Nobody downloaded yet

International business management report - Essay Example

Comments (0) Cite this document
Introduction Project Management is considered as a discipline with objective of achieving project related goals. A Project starts as a temporary objective with a definite beginning and end therefore to achieve the overall objectives and manage the resources in given constraints become critically important…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
International business management report
Read TextPreview

Extract of sample "International business management report"

Download file to see previous pages The involvement of cross functional teams and different stakeholders therefore require project management to be governed in effective manner. This report will also include evidence from the various reports of National Audit Office on the success of implementing Shared Services in UK and will take practical insights from the same. ManCo’s decision to implement a shared service to manage certain business processes will require a systematic approach towards understanding how the overall dynamics of project management work besides how leadership can effectively contribute towards the success of the project. More collaboration needs to be on the development of agile systems which are not overly complex as well as fulfill the requirements of the internal customers of the project. This report will provide analysis and insights into how ManCo can manage the overall project of initiating the required changes in the processes. This report will further discuss about critical issues and principles related with the successful project management. Key Principles of Project Management One of the key principles a project follows is the clear definition of what project is and how much the project manager is actually responsible for. In order to successfully launch the project of managing the shared services across different locations, it is important first to actually define what this project is and what it intends to achieve. Practically, however, project managers fail to clearly define the projects and determine the accountabilities for this. Various reports by National Audit Office (NAO) suggest that failure to clearly identify the purpose of project and who will own it can increase the cost for project managers. Definition of the roles and accountabilities is also another key principle ManCo must first determine. The people involved in the overall project, how cross functional teams will be formed and what will be the role of each member must be defined initially in order to avoid conflicts at the later stage. In order to successfully manage all the stakeholders, it is critical therefore that the roles and responsibilities of people to be involved in the overall project.( Brewer,& Strahorn, 2012) Another important and critical principle is the preparation of plan and the discussion of the same with that of the managers. As a project manager, I would therefore focus more on discussing the project and its deliverables and justifying various activities which will be undertaken in order to centralize HR, Finance, Payroll and other activities across different locations. Dissemination of information and properly communicating to all stakeholders is another important principle which needs to be followed. Not informing all the stakeholders involved may create further conflicts of interests and hence the overall governance of the project may become difficult to achieve. National Audit Office in its one of recent reports has suggested that there is a need to have in-house capability along with the business and technical expertise to manage shared services. As such, the project management principles for shared services require that in-house capabilities must be developed rather than outsourcing the shared services. Focus should be on improving the in-house efficiency and to leverage the same with tha ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“International business management report Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
International business management report Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from
(International Business Management Report Essay Example | Topics and Well Written Essays - 3000 Words)
International Business Management Report Essay Example | Topics and Well Written Essays - 3000 Words.
“International Business Management Report Essay Example | Topics and Well Written Essays - 3000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International business management report

Business Management Report: Management Restructuring

...?Business Management Report: Management Restructuring Contents Contents Introduction 2 Management Restructuring 3 Why Organization Do Restructuring3 Processes of Restructuring 4 Advantages of Restructuring 7 Disadvantages of Restructuring 9 Recommendation 11 Conclusion 12 Reference 13 Bibliography 15 Introduction The company management obtains the way of corporate restructuring when they feel that they need to change the company structure or reorganize various departments for making more profit or become better organized for fulfilling the present needs of the company. The top management of a company take the decision of restructuring when they feel that they should change the ownership of the company, work with some other company... :...
12 Pages(3000 words)Essay

Two of the Gospels, compared and contrasted

3 Pages(750 words)Assignment

Report module topic 1-6 international business management

...?Running Head: International business management report for MFC of Affiliation: International business management report for MFC Executive summary MFC’s industry of operation and products affects the whole world and any relevant as well as reliable solution can be appreciated worldwide. As outlined in this paper there are various benefits of engaging in international trade including diversification of risk, better margins, growth of business among others. These are realized through engaging in short-term and long-term forms of international trade such as...
12 Pages(3000 words)Essay

Report Module Topic 7-12 International Business Management

.... International Strategic Control Issues 14 5.1 Control Process of International Business 14 5.2 Control Problems in an International Business 15 Conclusion 16 References 17 Executive Summary The study deals with the implementation of international strategic management process that is undertaken by the firms who are planning to expand its business by entering into foreign market. The report also indicates the problems that are faced by the firms in undertaking the process and the ways to rectify it. It also elaborates the type of entry modes through which the firms penetrate into the...
12 Pages(3000 words)Essay

International Management Research Report

...Running Heading: INTERNATIONAL MANAGEMENT RESEARCH REPORT INTERNATIONAL MANAGEMENT RESEARCH REPORT [Course] INTERNATIONAL MANAGEMENT RESEARCH REPORT Executive Summary Business alliances in today's world aren't a new terminology and organizations are merging into bigger companies in order to achieve new targets and milestones. International business alliances are formed at a bigger level and companies day by day are expanding their approach towards business through this phenomenon. Companies have to search for viable...
6 Pages(1500 words)Essay

International and Global Business Preparation of detailed strategic report to management analysing the risks, possible methods of entry and attractiveness of entry for a nominated Australian company into a European and an Asian market

...may have been carried out by the initial company. The company achieves economies of scale that may not have been realized if it joined single handedly. The disadvantages of this would include:- Continued struggle in management this may be due to the feeling that one company has more control than the other or because of diverse ideas (Roberson 2004) Franchising This involves using a company in India to market the products of Bulla. This would help Bulla in introducing its products to the market without the need for direct participation. This has the following advantages:- Bulla can examine how other businesses that have used the concept have faired in the same market. One can benefit directly by using...
9 Pages(2250 words)Essay

International Business Organisation Management Report

...INTERNATIONAL BUSINESS ORGANISATION MANAGEMENT REPORT (Bunnings Warehouse) Executive Summary Bunnings warehouse is one of Australia and New Zealand's leading warehouse chains for home and garden improvement products. Today there are over 142 Bunnings warehouse stores across Australia and New Zealand and around 84 small format shop fronts. The Bunnings Warehouse Property Trust (BWPT) was established in 1998. It focuses on retailing properties with particular attention to Bunnings Warehouses which are leased to Bunnigs Pty Ltd., a wholly owned subsidiary of Wesfarmers Ltd. In 1994 the first Bunnings Warehouse was opened in Sunshine Victoria, some 52 years after becoming a...
10 Pages(2500 words)Essay

International Management Report

.../marketing-products-russia.htm David, Chelly (2006). The Russian Market. Blackwell Publishing: London DeBurca, Fletcher, and Brown, (2004) International Marketing; An SME Perspective. Prentice Hall: Sydney. Kotler, Phillip (2003). Marketing Management. (11th Ed.) Pearson Education: New Jersey. Lamb, Charles W. Jr., Hair, Joseph F. Jr., and McDaniel, Carl. Marketing Thomson South Western: Australia. Lancaster, Geoffery A. and Massington, Lester. Essentials of Marketing: Test and Cases (2nd Ed.) McGraw-Hill: London. Ministry of Trade and Ministry (2006). New Knowledge and Competence for Technology and Innovation Policies ProACT Research Programme 2001–2005. Libria Oy: Helsinki Wikipedia Online...
12 Pages(3000 words)Essay

International and Global Business - Preparation of detailed strategic report to management analysing the risks, possible methods of entry and attractiveness of entry for a nominated Australian company into a European and an Asian market

...International and Global Business: Entry into the European and Asian Markets Introduction This paper aims to present a detailed strategic report to management that analyses the risks, possible methods of entry, and attractiveness of entry for Austar, a nominated Australian company, into a European and Asian market. Austar is a telecommunications company whose focus of business is subscription television. It only commenced operations in 1995, which means the company is still young in the telecommunications industry if to take other older established ones in comparison. The company stands as the largest subscription television operator in rural and regional Australia and has reaped as many as 713,000 subscriptions. Digital satellite... network...
9 Pages(2250 words)Essay

International Business Finance Report

...International Business Finance Report and International Business Finance Report IntroductionGreen building is a compilation of materials, strategies and practices to lower and eventually get rid of the impact of buildings on the ecosystem and human beings (EU SME Centre, 2013). As opposed to other forms of environmental movements, sustainable green building materials design a real and feasible. It is long-term exercise that has a potential of making an enormous contribution to energy conservation and environmental health internationally (EU SME Centre, 2013). Nature of Green Building Material Market China While green building is...
10 Pages(2500 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic International business management report for FREE!

Contact Us