HBO - 45-792 Summary & Integration

Summary & Integration

I. Managing the Global Enterprise

II. The Manager’s Job?

III. Knowledge & Competitive Advantage

IV. Final Thoughts

HBO - 45-792 Summary & Integration

Managing the Global EnterpriseKey Questions

Why international management

Why do firms expand their operations abroad?

What are some of the unique organizational challenges encountered?

How do firms formulate strategy & develop capabilities?

HBO - 45-792 Summary & Integration

Motivations for Internationalization

Traditional• Resource seeking (materials, labor, capital)• Market seeking (sales expansion)

Contemporary• Innovation, knowledge, and learning• Options for strategic moves and

countermoves

HBO - 45-792 Summary & Integration

Integrativeness / Responsiveness(Doz & Prahalad, 1981)

GlobalIntegration Global Transnational

MultinationalInternational

LocalResponsiveness

HBO - 45-792 Summary & Integration

Transnational Management

Multidimensional CapabilitiesEntrepreneurship, Integration, RenewalNational, global, functional

Configuration of Organizational Capabilities

Distributed InterdependenceLocus of resources & expertiseKnowledge transfer

Network GovernanceShared decision makingNegotiated agreementComplex coordination & cooperation

HQ

SUB

SUBSUB

SUB

SUB

SUB

HBO - 45-792 Summary & Integration

The Manager’s Job?

(1) The manager is a reflective, systematic planner

(2) The effective manager has no regular duties to perform

(3) The senior manager needs aggregated information, which a formal management information system best provides

(4) Management is quickly becoming a science and profession

Myths about what you do

Back to BasicsKey Managerial Roles

HBO - 45-792 Summary & Integration

Knowledge & Competitive Advantage

Why is knowledge management such a buzz?

What are the implications for strategic management & organization?

What are the key attributes of knowledge to understand & what capabilities are required to

effectively manage knowledge?

Rethinking Organizations asRepository of Knowledge

HBO - 45-792 Summary & Integration

Final Thoughts

What is the organizational basis of competitiveness?

What does it take to create effective organizations?

What does it take to succeed in organizations?

HBO - 45-792 Summary & Integration

V.R.I.O FrameworkBarney (1995)

Valuable

Realized Competitive Advantage

Sustained Competitive Advantage

Competitive Advantage

Competitive Parity

Rare

Inimitable

Organization

HBO - 45-792 Summary & Integration

Organizational Architecture

Informal Organization

People

WorkFormal

Organization

Output

System

Unit

Individual

Input

Environment

Resources

History

Strategy

HBO - 45-792 Summary & Integration

Accumulating & Leveraging Capital

Human Capital

Social Capital

Management: getting action in complex social systems in the face of obstacles and barriers

Low High

High

Low

HBO - 45-792 Summary & Integration

That’s Not All Folks . . .

45-897 - Groups & Teams in Organizations

45-898 - Social Networks: Coordination & Control

45-891 - Organizational Power & Politics

45-895 - Interpersonal Negotiations

45-962 - Advanced Negotiations

45-960 - Organizational Change

45-899 - Knowledge Mgmt. & Org. Learning

45-941 - International Management