By Hans Gunter
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Extra info for Transnational Industrial Relations: The Impact of Multi-National Corporations and Economic Regionalism on Industrial Relations
Example text
Some geocentrisation processes in multi-national firms 7. Progressive corporate philosophies aimed at developing the firm as a multi-national institution 8. Economic and political nationalism 10. Technical assistance in collective bargaining 7. Emerging leadership committeed to an international approach to organisation 7. Emerging forms of intergovernmental cooperation 6. Ethnocentric and polycentric tendencies in worldwide firms, industrial relations policies 9. East-West conflict 6. Experiences of international union solidarity 6.
World Company councils 5. Fear of divide and conquer strategy of worldwide institution 5. Major advances in integration of international transport and telecommunications 8. Unclarity of mission and distinctive competence of worldwide unions how multi-national firms function and their distinctive competence 7. Limited understanding of 6. Limited international managerial resources of worldwide unions 5. Distrust of international headquarters and its power objectives The Growth of Multi-National Corporations necessary (excluding the empire concept as non-feasible in our times), there is only a limited amount ofharmonisation possible with 140 or so other countries!
This means that potentially they can reach several billion consumers rather than those of a single nation State. Supergiant firms can diversify their risks by a global investment pattern, so that they are not vulnerable to the economic and political cycles of a given nation State. They are less vulnerable to takeovers or acquisition moves from other companies. Supergiants can afford the research and development necessary to make and exploit breakthroughs in science and technology. ) Supergiants can fmd highly qualified specialists and managers, afford to pay them salaries and provide a career with relatively little fear of being taken over, or financial failure.