wk 6 discussion

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Keiser University *

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551

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Management

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Feb 20, 2024

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docx

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Uploaded by GrandPowerZebra35

Organizational culture plays a dynamic role in the success of an international business. The organizational culture considers the values, beliefs, principles, and how the employees work. A business's culture can affect how the employees commit to necessary changes and represent the key drivers for change within the company. Values, beliefs, and principles are just a few of the cultural factors that have been associated with business performance innovative results, and the capabilities of the company in dynamic situations (Leso et al., 2022). Appropriate control and incentive systems are important in an international business for organizational purposes. A control system measures the performance of all departments within the company. This is very important when subunits are in other locations outside the home country. It allows the managers to make decisions based on the performance of each department and subunit. For instance, if one department or subunit is not working up to the expected performance levels set by the manager, the manager can use this information to make appropriate corrections. They can use this information to restructure the department or subunit when not profitable. Incentives are utilized to reward and empower the employees of the company. Incentives are tied to the performance evaluation metrics and allow the employees to dictate if they will receive any incentive, motivating them to do their best at all times. Incentives are also used for managers to keep their departments and subunits operating at their full potential too (Hill, 2023). The connection between strategy, structure and control is very important to the success of an international business. Transnational control strategies are important because they give the company more ways to profit from its international subunits. When a department or subunit performs poorly, the manager can use output controls to correct the issues. Cultural controls allow the employee to buy into the company's value system, which boosts their performance. Structure gives the different departments and subunits equal status with the company, which reinforces the idea of dual responsibility. By having structure and making the employees of each department and subunits responsible for their areas of responsibility the company can remain profitable and in business (Hill, 2023).

References Hill, C. W. L. (2023). International Business (14th ed.). McGraw Hill. Leso, B., Cortimiglia, M., & Ghezzi, A. (2022). The contribution of organizational culture, structure, and leadership factors in the digital transformation of smes: A mixed-methods approach. Cognition, Technology & Work , 25 (1), 151– 179. https://doi.org/10.1007/s10111-022-00714-2

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wk 6 discussion

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