Tips for Effective Management in a Global Enterprise

The most critical issue in the contemporary world is how to manage organizations effectively in the wake of the rapid global changes. In global enterprises, technology is changing at a remarkably fast rate and this trend calls for the management to redesign its organization to remain relevant. Competition is increasing in global enterprises as organizations aim at gaining competitive advantage over others. Different enterprises should change their manner of management in order to respond quickly to global changes. The organization needs to change its processes, structures, systems, and personnel from the inflexible modes to ones that can adapt quickly to global changes. The transformation of the organization is a crucial step to effective management and remaining on the lead in the global world. Effective management in a global enterprise involves the use of new management philosophies. The management philosophies start with the top management in the organization. The managers should apply Continue reading

Platformization of Strategic Business Communications

A digital business or communication platform offers a method to recombine technology in novel and transformational ways to create new business functionalities and competences. It offers a logical boundary that divides the technological applications driving digital transformation and technological change from the organizational logic behind those applications. For instance, the Amazon corporation elaborates and designs its digital media, business, and communication platforms as marketplaces and communication channels for clients and colleagues. The implications of platformization for communication and business industries are positive, but can encompass negative aspects related to ethical and privacy issues. Any online communications technology, including desktop, mobile, interpersonal, and email applications, is referred to as a “digital platform.” This notion, in fact, encompasses social networks, media, and websites. Particularly in the media and entertainment sectors, digital platforms have frequently been identified as the key participants in a wide range of marketplaces. Corporate and governmental players in contemporary Continue reading

Deming’s System of Profound Knowledge – 14 Principles

William Edwards Deming (1900-1993) was a renowned American quality management consultant, professor, and statistician, and wrote several books on product quality and management and gave lectures on the same. He is attributed for helping to advancement in production in corporate America but his greatest achievements were in Japan. He made a major contribution to Japan’s a trade and industry development, and also the advancement of their high-quality products. Deming (1990) noted that “by adopting appropriate principles of management, organizations could increase quality and simultaneously reduce costs (by reducing waste, rework, staff attrition and litigation while increasing customer loyalty).” Deming recommended that organizations should focus on quality which leads to reduction of costs, instead of concentrating on costs that decrease the quality gradually. He mostly advocated for proper management as he argued that it was responsible for 85% of the problems that companies face. He argued that good management of an Continue reading

Case Study on Business Ethics: Apple and FoxConn Labor Scandal

Apple Inc. is devoted to creating the finest music and personal computing experience for every single one of its users, from students to educators, business professionals to government officials and other consumers by means of ground-breaking hardware, software, internet offerings, peripherals, and services. Apple’s business approach powers its distinctive ability, through the design and progression of its personal operating system, hardware, and countless technologies and software applications, to provide its customers the latest creations and simple solutions through outstanding innovative industrial design. Before being able to produce some of the finest computer products we have nowadays, Apple went through countless processes and hurdles. Apple was established in 1976 by two college dropouts, Steve Jobs and Steve Wozniak. Also part of the team was Ronald Wayne, who was older and had personal assets of his own. Wayne’s uncertainty of the company worried him about the risk of investing his assets, and resulted Continue reading

Machine Ethics – Overview, Developments, Issues and Future

History and Background of Machine Ethics Concept Machines are tools that make work easier by changing the direction of torque applied on a piece of workload. The general notion is that a machine is just a good size container with a system of gears and motors which are used for industrial purpose. The steam engine is a good indication of machines since its invention in the industrial revolution to power industries to different levels of output. However, the human race has been evolving thereafter and it is agreeable that the machines have also been evolving gradually hence the need to be au fait about the evolution to ensure we are at par. The definition of machines today has gone beyond the normal gearboxes we knew and has been taken to another level. The prominent machine invention or understanding of the twentieth century is the mathematical invention of the Turing machine. Continue reading

What is Private Label? Definition and Categories

Since 1960s, the retail market of the grocery industry in the Europe and the U.S. A. started experiencing the surge in distribution and concentration of private label products. Private label commenced in some grocery shops in the Europe and the U.S. A. Some retailers decided to sell their wares under their own brand names. The process gradually developed into complicated process. Retailer such as Wal-Mart begun to expand their range of brand names to develop into range of products with sub-niches. These involved developing their own products and test them on the market in the same way manufacturers do and later selling them under their own brand names or brand controlled by them. Products for the branding are obtained from manufacturers who supply them under a different brand name. This implies that the brand of the producer is discarded and the brand of retailer appreciated or emphasized. Whoever even if Continue reading