International Management Consulting - Assignment Example

International management consulting Table of Contents Table of Contents 2 Introduction 3 Neoliberalism in terms of western consultants firms 3 Whydoes Neo-liberalism promote ethical risks? 4 Limitations of western consultancy in adoption of Neoliberalism 4 Four modes of reflexivity in neoliberalism or the promotion of risk in neoliberalism 5 2) How are the practises of Western consultancies promote the Neo-Liberalism, 9 The process of interlinking Neoliberalism consultancy along with reflexivity 9 Reasons of risk failure in global and western consultancy: 9 Remedial actions for reducing ethical risks of Neoliberalism consultancy 10 Conclusion 12 Reference List 14 Introduction In the globalised era the consulting firms are increasing rapidly to provide strategic support to various firms. They help in making proper adoption of strategic framework in meeting proper global sustainability. Neoliberalism is the most contemporary strategies of making consulting development of human development in organisations. In the current study, the researcher is going to outline various affects of neoliberalism concept in terms of providing strategic consultation to different corporate houses. However, the study is making the critical contrast of neoliberalism in prompting ethical risks in western consultants firms (Azmanova, 2010). Neoliberalism in terms of western consultants firms An economist adopts neoliberalism system in different perspective and socialists are adopting neoliberalism for certain other perspective. Market consultants are utilising neoliberalism system in terms of managing employee development in developing or developed countries. Socialism supports the neoliberal entrepreneurship that promotes as well as adopts proper development of employees and operational support (Apple, 2001). In addition, neoliberalism can be prompting economic aspects of the society. Neoliberalism terms in reference to western consultants firms are aiming to set priority in allocating personal assets rights among the peoples. However, neoliberalism in terms of western consultants firms are adopting wide spread atmosphere that are empowering the rights of employees and stakeholders (Bellamy, 2000). Financial and monetary organisations are making an instant development of utilising neoliberalism in adopting consultancy firms. However, neoliberalism is creating certain ethical risks for the western consultants in the developing countries. Mainly, neoliberalism is increasing the ethical risk of managing development of employees and stakeholder’s wealth (Azmanova, 2010). Mainly management of consultancy firms are aiming to manage direct circumstances or interference created as the ethical risks for neoliberalism. Market forces in the developing countries can be raised because of political instability. Neoliberalism can be stated as the opposite force of socialism condition. In addition, responsibility and welfare of stakeholders and employees are making sustainability development (Clarke, 2003). 1) Why does Neo-liberalism promote ethical risks? Limitations of western consultancy in adoption of Neoliberalism Western consulting firms are facing certain issues in terms of adopting neoliberalism concept. However, neoliberalism concept is creating certain risks for the organisation as well as making the contemporary aspects of global consultancy support. In addition, corporate sectors are facing the challenge of ethical risks in consultancy firms. On the contrary, neoliberalism can create certain other risks for developing countries (Ferguson, 2008). Neoliberalism can create certain risks due to change and operating structural change. These policies can be harming the stake of the employees and the stakeholders. Moreover, neoliberalism policies can harm business operations as well as managing the sustainability and growth in the competitive world (Bellamy, 2000). In addition, ethical risks occurred for Neo liberalised consulting support gradually increase potential risk for society alongside organisations. However, developing countries are seeking for an intense development regarding stakeholders. On the other hand, western consultants are required for adopting proper strategies regarding welfare and concern of stakeholders along with growth and sustainability (Harvey, 2014). Four modes of reflexivity in neoliberalism or the promotion of risk in neoliberalism Neoliberalism is creating mainly four potential type of risk for the western developing countries and consulting firms. In addition, these risks can reduce the scope of success for global consultancy firms. Mainly, neoliberalised consultancy can change current environment and operational policies. In addition, such developed consultancy can create certain circumstances that will restrict employees to take innovative ideas in operational policies (Clarke, 2003). However, reflexivity will be aiding management in adopting feasible decisions with the help of collective source of employees and co-managers. Neo liberalist type of consulting can create gap in replicating conceptual process of each and every individual to reach goals ascertained by the management level. In addition, reflexivity will face the challenge of lower value in terms of achieving goals (Hogenboom and FernándezJilberto, 2012). Communicative reflexivity Western consultants are required to maintain proper technique of implementing communicating process with the clients and the other involved stakeholders. Management and Western consultants are required to maintain proper plans and coordination among various stakeholders and employees for decision making process. This is a crucial state of maintaining proper development of organisational policies along with different type of featured policies of neoliberalised consultancy (Ferguson, 2008). In addition, proper communication will be increasing productivity of the organisation. However, neoliberalised consultancy does not empower employee’s perception and expectation. In addition, it can be outlined that social course of consultancy faced stable conditions of ethical concept in 20th century, whereas; in 21st century consulting firms are facing the challenge regarding ethical consideration. People are more concerned about family or cultural background in their professional aspects. In neoliberalised world, organisations are facing issues as because of employees or members of firms are providing more values to their families and acquaintances (Kiely, 2005). However, communicative reflexivity in consulting process can evolve politics among the parties that are associated with different parties of the organisations. Moreover, organisations can face the potential threat related to complicated relations along with many conflicting process. Organisations and consultancy firms are able to meet proper coordination among the various group and teams of employees (NIHEI, 2010). Autonomous reflexivity Western consultants are adopting proper time of thinking process to increase the result orientation. In addition, consultants are making precise objectives to achieve best possible rate of growth and sustainability. Western consultants in the neoliberated system desire to make interaction among the employees and different managers (Ferguson, 2008). Western consultants seek perception of the employees and management to collect various beliefs and social aspects (Ferguson, 2008). Social course of consulting adopted ascending trend to increase Western consultants. Consultants with the exchange of ideas are categorising worthwhile career opportunities. However, Western consultants can be able to provide proper guidance to the organisations in terms of achieving proper profitability and growth (Sawyer and Arestis, 2004). Western consultants can provide proper importance of career opportunity. Moreover, consultants are able to explore external opportunities associated with the organisational perspective. Moreover, Western consultants are able to provide proper support in terms of achieving career opportunities. Status of the peoples or stakeholders in terms of money or compensation values is also contrasted by consultants (Ferguson, 2008). Comparative sovereignty judgement is another domain of feasible consulting among the people. On the contrary, major limitation of such reflexivity is that it does not cooperates Meta reflexivity process and achievement of goals is tough (Harvey, 2014). In addition, in the time of termination of employment contract, such policies do not aid consultants. Still there is huge potential of facing higher challenge of facing loss of intellectual property. Moreover, challenges are faced by the middle aged persons are higher (Schinkel and Van Houdt, 2010). Meta reflexivity Meta reflexivity encourages consultants on making ethical decisions. Western consultants are concentrating on the moral values along with value of managing source of revenue. Western consultants are adopting policy of empowering autonomous decisions. Characteristic of social course is maintaining lateral changes that are ensuring value for each and every participant (Hogenboom and FernándezJilberto, 2012). Different professions are contrasted by the consultants so that each and every underlined opportunity can be explored. Professional features like the roles and responsibilities of clients are outlined by consultants in contrast of neoliberalised set up. Consultants can be outlining historical cases which are motivating employees and participants of career development (Wolfreys, 2012). Intellectual property must be having certain rate of inspiring action in terms of getting the best out of people. Consulting efforts might be varied from each other along with the concept and background of different people who had participated in the consulting process (Kiely, 2005). Moreover, Neo liberalised consultants are least bothered about moral questions. In addition, they are more concerned about strategic support process along with the legal aspects. Consultants are exploring the scopes available in the organisational perspective (Sawyer and Arestis, 2004). On the contrary, Meta reflexivity is quite difficult for the management level to adopt proper development aspects (Harvey, 2014). Fractured reflexivity Neoliberalised type of consultancy connects and emerges out different type of in house conversation. Moreover, any sort of change in terms of managing operations can create higher risk of fear and operational actions of the organisations (Sawyer and Arestis, 2004). Action of the neoliberalised consultants specially the western one does not follow any sort of discussion among the employees. Reflection of the employees in terms of generating distress and negative thinking regarding the changed operations are essential fractured reflexivity in neoliberalised condition (Hogenboom and Fernández Jilberto, 2012). This fractured reflexivity adopts either stable or downward type of techniques in the consulting action. Relationship conflicts or change in situational can hamper work policy in working ambiance. In addition, researcher observed that fractures can soothe with respect to time (Markham and OMahoney, 2013). Consultants must ensure proper support to the victim regarding such fractured reflexivity (Sawyer and Arestis, 2004). Fractured reflexivity policies of the organisation can adopt the policies for various complexities like family and other emotional policies. Impressions are collected from the consulting participants, while, Imagination is empowered by the different departments of the organisations (Sawyer and Arestis, 2004). However, marketing departments of global corporate houses use to make certain conflict with the other departments regarding the occupational queries. However, decisions are collected from sole point of view in aspect of neoliberalism. It avoids deep depression aspects among the participants and they are readily empowering the employees emotions (Kiely, 2005). 2) How are the practises of Western consultancies promote the Neo-Liberalism, The process of interlinking Neoliberalism consultancy along with reflexivity Social reflexivity for the Neoliberalism western consultancy will be allocating natural strategies to maintain predefined goals. In addition, organisations are facing the challenge of crashed strategies alongside the fractured reflexivity among the organisation. Moreover, a work environment does not suit every one (Sawyer and Arestis, 2004). Neoliberalism western consultancy increases autonomous way of creative thinking along with the Meta reflexivity for the western consultancy. On the contrary, fractured reflexives must be interlinked with the communicative one to obtain proper support of Neoliberalised western consultancy (Sawyer and Arestis, 2004). Reasons of risk failure in global and western consultancy: Mainly the clients are seeking for the consultation regarding the news that was previously decided by the management or client. Western consultancy also helps in improving share price of the organisation. Managers will get a psychological aid from the consultation (Sawyer and Arestis, 2004). However, system of Neoliberalised western consultancy is facing the challenge of failure. However, they are facing the challenge regarding uncertain project outcome. Consultancies never disclose failed projects in terms of meeting the predetermined targets, conversely, successful project along with the targets are displayed as the major project variable. Global market of consultation providing service industry is facing increasing competition. Consultancy business is facing the challenge of lower share of the profits and growth rate of the industry is limiting. Therefore, selection of various consulting techniques is essential for the organisation. Contemporary social system is facing the huge change like the liberalism and neoliberalism. Requirement of people from the westerns consultants are changing rapidly. Capacity of the payment of the people will reduce due the economic dispersions. Recession and inflation are increasing job cuts and improper compensation techniques. Neoliberalised consultation policies are facing some sort of biasness among peoples. Mission of the organisation will be impossible if they are not able to manage communication and coordination (Schinkel and Van Houdt, 2010). Remedial actions for reducing ethical risks of Neoliberalism consultancy Neoliberalised consultancies are facing the challenge in terms of providing feasible support for the management of different type of the organisation. Western consultancy will be impacted by the Government representative’s behaviours. In addition legal constraints will be maximising the potential aspects of the consultation and employability. Leave or employment management will be major concern for the western consultancies. Neoliberalised consultation will improvise strong link among the employer and employees. Decision making is one of major potential aspect of growth and strategic decision making (Schinkel and Van Houdt, 2010). Procedures and rules of neoliberalised western consultancy must follow proper recruitment process. Promotion and compensation criteria must be benefitted with certain appraisals techniques. Team management rules must be clear in terms of increasing knowledge management and development along with setting team targets (Sawyer and Arestis, 2004). Organisational structure of Neoliberalism in western consultancy will be outlining the business processes. In addition, partnership agreements must be disclosed by the western consultancy along with legal rules (Schinkel and Van Houdt, 2010). Education and societal values are outlined on the behalf of various factors training schedules which includes professional associations among the organisation. Mentoring of team is another important task of the Neoliberalised western consultancy (Sawyer and Arestis, 2004). Operational review meetings will help in making network development. Newsletters and benchmarking process will maintain strong market and employee research. On the contrary, Corporate PR will aid the management or clients to develop in the western consultancy (Wolfreys, 2012). Code of conduct and formal procedure of the clients is another crucial factors of western consultancy. Creation of knowledge for the western consultancy is essential for the governance requirements of any type of organisation. Neoliberated condition of economy will empower stakeholders of the organisations (Schinkel and Van Houdt, 2010). Western consultancy needs to communicate with the Project Manager and the owners of business. Communication on the other hand is locating the authorised parts of risks management. Progress reports must be maintained by the western consultancy in terms of maintaining bench mark criteria. Clients are selecting the best consultancy on the basis of managing problems along with benchmark solutions. Western consultancy can employ weighted criteria on the basis of spreadsheet development (Apple, 2001). Western consultancy offers consultation facility on the basis of direct meeting and sharing of knowledge. References of the clients must be checked along with their background by western consultancy. Neoliberalised consultants will demand proper consultation grades that include skills and comparative charges. Professional liability must be covered under the consultancy contracts. Consultation charges and costs must be reasonable for the clients (Schinkel and Van Houdt, 2010). Arrears payments modes must be offered. Risk and return profile must be maintained by the western consultancy in terms of managing sound relationship with the clients regarding the strategic partnership. Performance bonuses and compensation appraisals must be provided in the western consultancy agreements (Azmanova, 2010). Contracts with the clients regarding western consultancy controls must be controlled in terms of the client requirement. Trigger payments is mainly the penalty payments that are charged by western consultancy towards the clients and management of different aspects of respondents. Termination effects must be enlisted in the contract paper of western consultancy in the neoliberalised economy (Apple, 2001). Western consultancy must be set their charges as per competitive manner and aligning with economic capability of clients. Neoliberalised consultation must be flexible enough to meet changing consultation requirement of clients. Conclusion The current study has helped the researcher in outlining various aspects of neoliberalised affects in the consultancy western developing economy. Neoliberalised aspects in the consulting perspective are described proper magnet of western consultants firms actions. In addition, researcher also outlined various limitations of western consultancy in the mean of adoption of neoliberalism. In addition, the researcher critically outlined four modes of reflexivity in neoliberalised aspects of western consultancy. Researcher obtained highest knowledge about the communicative reflexivity, autonomous reflexivity, Meta reflexivity and fractured reflexivity that will aid him in making a proper comment on the study topic. Process of interlinking neoliberalised consultancy along with reflexivity is also outlined by the researcher to help in the future development. However, outlining reasons of risk failure in global and western consultancy can help the researcher in making different type of aspects of managing remedial actions for reducing ethical risks of Neoliberalised consultancy. Reference List Apple, M., 2001. Gender Meets Neo-Liberalism. Discourse, 22(1), pp.115-118. Azmanova, A., 2010. Capitalism Reorganized: Social Justice after Neo-liberalism. Constellations, 17(3), pp.390-406. Bellamy, R., 2000. Rethinking liberalism. London: Pinter / Continuum. Clarke, J., 2003. Turning inside Out? Globalization, Neo-liberalism and Welfare States. Anthropologica, 45(2), p.201. Ferguson, I., 2008. Reclaiming social work. Los Angeles: SAGE Publications. Harvey, C., 2014. Mobilizing against neo-liberalism? Global affirmative action in context. Cultural Dynamics. 37(2), pp. 237-249 Hogenboom, B. and Fernández Jilberto, A., 2012. Neo-liberalism, big business and the evolution of interest group activity in Latin America. J. 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