Emerging Challenges In Term Of "Change" - CiteHR
Recruitment Consultant
Joe Sat
Human Resources

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I have a assignment that is :
As we moved into the next millenium , we face a new set of competitive challenges, which represt major discontinuities and challenges.Please explain following discontinuities and emerging challenges in terms of "Change".
1. Globalization
2. Deregulation and Privitization
3. Indeterminate Industry Boundaries
4. Standards
I need data about 500 words on each topic and also two, two examples for each topic.Is there anyone who can help me?I need it urgently .

Dude ... no one is going to write a 500 liner doc for ya :D ... but if ya need pointers ...we could give ya some .... Is dere something specific that you want?
"The World is Flat" - Thomas Friedman should be a good read to help you answer this properly. Search for e-books or precis of the same.

Globalization -

The competition is beginning / has moved from the traditional local markets to a world scenario. The organization needs to be ready and nimble for it.

M&A seems to be the new norm - cultural integration in organizations is imp.... like it is famously quoted - there are 3 rivers in HP ... HP, Compaq & Digital ... coz post merger cultural integration has still not happened & thus HP is still struggling to assimilate Compaq.

Multi-cultural workforces as a result of people migrating to different parts of the world results in greater cultural sensitivity being needed.

Creation of ownership of tasks at each level & de-centralization .... making each person in the organization as much as a business owner as possible.

Changing media for advertisement, mass communication & communication

Necessity to leverage technology

Leveraged Buy-Outs ( Smaller players buying out larger players eg- Tata Corus

De-regulation & Privatization

The fall of communism in Russia .... inefficiencies created in protected companies ....the difficulties competing on a global scale for inefficient companies .... greater eye on creating wealth for the shareholder

Inderminate Industry Boundaries

Getting difficult to identify core -business ... diversification has become the norm. e.g - Videocon group - more than 40 % of its revenue comes from Oil... due to investments made in the sector .... margins are getting lower on certain product lines ... tremendous competition exists from international players ... but does not have the money to scale up in the oil sector too

eg- Diversification - Reliance India

Convergence of computing & mobile communication ... eg- Blackberry, Ifone .... it becomes an advantage for a mobile telephony service provider

to provide these handsets .... Apple moving from a Computer manufacturer into Phones & Music Players ... Diversification within the same media e.g - Google


Number of new industry standard bodies coming up e.g - Healthcare -HIPPA & HL7

Compliance a big task & involves changing existing infrastructure

Cartels forming standards to create barriers to entry

Difficulties in coming up with win-win standards

These are just a few random thoughts... I am sure there are many more things that can be factored in under each head.

Hope I have been of assistance.



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