Assignment 2: Keys to
Success in Multinational Companies
Due Week 6 and worth
220 points
It is widely known
that Knowledge Management Systems are the key to success in multinational
companies. Imagine that you are a Vice President of a company that is ramping
up to go global.
Please choose one (1)
of the following industries for the purposes of this assignment:
Jewelry
Fashion / Apparel
Chemicals
Consumer electronics,
electronic components
Medical supplies or
equipment
Bins, totes, crates,
material handling
Food products
Drug products
Children’s products,
clothing, toys, etc.
Note: You may create
and / or assume all necessary assumptions needed for the completion of this
assignment.
You have been tasked
with designing a comprehensive best practices policy list geared towards
managing existing knowledge and any new knowledge as it becomes viable. The
best practices policy should include a compiled task list that will help your
company to handle not only the regular issues of conducting business within a
foreign country, but also the unexpected events (e.g., earthquakes,
demonstrations, bomb threats, etc.), no matter the country or countries into
which you will be expanding. The policy list should also take any unique
challenges that your company may face into consideration.
Write a six to eight
(6-8) page paper in which you:
Design a comprehensive
best practices policy list that includes policies on the following:
Sanitation (e.g., hand
washing, toilet facilities, etc.
Conflict resolution
(e.g., settling disputes, mediation and / or arbitration with designated
mediator on staff, etc.)
In-house teams (e.g.,
minimum meeting times, scribes, appointed leaders, etc.)
Online team (e.g.,
24-hour coverage on phone due to time differences, etc.)
Security (e.g.,
leaving doors open, locks, key return policy for departing workers, etc.)
Emergency evacuation
procedures
Determine the key
benefits of creating such policies. Provide a rationale for your response.
Speculate on the major
ramifications if such policies are not created. Provide a rationale for your
response.
Predict the significant
ways in which the best practices policy that you created will contribute
towards the long-term sustainability of the company. Provide a rationale for
your response.
Determine whether or
not your best practices policy would provide a competitive advantage over other
international companies. Provide one (1) example of a company using a best
practices policy to support your response.
Use at least three (3)
quality academic resources in this assignment. Note: Wikipedia and other
similar websites do not qualify as academic resources.
