C.7 Implementing the Strategy (The Future of Transnational) Flashcards

1
Q

Key management positions for implementing transnational strategies

A
  • Global Business Manager
  • Worldwide Functional Manager
  • Country Subsidiary Manager
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2
Q

Global Business Manager: Responsibility and Roles

A

Responsibility:
Develop global efficiency and competitiveness

Roles:

  • Global business strategist
  • Architect of asset & resource configuration
  • Cross-border coordination
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3
Q

Worldwide Functional Manager: Responsibility and Roles

A

Responsibility:
Provide support to line managers, particularly by diffusing innovations and transferring knowledge on a worldwide basis

Roles:

  • Worldwide intelligence scaner
  • Cross-pollinator of “best practices”
  • Champion of transnational innovation
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4
Q

Country Manager: Traditional vs new role

A

Traditional role:

  • Source of sales and profits
  • Access to local factors of production
  • Leverage parent company assets and resources

New role:

  • Bicultural interpreter
  • National defender & advocate
  • Frontline implementer of corporate strategy
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5
Q

Country manager:

Skills and Qualifications

A
  • Entrepreneurial skills: innovator and opportunist
  • Strategic skills: Creative analyst
  • Administrative skills: controller & manager
  • Executive skills: organizational leader
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6
Q

Pressures and Constraints on the Country (Geographic subsidiary) Manager

A
  • MNC Internal Motivations (corp strategy, internal norms and values, org struc)
  • Host Country Interests (local norms n values, national constituent interest like employees, consumers; host gvts objectives n policies)
  • Global Competitive Environment (national competitor’s actions, global comp activity,, local market and industry structure)
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7
Q

Role of top level corp management

A
  • Provide long-term direction and purpose (clarity, continuity, consistency)
  • Leverage corporate performance (control systems based on supporting actions of managers, not directing them)
  • Ensure continuous renewal (ensure an external orientation, legitimize new initiatives, help org embrace and not deny complexity)
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