How Roche Diagnostics Develops Global Managers Name: University: Course: Tutor: Abstract: Roche is a health care company with a pharmaceuticals division and diagnostics division. The company has a presence in Switzerland, German and United States where research and development activities which help identify ways in which diagnostic tests can assist patients manage individualized care…
Download full paperFile format: .doc, available for editing
Download file to see previous pages
Roche develops global managers through global rotation program called Perspectives program. Employees with MBAs or PhD degree can participate in this international career program that consists of four assignments each lasting six months. Each assignment is taken in a different country, or laboratory and 95 percent of all participants have completed the program successfully. How Roche diagnostics develops global managers Who is responsible for developing global leaders The organization has the responsibility of developing global leaders. The management and the human resource department should initiate strategies and career development programs in order to develop global leaders (Smilansky, 2006). The global marketplace requires employees with multiple skills like communication capability and ability to understand the global business culture. Global organizations operate in multiple locations and usually provide goods and services that are suitable for the particular national market and which consider the culture of the country (Smilansky, 2006). The parent country and host country should cooperate by allowing work permit for global managers in order to create a pool of talented global leaders. Global organizations require marketing strategies that consider flexibility due to the differences in market needs and culture of the people. Additionally, business schools have a role to play in highlighting the global economy and cultures of different locations in the world. Advanced business degrees should focus on real business experiences of multiple international business locations (Smilansky, 2006). Ramifications of not having global leaders In my profession field, there are various ramifications of not having global leaders in the marketing field. Global leaders influence the marketing and global brand management strategies selected by the organization due to cultural issues in different locations. There will be limited opportunities for professional growth and career advancement and organizations will experience high labor turnover and inability to attract and retain multi-skilled employees (Smilansky, 2006). Without global leaders, the language selected in advertisements and promotional materials will not fit the culture of the location since some countries like Japanese prefer a high-context language and direct messages, unlike low-context cultures (Smilansky, 2006). Without global leaders, an organization will not understand the values and attitudes of consumers in a particular location. The organization will also fail in new product design and packaging since aesthetics such as taste, smell and size influence the attitudes of the consumers towards a product depending on their culture (McCall & Hollenbeck, 2002). Such organizations will lose market share and ultimately decline the productivity of the product in particular locations. Without the global leaders, the organization will not understand the unique needs and preferences of consumers and the needs of the workforce thus leading to decline in market share (McCall & Hollenbeck, 2002). US public policy changes that can encourage companies to develop global leaders Roche’s Perspectives program invests many resources in the development of global leaders, but there are public policy changes which can be made in the U.S to encourage compani
...Download file to see next pagesRead More
Cite this document
(“How Roche Diagnostics Develops Global Managers Research Paper”, n.d.)
How Roche Diagnostics Develops Global Managers Research Paper. Retrieved from https://studentshare.org/management/1456735-how-roche-diagnostics-develops-global-managers
(How Roche Diagnostics Develops Global Managers Research Paper)
How Roche Diagnostics Develops Global Managers Research Paper. https://studentshare.org/management/1456735-how-roche-diagnostics-develops-global-managers.
“How Roche Diagnostics Develops Global Managers Research Paper”, n.d. https://studentshare.org/management/1456735-how-roche-diagnostics-develops-global-managers.
The opening of the thesis report consists of the brief history of the Roche Pharmaceuticals. The report continue with the definition of knowledge management, incentives to employees, activities of Roche, diversified operations, research and development, the target market and personalized healthcare.
Roche essentially deals in pharmaceuticals many of which are life saving drugs. Hence, Research and Development plays the most significant role in its product development. Most of the products produced by Roche pharmaceuticals are Make to Stock products except for very large customers such as big hospitals where the company can change its manufacturing strategy to a Make to order strategy.
In the era of globalization the concept of cross border and international business has become very popular (McNally and Parry, 2000). In this evolving situation, the business entities now require much more strategic approach towards their businesses in remain to remains stable and competitive around the world.
Mack states that managers should display the futuristic traits in their approach to issues while working with diversified group of employees (3). Moreover, the managers should handle the challenges in the companies in sober and bold ways. At the same time, the managers should utilize the opportunities that a company encounters in its operations.
Because of this, businesses have also been compelled to go global, and thereby making global leadership mandatory. The seriousness of this matter is that businesses that remain localised are likely to be stifled out of the competitive market share in the business world, by multinationals.
Identification of Three Actual or Typical Risks in Quest Diagnostics. Description of the Way Risks Might Adversely Impact Quality 6 VI. Identification of at Least Three External and Internal Factors that Influence Quality Outcomes at Quest Diagnostics. How the Factors Might Negatively Affect Quality of Outcomes at the Company 7 VII.
Communication plays a vital role in influencing some results in global virtue teams. Face-to-face communication is rare or not there at all thus other forms of communication such as through the internet, fiber optic network as
The determination of organizational effectiveness is essential for organizations that are funded by shareholders and stakeholders who will be interested in knowing the progress of their investments. Organizational effectiveness is
According to the study conducted, resistance to change is stressful and disruptive to organizations when they want to implement change. However, this is unavoidable because employees are diverse and react differently to change. For this reason, managers, and agents of change have a crucial role in encouraging employees to accept change
4 Pages(1000 words)Research Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"How Roche Diagnostics Develops Global Managers"
with a personal 20% discount.