Tuesday, February 11, 2020
How Roche Diagnostics Develops Global Managers Essay - 1
How Roche Diagnostics Develops Global Managers - Essay Example By recognizing what is expected of leaders, organizations need to equip themselves better in order to guide these leaders and come up with a potential talented pool of leaders for the future (Lane, 2009). The parent and host countries also have a crucial role to play. The WTO and human migration act as driving forces in the production of global leaders. The WTO has a critical role to play in the reduction of barriers to products and services. In addition, human migration has increased since the Second World War with a decrease in travel and migration costs. To achieve further gains, host countries and parent countries need to collaborate. 2. In your professional field, explain the possible ramifications of not having global leaders. Lack of global leaders in the aerospace industry has several ramifications. One is the lack of communication, for example, between prime contractors and subcontractors, which is crucial to readiness for their mission and the prevention of conflict or misu nderstanding (Mendenhall, 2010). Secondly, it would result in poor satisfaction of customers via the lack of provision of progress reports regarding project deadlines and the delivery of schedules. This would also result in a lack of ethics, professionalism, and industry standards. These would have an effect on productivity, costs, market place dynamics, and ROI for the American investment. Another ramification would be the ignorance of culture barriers since cultural diversity requires increased awareness from leaders, and what may be successful in one country may not be in another. It also risks global relationships that are the core of the companyââ¬â¢s business. Finally, it risks global strategy and integration and will undermine the rationale for the organization in taking part in the venture (Mendenhall, 2010). 3. Rocheââ¬â¢s Perspectives Program invests many resources to develop their global leaders. Based on the Oââ¬â¢Toole chapter on public policy, discuss the poss ible changes that can be made in the U.S. to encourage companies to become global leaders. The US can encourage corporations to become global leaders via the enactment of supportive policies, which increase the ability of executives and individual employees to choose effectively and wisely in relation to the workplace (Rahim, 2008). Some of the policies include reforming the K-12 education system in order to improve performance in essential and basic skills. They should also increase the number of college graduates and post-graduates especially in science, mathematics, and other technical subjects. They could also use community colleges as a way of improving training skills and their retention. In addition, they should increase national support for development and research to private and public universities, as well as giving private universities incentives. They should also clarify immigration policies that went into effect after 9/11 with regard to skilled workers and foreign lead ers. The encouragement of entrepreneurial activities to drive job creation and innovation could be another strategy. Finally, health insurance should be decoupled from employment status, which the government should aim to do in the short term (Rahim, 2008). 4. In the absence of resources such as Roche has at its disposal of producing global leaders, describe how smaller organizations can address their
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