From the 19th
century there is an industrial revolution in the world and mankind is shifting
its occupation from agriculture to industries. In the era of industrial age,
large organizations are formed and managed in the international market. There
are large numbers of producers of an identical good and that makes a
competition worldwide. To compete with other world we need skilled management staff
in the organization that focuses on all the new and old management approaches
combines. First thing every organization has to be focus on is to know its
vision and objectives, then all the objectives has to be followed as well to
achieve the organizational goal.
Local organization does
not produce large amount of revenue and do not need a hard effort as well. But
if we want to grow our organization in the global market, we have to be fully
loaded with new and new ideas over time so that we survive in the competitive
world. To introduce our organization in international arena, we will firstly
needing the innovative approach toward different scenarios and problems. It is
better to come up with new ideas every time but that idea should be the
solution, implementable (not myths) and power to be appreciated globally. For
this we have to include every person of the organization in the idea developing
roles. More people will together or individually discover more horizons. From
the top manager to the labor, all should have a right to express their thoughts
and ideas in favor of the organization.
In the international
market, every organization is productively efficient. Economies of scale mean
more production with small input of resources. To make the product of our organization
more competitive, we have to install new plants first by viewing the outside
factors like demand etc. New labor has to be added but in a more productive
ration with the capital. The labor hired should be skilled in their field, kind
and cooperative with other staff, overall they should be maximum productive.
Different employee’s allowances and a good pay will help to invite more skilled
and efficient man force.
Environment inside the
organization and also the outside factors are really important. Inside the
organization; the way of dealing of employees with each other, the way manager
cooperates and solve the problems of other employees are the important part.
Along with these behaviors, we also have to give allowances to the employees
and awards for the more productive and efficient ones to encourage them and to
appreciate their work. Fair rest periods will also boost the environment of an
organization in a productive manner.
All the employees
should be strongly committed towards the vision and goal of their organization.
They should sincerely follow the objectives of their organization. No
individual interest should be entertained in the policies of the organization.
The manager should make
decisions by having a strong view over the external factors that effects the
organization. Inflation, market condition, economic situation, consumer
interests, competitor’s behavior, political condition, environment factors and
government policies all these should be take care of while making policies to
achieve the goals of their organization.
In international
market, the organization has to choose a suitable location all over the globe
that can help to reduce the cost of production but the quality should not be
sacrificed at all. Then there comes a factor of import and export. Once a
product is produced in the cheaper locality then it has to be introduced in the
international market to sell out. The export of finished goods internationally
to different nations and also the import of raw materials and it could also be
labor that can be imported.
Classical Approach
(right person for the right job), Quantitative Approach (economies of scale),
Behavioral Approach (employee’s behaviors), and Contingency Approach (decisions
according to the situations) all of these approaches of management have to be
followed to compete in the world of competition. Management is important because without
planning, organizing, leading, and controlling no organization can survive in a
structural form.
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