Current Issues in Management

Paper Summary:

This paper discusses how globalization, the outsourcing of former core functions, and fundamental changes in consumer behavior can impact a company's efforts to survive in this increasingly competitive environment. The paper discusses the issues that management faces and looks at ways that they can overcome them in order to succeed.

Table of Contents:
Introduction
Literature Review
Globalization
Outsourcing and the Use of Consultants
Traditional and New Constraints to Organizational Change
Changes in Consumer Behavior

From the Paper:

"Like most savvy business leaders, consultants are also "interested in the performance effects of management concepts" (Nicolai and Robken, 2006 p. 425). The objectivity and expertise provided by consultants and other knowledgeable sources can also lend credibility to the company's leadership and their management tactics. In this regard, Nicolai and Robken note that, "Management concepts fulfill the function of legitimizing the organization to external stakeholders. Companies tend to use management techniques rather superficially and put them over the existing structure like a protective cover. External organizational stakeholders, such as banks, suppliers, the media, owners or authorities are vital for every organization" (p. 427). This is not to say, of course, that simply turning all of a company's problems over to consultants or outsourcing function after function until there is nothing left is the solution; it is to say, though, that a growing number of successful organizations are using these methods in various ways to good effect."

Sample of Sources Used:

• Adams, S. M. and A. Zanzi. (2004). "Academic development for careers in management consulting." Career Development International 9(6): 559-577.
• Bennett, H. and M. Durkin. (2000). "The effects of organizational change on employee psychological attachment: An exploratory study." Journal of Managerial Psychology 15(2): 126-147.
• Bitzenis, A. (2004). "Is globalization consistent with the accumulation of FDI inflows in the Balkan countries? Regionalisation for the case of FDI inflows in Bulgaria." European Business Review 16(4): 406-425.
• Chonko, L. B., J. A. Roberts and E. Jones. (2006). "Diagnosing Sales Force Change Resistance: What We Can Learn from the Addiction Literature." The Marketing Management Journal 16(1): 44-71.
• Johansson, A. W. (2004). "Consulting as story-making." Journal of Management Development 23(4): 339-354.

More papers on Current Issues in Management:

• Analytical Essay # 128654 : "An Overview of Current Issues in Leagility"
• Article Review # 129781 : "Current Issues in Canadian Business"
• Research Paper # 119553 : "Current Issues and Trends in Health Care"

APA Citation:

MLA Citation: