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According to Hunya, Multinational organizations (MO) represent the most operative and rationalized system to promote economic development, technological transfer, and deepening globalization (2002). Although this assertion is correct by looking at the tangible benefits MO have produced in the economy; this rationalized system is far from being sufficient to resolve the fundamental issues humanity faces today (e.g., poverty, hunger, illness, and reduced opportunities to develop intellectual, and psychological skills of individuals). Dynamics of the business environment are paired with the inherent complexity of globalization, generating the imminent need to match (1) language and cultural values barriers -foundation of mental programs frameworks (Clawson, 2006), with (2) ethical global business decision mechanisms. This actuality represents probably the biggest challenge MO face today to survive and prosper. This study shows the power of simplicity and how basic actions can improve MO financial and operative performance.
About the author
Expert in turnaround large and complex manufacturing global operations. Proven achievements in Electronic Manufacturing services, Automotive, Medical, Telecom and Electro-Mechanical industries. Repeatedly producing sustained revenue and EBITDA. Extensive business background in international, multi-cultural environments.
