Borderless Business: Managing the Far-Flung Enterprise

by Clarence J. Mann, Klaus Götz

Overview

From extending successful brands into exotic new markets to tapping talent in virtual teams to building ultra-complex supplier and distributor networks, today's executives and managers must consider the international implications of every decision they make. Certainly, globalization has its detractors, but for business leaders, the issue is not to debate the merits of globalization but to learn how to thrive in the global marketplace. In Borderless Business the authors tackle every major dimension of business-from marketing to human resource management to supply chains to accounting and finance-and demonstrate how they play out in a global context. Each chapter describes the new skills and competencies that managers must master in order to lead their companies in this environment. Featuring current data and dozens of case examples and applications from around the world, Borderless Business will serve as a practical handbook for executives and managers and an indispensable text for students of international business.

From extending successful brands into exotic new markets to tapping talent in virtual teams to building ultra-complex supplier and distributor networks, today's executives and managers must consider the international implications of every decision they make. To put the magnitude of global business in context, consider that between 1820 and 1992 world population increased 5-fold, world income 40-fold, and world trade 540-fold. And in the past decade, the pace of change has only accelerated, with the Internet, for example, making connections instantaneous and ubiquitous-and global aspirations attainable for even the smallest of enterprises.

Certainly, globalization has its detractors, but for today's business leaders, the issue is not to debate the merits of globalization but to learn how to thrive in the global marketplace. In Borderless Business the authors tackle every major dimension of globalization -from marketing to human resource management to supply chains to accounting and finance-and demonstrate how these issues play out in a global context. Each chapter describes the new skills and competencies that managers must master in order to lead their companies in this environment, where every management challenge is amplified. Featuring current data and dozens of case examples and applications from around the world, Borderless Business will serve as a practical handbook for executives and managers and as an indispensable text for students of international business.

Product Details

ISBN-13:	9780275991470
Publisher:	Bloomsbury Academic
Publication date:	06/30/2006
Pages:	368
Product dimensions:	6.14(w) x 9.21(h) x 0.81(d)

About the Author

Clarence J. Mann is Professor and Chair of the International Management Program and Director of the Institute for Global Management at University of Maryland University College. With over twenty years of professional experience in management consulting and in corporate and international law practice, including serving as General Counsel of Sears Roebuck's International Operations, he was coeditor, with Klaus Götz, of The Development of Management Theory and Practice in the United States, a joint UMUC and Daimler/Chrysler research project.

Klaus Götz is Professor at the University of Koblenz-Landau, Center for Human Resource Management. Prior to this appointment, he was manager of the Management-Konzepte Unit at Daimler/Chrysler in Stuttgart. He has published numerous articles and edited or contributed to several books in the field of human resource management and leadership development, and is coeditor, with Clarence J. Mann, of The Development of Management Theory and Practice in the United States, a joint UMUC and Daimler/Chrysler research project.

Table of Contents

Foreword
Overview: Forces Shaping the Global Business Environment
SECTION I. FOCUSING ENTERPRISE OPERATIONS
Strategy in a Global Context
Marketing across the World
Managing Global Supply Networks
Human Resources Development Strategy
SECTION II. LEVERAGING THE ENVIRONMENT
Trade and Government relations
The Fragmented Legal Environment of Global Business
Managing Country Risk
SECTION III. ADDING ENTERPRISE VALUE
Managing Knowledge in the Extended Enterprise
International Accounting, Taxation, and Corporate Governance
Road Map To Changing Financial Environment
SECTION IV. MOBILIZING CREATIVITY AND COMMITMENT
The Global Leader
Cultivating Global Teams: Diversity Management Squared
Toward the Transnationalization of Corporate Culture
Ethics and Corporate Social Responsibility
Conclusions: An Emerging Global Management Paradigm
About the Editors and Contributors
Index

What People are Saying About This

Sunil K. Munjal

"Borderless Business is essential reading for senior managers and CEOs looking beyond their domestic markets at new growth territories. The book realistically maps some of the key transition challenges that corporations often underestimate while expanding their operations overseas, and it also provides important lessons for managers who often have to tussle between short-term shareholder pressures and long-term vision. I recommend this book for all practicing managers."

Martin Gannon

"Borderless Business should be the book of choice for managers, potential managers, students, and the general reader seeking to understand the complexities of globalization and its effects on business firms, nations, executives, and employees. Its distinctive features include a crystal-clear writing style, a wide and all-encompassing range of topics, vivid examples, summary highlighted points of emphasis, insightful charts and figures, and deep understanding of each major topic. I strongly recommend the book."

John H. Dunning

"This is a truly first rate book—one of the best I have read on the current challenges and opportunities of globalization. It is eminently readable, and addresses a set of key issues in international business from an interdisciplinary perspective. Its emphasis on the cultural and institutional imperatives of local and regional communities, and on mobilizing creativity and commitment in MNEs, is particularly germane to our contemporary globalizing economy. The editors are to be congratulated for assembling and integrating such an interesting, incisive, and relevant selection of essays. This work deserves the widest possibly audience of business students, scholars, and executives of global companies."

Editorial Reviews

Mann and G^Dotz present 14 papers in which authors from varied branches of management studies explore the challenges of globalization, whether those challenges call for a shift in management thinking, and the particular competencies and skills needed to address such challenges. Individual chapters explore these questions from the perspectives of marketing; supply networks; human resources development; trade and government regulations; the business legal environment; risk management; knowledge management; accounting, taxation, and corporate governance; finances; diversity management; corporate culture; and ethics and corporate social responsibility.” —Reference & Research Book News

From the Publisher