Why in my company?

Today's job market is as competitive as ever. You need to be able to effectively communicate you skill set so that you will give yourself the best competitive advantage to secure employment. During the interview process, you want to highlight as many of your strengths as possible. An easy way to do this is by slipping a few simple phrases into your next job interview. Here are seven things you should say in an interview. (For related reading, check out Taking The Lead In The Interview Dance.) In Pictures: 7 Interview Don'ts 1. I am very familiar with what your company does. Letting a prospective employer know that you are familiar with what a company does shows that you have a legitimate interest in the business and are not just wasting their time. Do your homework before arriving for an interview. Check out the company website for information about products and services. Search for the latest transactions and pertinent business news. (Want to get work on Wall Street? Check out Top Things To Know For An Investment Banking Interview.) Be sure to let the interviewer know that you are familiar with the newest company acquisition or the latest product that was just developed. Explain how your skills and experience are a perfect fit for the employer. 2. I am flexible. Work environments are always changing. Prospective employers are looking for candidates that are open to change and can adapt at a moment's notice. In today's fast paced business world, employees must have the ability to multi-task. Stating that you are adaptable lets an employer know that you are willing to do whatever is necessary to get the job done. This may mean working additional hours or taking on additional job duties in a crunch. Show your potential employer that you are equipped to deal with any crisis situation that may arise. (It is possible to work too hard. See Top 10 Ways To Avoid Burnout In Corporate Finance for more.) 3. I am energetic and have a positive attitude. Employers are looking for candidates with optimism and a "can-do" attitude. Attitudes are contagious and have a direct affect on company morale. Let the optimist in you shine during the interview process. Be sure to always speak positively about past employers. Negative comments and sarcastic statements about past employers and co-workers will make you look petty. If you bad mouth your past company, employers are liable to believe that you will do the same thing to them.
ETO Manufacturing Growth

4. I have a great deal of experience. This is your chance to shine. Highlight any previous job duties that relate directly to your new job. If it is a management position, state every time that you were responsible for the supervision, training and development of other employees. Discuss your motivational

techniques and specific examples of how you increased productivity. Feel free to list any training classes or seminars that you have attended. 5. I am a team player. Do you remember when you were young and your teacher wanted to know if you could work well with others? Well the job market is no different! Companies are looking for employees that are cooperative and get along well with other employees. Mentioning that you are a team player lets your prospective employer know that you can flourish in group situations. Employers are looking for workers that can be productive with limited supervision and have the ability to work well with others. (Learn more about keeping peace in the office. Check out Dealing With 10 Coworker Personality Conflicts.) 6. I am seeking to become an expert in my field. Employers love applicants that are increasing their knowledge base to make themselves the best employees possible. Stating that you are aiming to become an expert causes employers to view you as an asset and not a liability. You are a resource that other employees can learn from. This is also a subtle way of illustrating that you have an attitude of excellence. You are aiming to be the best at what you do! This will let employers know that you are not just a fly-by-night employee, but in it for the long run. 7. I am highly motivated. A motivated employee is a productive employee. Talk about how your high level of motivation has led you to accomplish many things. If you are a meticulous worker, discuss your organizational skills and attention to detail. Companies are always looking for dependable employees that they can count upon. The Bottom Line Remember that a job interview is an opportunity to sell yourself to a prospective employer. Be sure to slip in the right phrases to give you the best chance possible of securing that cushy corner office on the ninth floor.

Management
Performance incentives in multinational companies can be a conflict issue. Employees and management can have different views of fair and just pay and rewards on performance. Furthermore there are cultural influences on the employees and the managements understanding of good performance. These cultural influences can differ from country to country and complicate the standardization of performance management policies in multinational companies. Right here, the WZB-research project comes in. Based on case studies of multinational companies, the project explores cultural understandings of performance and their relationship with performance management policies.

The project deals with two main questions. First, it analyses how cultural factors influence the understanding of good performance and of fair rewards for performance. Cultural factors refer among others also to traditions of industrial relations and to trade unions views on performance and incentives. Second, the project examines the fit between the employees understanding of performance and fair rewards and the actual performance management policies in multinational companies. The main interest lies on affinities between cultures and the usage of individual, team based, monetary or career based incentives. The study includes in addition factors which can influence the acceptance of performance management policies such as the inclusion of employee representatives in the design of performance management policies.

Globalization

Globalization and Its Characteristics Globalization is the process of increased interconnectedness among countries most notably in the areas of economics, politics, and culture.McDonalds in Japan, French films being played in Minneapolis, and the United Nations, are all representations of globalization.

The idea of globalization may be simplified by identifying several key characteristics:

Improved Technology in Transportation and Telecommunications What makes the rest of this list possible is the ever-increasing capacity for and efficiency of how people and things move and communicate. In years past, people across the globe did not have the ability to communicate and could not interact without difficulty. Nowadays, a phone, instant message, fax, or video conference call can easily be used to connect people. Additionally, anyone with the funds can book a plane flight and show up half way across the world in a matter of hours. In short, the "friction of distance" is lessened, and the world begins to metaphorically shrink.

Movement of People and Capital A general increase in awareness, opportunity, and transportation technology has allowed for people to move about the world in search of a new home, a new job, or to flee a place of danger. Most migration takes place within or between developing countries, possibly because lower standards of living and lower wages push individuals to places with a greater chance for economic success.

Additionally, capital (money) is being moved globally with the ease of electronic transference and a rise in perceived investment opportunities. Developing countries are a popular place for investors to place their capital because of the enormous room for growth.

Diffusion of Knowledge The word 'diffusion' simply means to spread out, and that is exactly what any new found knowledge does. When a new invention or way of doing something pops up, it does not stay secret for long. A good example of this is the appearance of automotive farming machines in Southeast Asia, an area long home to manual agricultural labor.

Non-Governmental Organizations (NGOs) and Multinational Corporations As global awareness of certain issues has risen, so too has the number of organizations that aim to deal with them. So called non-governmental organizations bring together people unaffiliated with the government and can be nationally or globally focused. Many international NGOs deal with issues that do not pay attention to borders (such as global climate change, energy use, or child labor regulations). Examples of NGOs include Amnesty International or Doctors without Borders.

As countries are connected to the rest of the world (through increased communication and transportation) they immediately form what a business would call a market. What this means is that a particular population represents more people to buy a particular product or service. As more and more markets are opening up, business people from around the globe are coming together to form multinational corporations in order to access these new markets. Another reason that businesses are going global is that some jobs can be done by foreign workers for a much cheaper cost than domestic workers; this is called outsourcing.

At its core globalization is an easing of borders, making them less important as countries become dependent on each other to thrive. Some scholars claim that governments are becoming less influential in the face of an increasingly economic world. Others contest this, insisting that governments are becoming more important because of the need for regulation and order in such a complex world system.

Is Globalization a Good Thing?

Globalization (or globalisationsee spelling differences) is the process of international integration [2][3] arising from the interchange of world views, products, ideas, and other aspects of culture. Put in simple terms, globalization refers to processes that promote world-wide exchanges of national and cultural resources. Advances in transportation and telecommunications infrastructure, including the rise of theInternet, are major factors in globalization, generating further interdependence of economic, and [4] cultural activities. Though several scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the New World. Some even trace the origins to the [5][6] third millennium BCE. Since the beginning of the 20th century, the pace of globalization has intensified [7] at a rapid rate, especially during the Post Cold War era. The term globalization has been in increasing use since the mid-1980s and especially since the mid[8] 1990s. In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the [9] dissemination of knowledge. Further, environmental challenges such as climate change, cross[10] boundary water and air pollution, and over-fishing of the ocean are linked with globalization. Globalizing

processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment.

There is a heated debate about the true effects of globalization and if it really is such a good thing. Good or bad, though, there isn't much argument as to whether or not it is happening. Let's look at the positives and negatives of globalization, and you can decide for yourself whether or not it is the best thing for our world.

Positive Aspects of Globalization

As more money is poured in to developing countries, there is a greater chance for the people in those countries to economically succeed and increase their standard of living. Global competition encourages creativity and innovation and keeps prices for commodities/services in check. Developing countries are able to reap the benefits of current technology without undergoing many of the growing pains associated with development of these technologies. Governments are able to better work together towards common goals now that there is an advantage in cooperation, an improved ability to interact and coordinate, and a global awareness of issues. There is a greater access to foreign culture in the form of movies, music, food, clothing, and more. In short, the world has more choices.

Negative Aspects of Globalization

Outsourcing, while it provides jobs to a population in one country, takes away those jobs from another country, leaving many without opportunities. Although different cultures from around the world are able to interact, they begin to meld, and the contours and individuality of each begin to fade. There may be a greater chance of disease spreading worldwide, as well as invasive species that could prove devastating in non-native ecosystems. There is little international regulation, an unfortunate fact that could have dire consequences for the safety of people and the environment. Large Western-driven organizations such as the International Monetary Fund and the World Bank make it easy for a developing country to obtain a loan. However, a Western-focus is often applied to a non-Western situation, resulting in failed progress.