions and the resources to achieve its goals and objectives of manufacturing abroad. The organizing process mostly involves worker engagement and relationships (Gleeson, 2017). Workers, therefore, need to work together to achieve organizational goals. According to Peter Drucker's management principle, the leading process requires managers to have desirable leadership qualities. Easy Chairs managers should be able to motivate, inspire and create good communication with their employees. Additionally, the management should ensure proper division of labour and specialization when staffing (Trapp, 2014). Lastly, in the controlling process, the managers should ensure monitoring and evaluation to help achieve their set goals of manufacturing abroad.
To achieve global manufacturing goals, I would advise Easy Chairs managers to ensure skills such as cultural knowledge. This is a critical area as culture clash hinders business growth (Colvin, 2006). Culture knowledge can be attained through social rules, ethics and norms, political systems, history and beliefs. Flexibility and adaptability are key too. This would be helpful when it comes to quality production. The managers must learn to adapt fast (Gleeson, 2017). If the quality aspect is a threat in the USA, then the necessary courses of actions should be anticipated. Similarly, on the fear of business becoming too large to handle, I propose that Proper effective management skills such as effective communication and balance be embraced. Additionally, curiosity is a critical skill in developing a global mindset. The art of spreading risks as a leader and an investor is encouraged. It is through curiosity that attempts are made.
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Generally, Easy Chairs should consider manufacturing abroad in cities as compared to rural. Understandably, this is because the cities cover a wider marketing scope hence popularity as compared to rural areas. Research has it that there are 61% machine experts in the USA. The following are some of the advantages of going global; learning and adapting new methods. Carrying out business in many countries helps in learning different approaches and cultures (Cavusgil, Knight, Riesenberger, Rammal, & Rose, 2014). Similarly, going global reduces the vulnerabilities that may be associated with a given country. In case of disastrous events in a given country, the business still stands a chance in another country (Cavusgil, Knight, Riesenberger, Rammal, & Rose, 2014). Growth opportunity and lesser competition are equally associated with business globalization. However, the major disadvantages associated with manufacturing abroad are the language barriers, cultural differences, employees and quality aspects. Nevertheless, cultural, language and quality challenges can be embraced gradually and necessary courses of action taken to help the business fit through aggressive and focused management.
Bibliography
Cavusgil, T. S., Knight, G., Riesenberger, J. R., Rammal, H. G., & Rose, E. L. (2014). Part 4 Entering and operating in international markets. In International Business (pp. 393-516). Australia: Pearson Australia. Retrieved May 20, 2021, from https://books.google.co.ke/books?id=KcSaBQAAQBAJ&pg=PA1&dq=advantage s+and+disadvantages+of+global+business&lr=&source=gbs_toc_r&cad=3#v=on epage&q=advantages%20and%20disadvantages%20of%20global%20business&f =false
Colvin, G. (2006, October 2). Managing in chaos. Fortune, 154(7). Retrieved May 2, 2021, from https://archive.fortune.com/magazines/fortune/fortune_archive/2006/10/02/83874 17/index.htm
Gleeson, B. (2017, March 27). The Future Of Leadership And Management In The 21st- Century Organization. Retrieved May 20, 2021, from Forbes: https://www.forbes.com/sites/brentgleeson/2017/03/27/the-future-of-leadership- and-management-in-the-21st-century-organization/?sh=9317af3218ff
Trapp, R. (2014, March 23). Successful Organizations Need Leaders At All Levels. Retrieved May 20, 2021, from Forbes: https://www.forbes.com/sites/rogertrapp/2014/03/23/organizations-need-leaders- at-all-levels/?sh=10249a743ab1
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- Bibliography