Global Challenges Impacting SMEs Essay Example | Topics and Well Written Essays - 2500 words

Global Challenges Impacting SMEs - Essay Example As the research stresses globalized and integrated platform, it has become mandatory for the SMEs to develop their resources, capabilities and competencies for being able to confront and mitigate the completion and challenges arising from the developed and emerging countries and at the same time capture the new opportunities arising in the markets of these countries. For this purpose, the SMEs have to first identify the challenges and sources of challenges and prioritise the same so that they can prepare suitable strategic management plans and business development plans which are to be implemented for reinforcing the sustainability, growth and success of these enterprises. According to the dicussion findings challenging and dynamic global markets have created the need for the SMEs to compete with both domestic and international rivals. In addition to that, the need to consider a number of emerging issues like sustainability, ethical and environmental compliance , human rights management and the management of cross cultural business activities and diversified and homogenous human resource groups also act as key challenges that have to mitigated and managed by companies of all level. Nevertheless, in such adverse situations, the competitive capability of the SMEs is often questionable. The SMEs as business organizations face challenges because of two main aspects.

Organisational psychology Essay Example | Topics and Well Written Essays - 2500 words

Organisational psychology - Essay Example The workplace should be a place with as little conflict as possible for it to be conducive for productivity. It is important, according to the article, to interact with the employee to resolve the problems. Moreover, a list is provided for the most difficult employees, with bullies at the top, along with ways to deal with them according to the behaviour they manifest. For example, the author states that a dictator is someone who likes to take charge in everything and wants to intimidate others; therefore, to deal with such a person, it is best if one does not challenge them, but at the same time remains learns to say no to them without being intimidated. The list of difficult employees includes bullies who like to frighten and manipulate others, martyrs who crave sympathy and often crib about how they are mistreated prompting guilt and attention from others, narcissists who are only involved in themselves and do not work with the team, chatterers who love to talk, serial fault finders who, as the name suggests, only like to pick out faults in the work of others, clams who are the exact opposite of chatterers and who keep to themselves, dictators who like to run the office their own way and not accommodate others but to order them around, and finally whingers who like to complain about everything big or small. No doubt dealing with so many employees is hard on the manager as each has his or her own individual temperaments. According to research, it is important to first realise why the problem occurred in the first place, a topic dealt with in the article. It was put forward by experts that it is important to first deal with the problems that face the employee before trying to deal with the employee (Albright, 1978), so much so that it is important for the manger to be aware of the problems facing the employee and to eliminate them even before they start having an effect on the