Documente Academic
Documente Profesional
Documente Cultură
PART I
GLOBAL COMPETENCY
are the knowledge, behavioral skills, and personal attributes required for excellent performance in a role, function, or specific business. Competency development is especially important for leadership development. competencies are what we speak of when the role, function, or business is outside of the company's home culture, or when it involves sustained contact with people from one or more unfamiliar cultures.
Global
It is the carefully crafted process of data-gathering about your firm's own managers and employees as they go about their daily work.
A global competency model is a system of tailored competencies and their applications for the purpose of aligning the performance of employees, worldwide, with the goals of their organization.
Perceptive: How individual can develop themselves by focusing themselves on the development of competencies. Perceptive: How the system works, so that it is one integrated process, and so that everyone speaks and understand one language.
Organizational
competency models help employees understand the apparent contradictions of the New Economy, such as the need for strong technical skills and strong relationship skills. Global competency models are behavior-based performance standards against which people and units can be aligned and measured.
Global
Understand the importance of international trade to their home state's economy. Understand the multicultural nature. Possess foreign language skills. Initiative Enthusiasm Inquisitiveness Interest in continuous learning
Contd
Limited : Infosys is ranked 28th globally in the list of IT services providing firms, It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan. Birla Group: Established its plants in Australia, Canada, Laos etc.
Aditya
OTHER EXAMPLES:
TATA
Group : The company has executed overseas projects in the Middle East, Africa and South East Asia etc. State Bank of India : the bank had 151 overseas offices spread over 32 countries. It has branches of the parent in Colombo, Dhaka, Frankfurt, Hong Kong, Tehran, Johannesburg, London, Los Angeles, Male in the Maldives, Muscat, New York, Osaka, Sydney, and Tokyo. And many more
A Business environment encompasses all those factors that affects a company's present as well as future operations. When an organizations leaders plans for the future it must take into account these principle environmental factors. Significance: A companys ability to compete is affected by how well the leaders have learned to identify, demonstrate and estimate the impact of these factors on the corporate strategy.
Includes the factors close to the company. Basic business components like suppliers, customers, the company itself, competitors, etc, forms the basis of this environment. Has an direct effect on the main internal functions of the business and possibly the objectives of the business and its strategies.
FACTORS:
1. The company 2. Creditors 3. Suppliers 4. Customers 5. Competitors
It is the activities, behavior and relationship among the employees that an organization hires to represent their interests. A strategic Human Resources partner can be a key asset in developing a plan to address future employee needs.
An agreement between the Orissa Mining Corporation (OMC) and Vedanta Alumina Ltd. on October 5, 1997 for bauxite mining in Niyamgiri hill near Lanjigarh in Kalahandi district led to a controversy that finally left the company with the option to either challenge the decision of high court in Orissa of stalling the expansion bid & withdrawing the terms of reference (ToR) granted to the company, in the Supreme Court or, to furnish a fresh proposal to obtain environmental clearance as suggested by the Union Ministry of Environment and Forest (MoEF) in July, 2011.
I once mentioned that if somebody puts a gun to my head, you either pull the trigger or take the gun away because I will not move my head. I think Ms. Mamta Banerjee has pulled the trigger, Ratan Tata FRONT LINE ,Volume 25 Issue 22 :: Oct. 25-Nov. 07, 2008.
REFERENCES
www.tutor2u.net Environmental Factors Affecting Firms Ability to Compete: A Retail Perspective by James Neblett www.wikipedia.org www.livemint.com www.vedantaaluminium.com www.thehindu.com