From time to time, a manager may be faced with the need to change the internal rules of the game within his/her MNE. What skills and capabilities may be useful in achieving this?

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From time to time, a manager may be faced with the need to change the internal rules of the game within his/her MNE. What skills and capabilities may be useful in achieving this?

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From time to time, a manager may be faced with the need to change the internal rules of the game within his/her MNE. What skills and capabilities may be useful in achieving this?

Answer & Explanation (1)

Explanation
Multinational enterprise (MNE)/Multinational corporation (MNC)- just multinational or international corporation, is an enterprise producing goods or delivering services in more than one country.

References:

https://link.springer.com/referenceworkentry/10.1057%2F978-1-349-94848-2_447-1#:~:text=Essentially%2C%20MNE%20strategy%20encompasses%20three,global%20learning%20(Ghoshal%201987).

https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Glossary:Multinational_enterprise_(MNE)

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Answer
The manager should have an effective multinational enterprise (MNE) strategy. First he need to be efficient and be an effective decision maker in solving problems regarding his MNE for the need of global efficiency and local adaptation; second, he must be a risk taker in choosing what's best for the corporation for the levels of risk assumed and the flexibility required to mitigate risks; and last he must always aim to learn new things that gives the opportunity for new knowledge and will give more global learning that will help on the operation and strategies that the company may use that will make the corporation better.

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