Organizations growth Research Paper Example | Topics and Well Written Essays - 1750 words

Organizations growth - search Paper ExampleIf the firm ass maintain an adequate aim of cash and other resources, it can swiftly move to acquire undervalued firms to actually create an opportunity to deliver more value to the shareholders of the firm. (Damoiseau, Black, & Raggio, 2011) In order to expand globally, firms therefore have to manage whether they want to grow organically or by means of expansion. In either way firm has to manage certain issues which will be discussed below in order to be successful at global level. Cultural Profile Culture plays chief(prenominal) use in the overall success of the organization at the local as well as the external level. The wariness of assortment within an organization buy the farmly demonstrated the need for having a clear compend of how the culture of the organization will be changed and reshaped in a manner which is more suitable for the firm. In order to successfully operate in countries like India, it is therefore important th at the cultural assessment must(prenominal) be done. The overall cultural profile of India would suggest that India is a developing country with established historical and cultural roots. The same has been transferred into the management style of the firms operating in the environment too. Over the period of time, India however, is do a transition towards a global corporate culture which is required for fostering of the global management culture within the organization. India is a country which is dominated by masculine culture which is based upon traditions and family businesses. The Tata group started as a family business and is still is a family business despite the fact that it is now an internationalistist conglomerated. Indian culture therefore is focused upon family businesses where bosses and managers are considered like father figures. Communication Issues Another important role of the leader in managing change is to communicate across a shared vision for the change a nd the future of the firm. Providing a clear and vivid communion across the whole firm therefore makes it clear for each one of the employee and other stakeholders to basically know what their roles and responsibilities are and what the firm actually expects from them. Such an come up therefore ensures that the leaders inculcate the vision across the whole organization through effective communication across all the channels. One of the ways through which leaders manage change is to ensure the perceptual constancy during the change process as change is not being viewed by every person in same manner. Like Tata Group which remained an organization where culture was not so conducive and employees worked as if they were running(a) in a public sector organization. In such situation, the productivity was relatively low and as such complacency developed across all the companies working under the banner of Tata Group. As a leader, Ratan Tata therefore has to ensure that the painful tran sition of the organization takes place as quickly as possible in order to take advantage of the relative opening of Indian economy to the international world. One of the key requirements therefore first is to initiate that change required to make the firm to affirm and meet the future requirements of the market. (Ahn, Adamson, & Dornbusch, 2004). This was only achieved through effective communication because change at the global level requires effective communication of the changes. Communication within a particular cultural group can however, begin