BU491 Chapter Notes - Chapter 9: United Nations Global Compact, Precautionary Principle, Extortion
Document Summary
Provide support to line managers, particularly by diffusing innovations and transferring knowledge on a worldwide basis. Recognize opportunities and risks across national and functional boundaries. Goal is to capture the full benefit of integrated worldwide operations. National defender and advocate defending their company"s market positions against local and external competitors. Transnationals integrate assets, resources, and diverse people in operating units around the world. Skills and qualifications of the country manager: entrepreneurial skills, administrative skills, strategic skills, executive skills. Personnel implications: need cms with different strengths at various stages of development; but in a mature subsidiary, the cm must have all these characteristics. Top level corporate management: provide long-term direction and purpose, clarity, continuity, consistency. Ngos have successfully established themselves as the watchdog of mnes given the inability of national governments. Supranational agencies, such as the united nations have served as mediators of dialogue and voluntary cross-sector initiatives.
