scholarly journals SCALING AND EFFECTS OF SOCIO-CULTURAL GLOBALIZATION

Author(s):  
Illya KHADZHYNOV ◽  
Mariia SHKURAT

In today’s context, accelerating the pace of change in the global business environment, standard planning methods, management, and asset allocation methods have become obsolete. The paper analyses transformational impact of globalisation on social and cultural spheres of human life. It is noted that at the present stage of world economy development, mankind enters the era of a new economic paradigm – the knowledge economy, which transforms not only the business landscape in general, but also changes the classical perception of national culture and society. The social and cultural factors are important for effective positioning of the national economies in the global arena, which provides ongoing evaluation and improvement, ensuring the effective use of both.

Author(s):  
Debarshi Ghosh

Soft skills help to enhance the ability of individuals to efficiently work in a global business environment and ensure effective use of domain knowledge in actual practice. To improve the employability of job-seekers, soft skills have a crucial role to play. However, the importance of soft skills has always been sidelined in the Indian context for the need of other core technical skills. This paper highlights the importance of soft skills in the present environment, focuses on bottlenecks faced by soft skills training, and also suggests some guidelines by analyzing the past research papers, reports, surveys and government programmes on issues related to employability and soft skills.


Author(s):  
Anca Stan

Every global company’s competitive advantage depends on its ability to coordinate critical resources and information that are spread across different geographical locations. As a result of the increasingly global business environment, many companies are building teams that cross- national borders and / or include members from different countries of origin. Global teams are formed to enhance the efficiency of an organization by making effective use of the diversity or viewpoints.


2018 ◽  
Vol 28 (1) ◽  
pp. 137-141
Author(s):  
Petya Yordanova – Dinova

This paper explores the comparative analysis of the financial controlling, who is a result from the common controlling concept and the financial management. In the specialized literature, financial controlling is seen as an innovative approach to financial management. It is often presented as the most promising instrument of financial diagnostics. Generally speaking, financial controlling is seen as a process of managing the company`s assets which are valued in monetary measures. The difference between the financial management and the financial controlling is that the second covers all functions of management, analysis and control of finances, aiming at maximizing their effective use and increasing the value of the enterprise. Financial controlling is often seen as a function of the common practice of financial management. Its objective is to preserve the financial stability and financial sustainability of enterprises operating in a highly aggressive business environment.


2018 ◽  
Vol 14 (2/3) ◽  
pp. 170-187 ◽  
Author(s):  
James Baba Abugre

Purpose Given the rising expansion of Western multinational companies (MNCs) to the African contexts, the development of expatriates and local employees has become increasingly important to the human resource management of these MNCs. This paper aims to provide critical lessons on cross-cultural communication competences for Western expatriates working in the sub-Saharan Africa business environment. Design/methodology/approach This paper is a qualitative phenomenology that makes use of lived experiences of senior expatriate staff working in Ghana in the form of direct interviews. Findings Results showed that cross-cultural communication competence is very important for Western expatriates’ functioning in sub-Saharan Africa. The findings also established a plethora of cross-cultural communication skills that are essential for Western expatriates’ successful adaptation and work outcomes in Africa. Practical implications This research argues that there is the need for the appreciations of the differing cultural patterns of expatriates and local staff, and this provides the underlying assumptions of intercultural and cross-cultural communication in global business. Originality/value A critical perspective of international business that has scarcely been studied offers lessons for Western expatriates working in sub-Saharan Africa.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Naveen Donthu ◽  
Satish Kumar ◽  
Debidutta Pattnaik ◽  
Neeraj Pandey

PurposeThe primary objective of this endeavour is to form a retrospective overview of the International Marketing Review (IMR) and map its way forward.Design/methodology/approachA range of bibliometric techniques has been employed to analyse the performance of IMR and its stakeholders, map the evolution of its thematic and intellectual structures and analyse the factors driving IMR's academic influence and impactFindingsIMR's academic contributions, influence and impact have grown progressively. The thematic structure of the journal has evolved into six clusters. Simultaneously, its research fronts have submerged to six bibliographic clusters, noted as marketing channels, cross-cultural impact on emerging markets, export performance, country of origin (COO), online consumers and global business environment. Among these, the first four are still evolving, suggesting scope for future submissions.Research limitations/implicationsThe limitation of this endeavour largely arises from its selection of bibliographic data being confined to Scopus.Originality/valueTo the best of the authors’ knowledge, this is the first objective assessment of the journal, useful to its authors, readers, reviewers and editorial board.


2021 ◽  
pp. 310-328
Author(s):  
Fatou Guèye ◽  
Ahmadou Aly Mbaye

Sahelian countries, while sharing many features of other Sub-Saharan African economies, face some unique economic challenges, which merit particular scrutiny, notably: a sizable demographic bulge, being landlocked, a lower income per head, and a higher poverty incidence. The picture is further darkened by critical governance weaknesses, political instability, and radical Islamist threats, which, as discussed in other chapters in this volume, have caused serious security challenges within, and across, national borders. All these factors have contributed to a downsizing of the formal business environment and an expansion of the informal sector. This chapter assesses the relative weights of the formal and informal sectors in Sahelian national economies, its growth dynamics, as well as employment and productivity patterns. It also examines the implications of the rise of the informal sector for institutions and governance, social inclusion, and stability.


2018 ◽  
Vol 9 (4) ◽  
pp. 73
Author(s):  
Samuel L. Dunn ◽  
Joshua D. Jensen

Today’s global business environment is extremely diverse. With the business tools and resources that are available today, organizations of any size can create a global footprint easier than ever before. Today’s business professionals must be educated and trained in how to effectively interact with multiple cultures in order to successfully navigate the global business environment. Knowledge, acceptance, and appreciation of various cultures along with a fervent understanding of business practices in various cultures is required of the 21st century global business professional. This paper focuses on Jewish culture and how it manifests itself through Jewish business practices. The purpose of this paper is to give the reader a basic understanding of the principal branches of Judaism, a history of Judaism, an explanation of Jewish beliefs, and an introduction to Jewish business practices in hopes that further study will be elicited.


2005 ◽  
Vol 36 (1) ◽  
pp. 37-50 ◽  
Author(s):  
Mark Ives

Change within organizations is becoming the rule rather than the exception as businesses seek to respond to an increasingly fluid, complex, and global business environment. This drive demands that organizations embrace a more strategic response to avoid being leap-frogged by more nimble competitors. As Cicmil points out (1997, 1999), strategic organizational change is most likely facilitated and managed through an organization's use of the project management disciplines. This study attempts to develop a greater understanding of the contextual aspects of project management in an organizational change setting. In reviewing the current literature, I have found an increasing use of project management within organizations and an attendant poor rate of success among these projects; interestingly, I also found only limited research on the context and fit of projects within organizations. I have addressed this void with an essentially exploratory research project that utilizes inductive strategy. The process I have used is qualitative and based on in-depth interviews with four people.


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