Accomplish the organization goals

Assignment Help Accounting Basics
Reference no: EM131014276

Cultural differences can have a significant impact on business operations and cause harm when not properly managed. Mergers and acquisitions can create challenges due to cultural expectations on a national and organizational level. Often managers are expected to integrate their current focus into a larger project without understanding how to do so in a larger context. Communication and coaching are key concepts in ensuring a smooth transition.

As the HR manager of Banks Industries, one of the issues you face with regard to the company's acquisition of a Chinese firm is presented in the following scenario:

The operations manager from Banks in Centervale is used to having complete autonomy. However, on this project, he will have to work directly with the locally based manager in China and share decision making. The lead manager says that he wants to have the final say on all decisions as he knows how to align the project with the corporate strategies and objectives, something he has been doing for the past 30 years. The local manager mistrusts the corporate manager because he has been very vocal about not wanting to co-manage on the project.

Review the scenario and your readings and address the following:

  • Suggest strategies or solutions to neutralize the situation so the project can move forward.
  • Develop a communication plan to coach both managers on how to work together to accomplish the organization's goals.

Reference no: EM131014276

Questions Cloud

About the nonconstant growth valuation : A company currently pays a dividend of $1 per share (D0 = $1). It is estimated that the company's dividend will grow at a rate of 17% per year for the next 2 years, then at a constant rate of 8% thereafter. What is your estimate of the stock's curren..
Create a balanced score card for a fictitious company : Discuss the importance of a balanced scorecard as a measure for evaluating performance and strategizing for success.
Graph the data and comment on skewness and outliers : How accurate are radon detectors of a type sold to homeowners? To answer this question, university researchers placed 12 detectors in a chamber that exposed them to 105 picocuries per liter (pCi/l) of radon. Graph the data, and comment on skewness..
Discuss the production costing methods used : Different types of costing methods used by the company (Include fixed and variable costs.)
Accomplish the organization goals : Suggest strategies or solutions to neutralize the situation so the project can move forward. Develop a communication plan to coach both managers on how to work together to accomplish the organization's goals.
Find math lesson plans that concentrate : Select a grade level and from three websites find math lesson plans that concentrate on a particular math performance from the NCTM Standards for Number Sense and Operations
Use the arithmetic average : Suppose the rate of return on a 10-year T-bond is 6.85%, the expected average rate of inflation over the next 10 years is 2.0%, the MRP on a 10-year T-bond is 0.9%, no MRP is required on a TIPS, and no liquidity premium is required on any Treasury se..
Why is milk sold in rectangular containers : Discuss the economics of Franks question - Why is milk sold in rectangular containers, while soft drinks are sold in round one
Corporate tax rate-depreciation and amortization expense : Trevi Corporation recently reported an EBITDA of $32,000 and $9,700 of net income. The company has $6,600 interest expense, and the corporate tax rate is 35 percent. What was the company’s depreciation and amortization expense?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Transaction from the general journal to the ledger

Describe the act of posting a transaction from the general journal to the ledger. What difficulties could arise if no cross-indexing existed between the general journal and the ledger accounts?

  Heathrow issues 1600000 of 9 15-year bonds dated january 1

heathrow issues 1600000 of 9 15-year bonds dated january 1 2011 that pay interest semiannually on june 30 and december

  When companies offer new equity security issues they

when companies offer new equity security issues they publicize the offerings in the financial press and on internet

  Trevor hancock has just retired he has set aside enough

trevor hancock has just retired. he has set aside enough money in his retirement fund to be able to withdraw 15000 per

  If the expected t-bill rate is 44 percent what is the

consider the following information on a portfolio of three stocks state of economyprobability of state of

  Instead of being unnumbered and manually prepared all

luby office supply company reccently changed its system of internal control over cash disbursements. the system

  Sprinkle inc has outstanding 10000 shares of 10 par value

sprinkle inc. has outstanding 10000 shares of 10 par value common stock. on july 1 2012 sprinkle reacquired 102 shares

  Cost of goods manufactured statement

Denny Corporation, a manufacturing company, produces a single product.  The following information has been taken from the company's production, sales, and cost records for the year just completed:

  What is nies ethical dilemma

What is Nies's ethical dilemma?

  The charter of a corporation provides for the issuance of

the charter of a corporation provides for the issuance of 100000 shares of common stock. assume that 45000 shares were

  Tax consequences of transfer to all parties

Lyle performed legal and accounting work during the incorporation process in return for six shares of stock. Determine the tax consequences of the transfer to all parties

  Internal auditor doing compliance audits

The district hired a person with a CPA license, degree in accounting and experience as an internal auditor doing compliance audits.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd