Study Document
Cultural Conflicts in Multinational Corporations Thesis
Pages:5 (1639 words)
Sources:4
Subject:Business
Topic:Multinational Corporation
Document Type:Thesis
Document:#827318
Each customer's predictive score informs actions to be taken with that customer. Business intelligence just doesn't get more actionable than that." (Siegel, 2009)
Predictive analytics involves: (1) a focus on actions; (2) rapid deployment; and (3) engagement of business and IT. (Siegel, 2009) Decision management is characterized by: (1) a focus on decisions; (2) the combination of business rules with analytics; and (3) putting predictive analytics to work. (Siegel, 2009) Irwin Speizer writes that there is a "new generation of workforce-planning tools" that offer great promise through the use of "sophisticated software and data-rich predictive-modeling techniques..." (Speizer, 2006) It is stated that the study of "internal staffing history and skill sets, external and internal business trends, demographic data and other variables" that the HR leader can "predict a company's talent-related needs years into the future." (Speizer, 2006)
V. Summary & Conclusion
Starbucks did manage to negotiate their way successfully through the events occurring with Ethiopian coffee farmers and likewise today's MNC can do the same through utilization of open communication and as noted by Kaczmarczyk and Lewicki (2007) a deep interaction "of local culture, patterns of behavior and perceptional schemes" allowing the MNC to become standardized however only in alignment with local culture and principles instead of attempting to adapt the organization to some type of 'universal norm'.
Bibliography
Kaczmarczyk, Pawel and Lewicki, Mikolaj (2007) "Lost In Transformation."
Cultural Encounters In Multinational Corporations Investing In Central And Eastern Europe. DIOSCURI Final Conference, Institute for Human Sciences, Vienna. 20-22 April. 20007. Online available at:
Fellner, Kim (2008) Private Sector: Starbucks Leaner, Meaner. 8 Jul 2008. Post-Gazette.com Business. Online available at: http://www.post-gazette.com/pg/08190/895381-28.stm
O'Neill, Brendan (2009) Israel, Starbucks and the New Irrationalism. 14 Jan 2009. War In Gaza. SPIKED.com. online available at: http://www.spiked-online.com/index.php?/site/article/6103/
Fellner, Kim (2008) Starbucks v. Ethiopia. 15 Sept 2008. Foreign Policy in Focus (FPIF) online available at: http://www.fpif.org/articles/starbucks_v_ethiopia
Globalization 101 (nd) The Levin Institute. Online Available at: http://www.globalization101.org/uploads/File/Culture/cultall2009.pdf
Siegel, Eric (2009) Predictive Analytics 101. Digital Alex 30 Aug 2009. Online available at: http://www.alexlcohen.com/web-analytics/2009/08/30/predictive-analytics-world/
Speizer, Irwin (2006) Talent Forecasts.…
Sample Source(s) Used
Bibliography
Kaczmarczyk, Pawel and Lewicki, Mikolaj (2007) "Lost In Transformation."
Cultural Encounters In Multinational Corporations Investing In Central And Eastern Europe. DIOSCURI Final Conference, Institute for Human Sciences, Vienna. 20-22 April. 20007. Online available at:
Fellner, Kim (2008) Private Sector: Starbucks Leaner, Meaner. 8 Jul 2008. Post-Gazette.com Business. Online available at: http://www.post-gazette.com/pg/08190/895381-28.stm
O'Neill, Brendan (2009) Israel, Starbucks and the New Irrationalism. 14 Jan 2009. War In Gaza. SPIKED.com. online available at: http://www.spiked-online.com/index.php?/site/article/6103/
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