Virtual integration comes to a real-world setting

Article Abstract:

Australian corporations need to reassess their approach to financial organization and global strategy. Successful multinational enterprises recognize the benefit of streamlining operations so that they enhance profits through supplier networks and marketing alliances. This approach enables them to expand operations without having to assume all costs and risks for entering new markets or diversifying into other businesses.

Management Dynamics NEC, Australia

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Regional managers and the push toward cultural literacy

Article Abstract:

Management used to be perceived as a skill to get people and machines to become more effective producers. As companies establish international operations it is important for managers to cultivate cultural self-awareness. Rundle Partners CEO Sally Rundle found in a study of Australian managers in Southeast Asia that only one-fifth are international managers with cultural self-awareness.

Foreign Operations Analysis, Management Development, Influence, Business expansion, Multiculturalism, Foreign operations (Business)

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When East meets West, the delicate art of business relations comes into play

Article Abstract:

Building relationships is important in business success in Asia. Chinese businesspeople want to extend traditional structures and find business partners they trust with the same motivation for business success. The Chinese business structure is better for small businesses because of its reliance on extended family structures.

Management Skills NEC, China, Asia

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