AFM333 Lecture Notes - Lecture 12: Startup Company, Business Communication, Supply Chain

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM333
• Professor: Seth Brouwers

Document Summary

Managing global capabilities: global value chain, manage across the organization, centralized r&d in own countries, can be distributed, capabilities, specific skillsets in other countries, marketing, balance of standardization and adaptation, unique cultures. Supply chain: largely centralized, execute locally, sourced from different countries, mix of centralized and decentralized teams, manage people globally. Three international hr themes: global culture and global teaming, establish global culture that supports global teaming, local requirements, thinking globally. Integrating with counterparts across the global: consistency, hiring of employees, global culture, value and promote global perspective, value international competence, cross-culture skills, work abroad. Single corporate language for business communication: cooperation and interdependency, connections, reporting relationships, ethical standards, csr, global organization structure, functional. Start-up company implied: geographic, company grows and starts operating in different countries, unique requirements, regulations, operations, product, matrix. Stepping stone: centralized, r&d, consistency, developed once, mix, marketing, manufacturing. Sales: must understand local culture, which business partners.