Now in almost all universities, regardless of their focus, there are management faculties. Many applicants choose this particular field in the process of their education, not always clearly understanding what it is. This is because the words "manager", "international management" and others in recent years are increasingly common. That is why it is worth understanding the concepts and the benefits that this knowledge can bring to a developing business.
What is management?
If we talk about the definition, then management is a specific and independent type of activity. It is aimed at achieving a specific goal in a specific field of activity, which occurs through the direct use of certain labor and material resources, taking into account established principles, methods and functions of management. Of course, due to the fact that now almost every fourth employee is called “such and such manager”, it becomes very difficult to understand what kind of profession it is and how it relates to international management. Revealing its meaning, it is important to know that the very definition of "management" includes:
1. Marketing and forecasting, market research (in particular, consumption and demand).
2. The production of a particular type of product with minimal cost, but with maximum income.
3. Direct personnel management.
Features of international management
In this case, it is not so difficult to understand that international management is a more complex type of management. And its main goal is the formation of a competitive, developing company due to the fact that its business will exist in various countries. That is why it is important here to take into account certain social, economic, psychological, demographic and even cultural characteristics of those countries with which the company interacts.
Naturally, international management has its own specifics and certain features. So, it is worth noting that its structure covers five areas of corporate business management:
1. The need for research, analysis and evaluation of the external business environment and the internal environment of the organization.
2. Communicative processes and direct decision making.
3. Implementation of basic management functions (planning, motivation, organization, control and coordination).
4. Work on group dynamics and leadership features.
5. Issues of the effectiveness of the company (work with personnel, production, direct marketing and production management in general).
Therefore, international management involves special abilities, knowledge and skills. We can say that this is a much more complex concept than just “management”. And, along with this, it is the structure that determines international management and its main feature - the need to use those advantages and opportunities in the context of business activity that will be effective in the direct interaction of countries and the promotion of business.
It cannot be said that representatives of this sphere of activity should have undeniable logic. Work in the field of international management can not only those who have certain theoretical knowledge and skills. These should be people who will correspond to the direct structure of international management, knowing how to work correctly in all five areas that he suggests. And in many ways these skills are determined by the individual psychological characteristics of the individual. Therefore, the approach to choosing a specialty that will subsequently allow you to occupy the position of international manager should be deliberate and balanced.