Culture and organisation (HR related) Essay Example | Topics and Well Written Essays - 3500 words

Culture and organisation (HR related) - Essay Example Hagan (1996) postulates that globalization has not only altered the nature and the intensity of competition but has had to dictate and shape organizations in terms of what consumers wants, how and when they want it and what they are prepared to pay for it (Hagan 1996:1). Arguing in the same light, Kanter (1995:71) on his work of "Mastering Change" stipulated that success in the present day business is not for those companies trying to re-engineer the way they do things, or for those fixing the past (Kanter 1995). To the researcher, trying to fix the past will not be an adequate response. Kanter rather argues that, success is based on an organisation's ability to create, rather than predict the future by developing those products that will literally transform the way the world thinks and view it self and the needs (Kanter 1995:71). Today, it has become quite eminent that, businesses and firms no-longer compete as individual companies but try to corporate with other businesses in their activities (Wu & Chien 2007:2). For example, the much sing song conventional vertical integrated company based business model is gradually being replaced by collaborative relationship between many fragmented, but complementary and specialized value stars and constellation (Wu & Chien:1). This paper examines the human resources challenges and cultural problems Mitsubishi Corporation currently face in the light of the global financial crisis. The paper is divided into four sections. Section one of the paper provides a brief overview of the activities of Mitsubishi Corporation. Section two of the report discusses the central issues to be addressed in this report. Section three presents the central problem and issues, while the last section of the paper suggested applicable solutions and improvement based on the problems identified in the first section. This section also presents pertinent recommendation and a way forward for Mitsubishi Corporation. 1.1 Overview of Mitsubishi Corporation Activities Mitsubishi Corporation is a Japanese based general trading Company with over 200 bases of operations in about 80 countries (Report 2008). According to the company's Report (2008), it activities are diverse and can be classified under seven business groups; industrial finance, logistics and development group, energy and business group; metals group; Machinery group, Chemical group and Living essentials group company (Report 2008). 2.0 Justification and Theoretical Framework to conduct this study According to Dwyer & Kemp (2000), organizational culture is a tool in the management strategic armory which appears to be invisible yet it influences "why" "how" "what" and "when" things are done in an organization (Dwyer & Kemp 2000) in other words "it is the way things are being done here" (Johnson 1992:28, Johnson & Scholes 1997:66). It has been argued by Dwyer & Kemp (2000) that most traditional approach to organisational strategy ignores an important and powerful