Managing in a Global Environment

While managing in a global environment, it is extremely critical to be wary of the different circumstances of other nations. As I've stated in previous posts, every country is becoming more interconnected with one another to the point that we live in a "borderless world." As stated by Daft & Marcic, we have seen implications such as "trade barriers fall, communication becomes faster and cheaper, and consumer tastes in everything from clothing to cellular phone converge." (Daft & Marcic, p. 96) This means that businesses have to decide what aspects of the business will be more efficient in what countries. As both a manager and an organization, I will need to decide where to open up new locations based on the consumer base, and the cost of employment in these places. As a manager, it is also important to note that with a more global environment comes a more diverse workforce. Said by Tsedal Neely in his Harvard Business Review article, "the number of people in the global labor force will reach 3.5 billion by 2030." (Neeley) Employees from all different backgrounds will be interacting with one another and it is my job as the manager to make sure that everyone is being heard. With people from all types of backgrounds, innovation has the potential to reach an all time high because everyone will have different ideas. I will have to step outside of my comfort levels by interacting with people I would rarely have with before, but this is good for the organization as a whole because everyone will feel included and proposals that would not be envisioned previously will be out on the table.

- Sayuz

Sources:
Daft, Richard L. Management. 9th ed., Cengage Learning, 2018.

Neeley, Tsedal. “How to Successfully Work Across Countries, Languages, and Cultures.” Harvard Business Review, 29 Aug. 2017, hbr.org/2017/08/how-to-successfully-work-across-countries-languages-and-cultures.