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Best Practice Companies in International Business Craig W. Roggow.

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Presentation on theme: "Best Practice Companies in International Business Craig W. Roggow."— Presentation transcript:

1 Best Practice Companies in International Business Craig W. Roggow

2 Multimedia Formats 1. To view the website publishing of this research project and all presentation formats: 1. To view the website publishing of this research project and all presentation formats: http://mergerandacquisitionstrategies.org/best- practice-companies-in-international-business/ http://mergerandacquisitionstrategies.org/best- practice-companies-in-international-business/ 2. To obtain a PowerPoint training file of this presentation separately: 2. To obtain a PowerPoint training file of this presentation separately: http://mergerandacquisitionstrategies.org/wp- content/uploads/2013/09/best-practice-companies-in- international-business-presentation_roggow.ppt http://mergerandacquisitionstrategies.org/wp- content/uploads/2013/09/best-practice-companies-in- international-business-presentation_roggow.ppt 3. To view the video training of this presentation separately: 3. To view the video training of this presentation separately: http://youtu.be/CCMORxL0YvA http://youtu.be/CCMORxL0YvA

3 Introduction In international business, some companies are highly respectable while others have a tainted reputation. In international business, some companies are highly respectable while others have a tainted reputation. Best practice companies have exemplar frameworks for corporate social reasonability. Best practice companies have exemplar frameworks for corporate social reasonability. Excellent platforms for business ethics are essential. Excellent platforms for business ethics are essential. Microsoft and Proctor & Gamble are exceptional multinationals, extraordinary initiatives, dynamic business growth, and benefit humanity. Microsoft and Proctor & Gamble are exceptional multinationals, extraordinary initiatives, dynamic business growth, and benefit humanity.

4 Objects of this Project Analyze what these best practice companies do in International Business. Define the similarities between Proctor & Gamble and Microsoft. Describe major differences between Proctor & Gamble and Microsoft. Critique Proctor & Gamble and Microsoft best practices. Implementing best practices.

5 Best Practice Company: Proctor & Gamble This multinational is a pertinent example of a best practice company in international business. This multinational is a pertinent example of a best practice company in international business. This multinational is an influential player in the global economy. This multinational is an influential player in the global economy. Across the United States, thousands of people have been employed by the company. Across the United States, thousands of people have been employed by the company.

6 Best Practice Company: Microsoft This is a highly profitable entity with extensive investments in different countries around the globe. This is a highly profitable entity with extensive investments in different countries around the globe. Specializing in the computer technology sector, the company has made tremendous contributions to the global economy. Specializing in the computer technology sector, the company has made tremendous contributions to the global economy. An employer of thousands around the world. An employer of thousands around the world.

7 Similarities between Proctor & Gamble and Microsoft A notable similarity in these companies is that they are both associated with excellent platforms for cultural integration within their respective workforces. A notable similarity in these companies is that they are both associated with excellent platforms for cultural integration within their respective workforces. They have excellent standards of business ethics. They have excellent standards of business ethics. Both companies have strongly emphasized on the developing economies. Both companies have strongly emphasized on the developing economies.

8 Differences between Proctor & Gamble and Microsoft Proctor & Gamble has a more elaborate blueprint for environmental sustainability than Microsoft. Proctor & Gamble has a more elaborate blueprint for environmental sustainability than Microsoft. The former multinational sets aside millions of dollars towards environmental conservation efforts. The former multinational sets aside millions of dollars towards environmental conservation efforts. Microsoft is dedicated towards charitable activities. Microsoft is dedicated towards charitable activities.

9 Critique of Best Practices: Proctor & Gamble and Microsoft For Microsoft, it has to devote adequate resources towards environmental initiatives. For Microsoft, it has to devote adequate resources towards environmental initiatives. Apart from environmental sustainability, it is also essential for this multinational to diversify its strategic blueprint for corporate social responsibility (Wood, 2011). Apart from environmental sustainability, it is also essential for this multinational to diversify its strategic blueprint for corporate social responsibility (Wood, 2011). There is the need to focus on the alleviation of suffering around the world. There is the need to focus on the alleviation of suffering around the world.

10 Critique of Best Practices: Proctor & Gamble and Microsoft (cont.) Both companies must also shun from using corporate social responsibility as a strategy for marketing their products and services. Both companies must also shun from using corporate social responsibility as a strategy for marketing their products and services. Based on such stipulations, both multinationals can greatly enhance their standing as best- practice companies in international business. Based on such stipulations, both multinationals can greatly enhance their standing as best- practice companies in international business.

11 Implementing Best Practices The successful implementation of best practices in international business must be based on a comprehensive strategic plan. The successful implementation of best practices in international business must be based on a comprehensive strategic plan. The maintenance of high standards of business ethics is a pertinent aspect of international business. The maintenance of high standards of business ethics is a pertinent aspect of international business. This can be achieved through the use of an elaborate code of ethics. (Griffin & Pustay, 2012). This can be achieved through the use of an elaborate code of ethics. (Griffin & Pustay, 2012).

12 Conclusion Proctor & Gamble has exceptional blueprints for corporate social responsibility. Proctor & Gamble has exceptional blueprints for corporate social responsibility. Microsoft’s hierarchy is committed towards the enhancement of human welfare through different initiatives. Microsoft’s hierarchy is committed towards the enhancement of human welfare through different initiatives. For the most part, initiatives are not based on revenue generation but promotion of people’s wellbeing For the most part, initiatives are not based on revenue generation but promotion of people’s wellbeing.

13 Blog Post For a full report on this project please visit my blog post: For a full report on this project please visit my blog post: http://mergerandacquisitionstrategies.org/best- practice-companies-in-international-business/

14 References Griffin, R. W. and Pustay, M. W. (2013). International business (7th Edition), Prentice Fall: New York, NY. Griffin, R. W. and Pustay, M. W. (2013). International business (7th Edition), Prentice Fall: New York, NY. Johnson, D. and Turner, C. (2010). International business: Themes and issues in the modern global economy, Taylor & Francis: New York, NY. Johnson, D. and Turner, C. (2010). International business: Themes and issues in the modern global economy, Taylor & Francis: New York, NY. Knight, G. A. (2013). International business: New realities, New York, NY: Pearson Publications. Knight, G. A. (2013). International business: New realities, New York, NY: Pearson Publications. Martin, R. L. (2011). Playing to win: How Strategy really works, Harvard Business School Publishing: Boston, MA. Martin, R. L. (2011). Playing to win: How Strategy really works, Harvard Business School Publishing: Boston, MA. Roggow, C. (2013). Best Practice Companies in International Business. Retrieved from: http://mergerandacquisitionstrategies.org/best-practice- companies-in-international-business/ Roggow, C. (2013). Best Practice Companies in International Business. Retrieved from: http://mergerandacquisitionstrategies.org/best-practice- companies-in-international-business/ http://mergerandacquisitionstrategies.org/best-practice- companies-in-international-business http://mergerandacquisitionstrategies.org/best-practice- companies-in-international-business Wood, J. (2011). Leaving Microsoft to change the world, Penguin Books Limited. Wood, J. (2011). Leaving Microsoft to change the world, Penguin Books Limited. Yuki, G. (2013). Leadership Organization. Prentice Hall. Yuki, G. (2013). Leadership Organization. Prentice Hall.

15 Created By Craig W. Roggow ________ Copyrights ©2013 Craig W. Roggow. All Rights Reserved.


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