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
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
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
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
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
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)
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)