Sunday, August 25, 2019
Building a companies without borders Essay Example | Topics and Well Written Essays - 1250 words
Building a companies without borders - Essay Example According to Becht (2010, p. 2), this means that most of the top managers of Reckitt Benckiser ââ¬Å"havenââ¬â¢t held jobs in their company of origin for years and view themselves as global citizens rather than as citizens of any given nation.â⬠The company operates in 60 countries and its 400 managers are from 53 nationalities (Becht 2010). According to Becht (2010, p. 1), the company adopted the strategy of being a ââ¬Å"company without bordersâ⬠because ââ¬Å"itââ¬â¢s one of the best ways to generate new ideas and create entrepreneurs.â⬠Becht (2010) claimed that Reckitt Benckiserââ¬â¢s strategy of ââ¬Å"global cross-fertilizationâ⬠led to good results because the strategy accounts for 35 to 40% of net revenue. Becht (2010) implied that ââ¬Å"global cross-fertilizationâ⬠promoted the invention of innovative products in Reckitt Benckiser. In turn, innovative products enabled the company to enjoy ââ¬Å"steady, profitable growth, even during th e downturnâ⬠(Becht 2010, p. 1). Thus, according to Becht (2010), Reckitt Benckiser has outrun all her competitors since 2005. In the Becht (2010, p. 2) narrative, Reckitt Benckiser deliberately deploy managers in unfamiliar territories and not in their country of origin but they are expected ââ¬Å"to find their footing very quickly.â⬠Most managers, however, ââ¬Å"grow tremendouslyâ⬠when they are taken out of their ââ¬Å"familiar zoneâ⬠(Becht, 2010, p. 2). Despite the multiplicity of nationalities in Reckitt Benckiser, the company insists on a common language in all meetings (Becht 2010). All are expected to say their piece no matter how blunt oneââ¬â¢s piece is expressed. Thus, Reckitt Benckiserââ¬â¢s meetings are ââ¬Å"chaoticâ⬠because ââ¬Å"what takes overâ⬠is ââ¬Å"an intensity and a feeling that we have to fight for better ideasâ⬠(Becht, 2010, p. 3). At Reckitt Benckiser, consensus is not highly valued but ââ¬Å"conflict tha t simply slows down decision-making or is for political or personal gain is not toleratedâ⬠(Becht, 2010, p. 3). Nevertheless, ââ¬Å"almost every key decision is made in meetings where itââ¬â¢s first discussedâ⬠and all must agree 100% to implement the decisions and ââ¬Å"move quicklyâ⬠(Becht, 2010, p. 3). However, minority views are not crushed (Becht, 2010). Those who do subscribe to the majority position are allowed to experiment with their ideas (Brecht, 2010, p. 3). Some of the questions that can be raised are as follows? How to the diversity of cultures impact on business? Do international connections play a role in business profitability? Are ââ¬Å"companies without bordersâ⬠a global trend? How do companies without borders organize themselves as a business? On the impact of diversity of cultures in managing businesses, John et al. (2011, p. 7) argued that ââ¬Å"cultures that vary in value orientations should also vary in the level of control and p articipation.â⬠John et al. (2011, p. 7) pointed out that ââ¬Å"in a truly global marketplace, managers working in cross-cultural interactions need a better understanding of the impact of cultural orientation on an individualââ¬â¢s expectation at the service encounter.â⬠This means, for example, consumers in diverse cultures vary with regard to how fast services should be, how faithful advertising should be on claims with regard to product quality, how assertive consumers can be with
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.