The Top Management - 1521 Words

While the numbers of expatriates across the world have been increasing so has been the difference in their performance or the outcome of the assignment. Research in recent years has been able to partly explain the reason for such variances that have largely been attributed to culture, manager support, home country support and so on. However one of the most crucial aspects, pertaining to the psychological impact of the location that the expatriate moves into, or the sense of security the expatriate expects to feel while on their assignment has largely been ignored (Bader and Berg, 2013). In this ever evolving scenario of volatility and uncertainty, now more than ever, crisis management will need to begin with the ownership, involvement and strategic direction of the C-suite thus ensuring that the process in itself becomes a part of the DNA of the organization. Further, involvement of the top management helps navigate complicated decisions that seek to balance, responsibility to employees and expatriates in particular versus business profitability and responsibility to the environment and social populace versus market share and image (Howard, 1991). The purpose of strategic crisis management is not to choose one over the other but rather to put in place plans that ensure that balance rather than hard choices prevail. Ensuring Expatriate employee safety and evacuation thus involves a three-pronged approach comprising of Awareness of the environment that helps in pin pointingShow MoreRelatedThe Top Management Of Waste Management Essay1410 Words   |  6 PagesFor any organization, waste management is one of the top priorities for environmental sustainability strategy. Waste management entails a responsible operation toward the environment and thus ISO certification. 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Whichever naming convention one prefers, the basic roles and responsibilities are the same; top level managers focus on the organization as a whole; middle level managers focus on specific business units, product lines or departments; low level managers focus on an office, installation, or facility, and haveRead MoreThe Importance of the Role of Top Management1148 Words   |  5 PagesANSWER 1 : IMPORTANCE OF ROLE OF TOP MANAGEMENT: It is true that total quality management involves the commitment of employees at every level within the organization for improvement of processes and practices within an organization. The article provides and emphasizes that the role of leader/ top management is very crucial for continuous improvement and business excellence for an organization. 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Many students do notRead MoreTop Management For Crm And Practicing Crm Essay1683 Words   |  7 PagesAccording to Vazifehdust and Shahnavazi, (2012) there are nine CSFs. The CSFs determined are: Top management: Top management involvement in CRM and practicing CRM as their organisational vision and mission. The role of top managers is eliminating constraints (such as rigid regulation, hierarchical bureaucracy, lack of funding to CRM programs, close culture and etc) faced by organization when implementing CRM process. Chief executive officer: Leadership is responsible for creating the customer visionRead MoreCase Study : The Top Management Team1565 Words   |  7 Pagesduring this time a scandal was occurring where the upper management team members pocketed millions of dollars. Toshiba practiced unlawful accounting practices and over estimated their future profits. This scandal is an example of improper use of internal control and the misuse of the path-goal theory by over stating g oals, which management knew employees would not be able to accomplish without using some type of loophole to top management benefits. This scandal started in 2008 and was exposed inRead MoreCorporate Governance : The Top Level Management1078 Words   |  5 Pagesparts of all corporations are shareholders, board of directors, and the top management. Shareholders are owners of the shares of a corporation. Board of directors are an elected team of members that work together in order to oversee the activities of a company or organization. Top management refers to the Top-Level Management. 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