| Topic : Awareness for the present environments. |
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Retail & Supply Chain Professionals |
IT Sales and Business Development |
POWER PROFESSIONALS |
5 more ...|
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Activity:
9 comments
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last activity : 07 06 2010 20:18:04 +0000
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What makes the American management environment so different from Indian one. When we examine this we see that their managers are endowed with so many processes that generic to their work which is homogeneous to the whole environment. So a CEO once he is uprooted from his say Metal industry environment to Automobile he will find it easier to adapt due to this generic nature. Some of the processes an American manager can depend on are,
1) Processes that confirm to the need of the Economic environment as a whole
2) General emphasize on Stake Holder’s value maximization
3) Emphasize on product quality delivered
4) Dependable Research and Development team and budget for the same
5) Need to grow on a time bound manner
6) Well articulated economic environment that complements marketing processes
7) Well articulated Legal environment for furthering commerce
8) Well articulated Academic environment that churn out conscious and skilled Labor.
9) Well articulated differentiation of labor from Academia onwards
10) Well articulated Political processes that compliments commerce
11) Well endowed markets where goods can be easily exchanged for money
These make life more foreseeable for a manager in his environment and can fix targets he need to meet and get work done on a generic terms irrespective of the kind of Industry one is driven to work for. No networking or cartelization is allowed so that the aggregate risk sharing need of the well articulated environment for the same is not tampered with. The returns originating in idiosyncratic transactions are limited to ones welfare and some are not endowed infinite pay off and others miniscule ones
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