Merging and acquisitions

first of all i am going to explain what is to merge and what is and acquisition.

For merging we can undestand a combination or absorbtion (two companies get into one).

For acquisition we can say is gaining posession that can be partial or total.

A very interesting company i chose is called Ranbaxy, which is an indian pharmaceuthical company and one of the most important and large pharmaceuthical indian firms world wide. i chose this company because with this i can explain with an example what merging and acquisition is.

What i see more interesting is that this company uses a very know method to get into a new market, and also to help other companies get into the indian market, this method is called join venture. This is an agreement in which two or more companies say they are going to cooperate and work together usualy for a defined time.

A company called Eli Lilly saw the rapid growth of Ranbaxy company and saw the oportunity to make a joint venture agreement with this company so they would be able to enter the indian market and sell some of their selected products.

Ranbaxy had a rapid growth because of their well managerial skills and the opportunities that was in the market at that time. In 1995 Ranbaxy acquired the Ohm Laboratories in us so they would be more competitive by producing in that country and not having to ship all products. In 1998 this company starts making producs for US under its own name.

One of the problems US paople see for this market is that the government has not increased the number of visas so it gives indian companies some advantage because they have the people, and this is why the acquisition or merging has become so popular nowadays for many companies world wide

Information taken from:

http://trak.in/Tags/Business/ten-indian-companies-merger-and-acquisition/

http://www.ranbaxy.com/aboutus/history.aspx

http://www.lilly.com/about/

Images taken from:

http://www.reclamos.cl/reclamo/ministerio_de_salud_pastilla_del_d_a_despu_s

http://www.greenlaunches.com/2008/06/index.php?page=2

The corporation

This task is about a documentary we saw in class called "The corporation". Now i am going to talk about how companies work, what happens with labour abuses (ethical or non ethical conditions) and what are their responsibilities.

First of all we need to know how a company works, shareholders put a capital so the company can start and in some times a different person manage the company and the shareholders just recieve their part for putting their money in. knowing this i can proceed to talk about how people get hidden behind a company name to do ilegal things or abuse of people need just with the purpose of making money no matters what.

What should a company do for not acting unethical? pay a salary according to law, pay security or provide security for the workers, keep good sanitary conditions and have infrastructure according to law (for ex. what happened in chile becouse of bad labour conditions)

A question i am going to answer according to my opinion is if companies should have the same legal rights as individuals.

I think companies cant have the same legal rights as individuals because they are very different in many ways, but they should have to make more paper work saying everything about how they take their activities done, how they treat people and what conditions are them working in. Because nowaydays i think companies have a lot of ways of doing what they want because no one can see inside company but workers.

Government should take several actions about companies that are acting against human rights so they wont be doing this again because if not, this giants will keep growing and still more companies will start doing this because its easier and they will gain even more money.

I recommend education as a solution for many society problems, because well educated people wont let companies put them into infrahuman works and also, the most important thing for me, well educated people wont be so ambitious that will put in risk human lives and this chain of pain for a lot of families that have nothing to eat will stop.

One way of stopping this actions could be by not limiting the payment for unethical conditions just to the company, but the shareholders, becouse they were also part of that and did nothing to stop it.

Here i let you a very interesting video about bussines ethics

Images taken from:

http://breakdesign.blogspot.com/

http://saemee.blogspot.com/

IOM

The IOM is the main intergovernmental organization in the field of migrations.

"IOM works to help ensure the orderly and humane management of migration, to promote international cooperation on migration issues, to assist in the search for practical solutions to migration problems and to provide humanitarian assistance to migrants in need, including refugees and internally displaced people."http://www.iom.int/jahia/Jahia/about-iom/lang/en

One of the most important things of this organization is that it recognices how important are migrants for economy and culture, and also respects the freedom of movement people have.

With freedom of movement we can understand the reasons of migrations and one of the most common is the willing for a better life, which includes a better paid job and opportunities.

Our main topic for this task is going to be female ilegal migrants and how are them different to male ones.

Most of the female ilegal migrants are woman that have no oportunities in their country because of the high unemployement and some times because they are not taked into account for good jobs.

But the reallity is that female ilegal migrants are still seen as the weak sex, so they are saw like the people who makes jobs no one wants to do and still worse, jobs that not even male ilegal migrants want to do. Because of this female workers have no more options that take those jobs that are not well paid (some times under the minimum) and can be working in not very good conditions. The bad working conditions and the need for money can lead this female workers to start in prostitution.

IOM helps female migrants by protecting their right and health so they can have a decent life in the host country. Some actions they do to improve the quality of living of migrants are the creating of programs for training women in some basic skills so they can have the opportunity to get a decent job and avoid prostitution or other ilegal jobs.

The main task IOM do at this moment is the improvement of conditions for ilegal migrants

Information taken from:
http://www.iom.int/jahia/Jahia/about-iom/lang/en
images taken from
http://cafeinitaprodigo.com/letras/docs/interlunio/juntoasiso_unrato_1.php

http://www.iom.int/jahia/Jahia/about-iom/lang/en

Ubuntu Philosophy and cross-cultural managers

In this task i am going to explain how different cultural phylosophies can be applied for a well management of a company.

Ubuntu is a classic humanist phylosophy of africa that helps the understanding of the world and the relation with the human being. One of the bases of this phylosophy says: "a person is a person throught other people" which is very important at the moment of living or working in community

Some other things ubuntu phylosophy says are that humanity is all bound, that we are humans becouse we belong, it talks about wholeness and compassion. It talks about values of people with Ubuntu, it says they are wellcoming, hospitable, warm, generous and willing to share. And one important thing is that if you have Ubuntu you have to be open and available to others.

Taking Ubuntu as company philosophy can be very beneficial because it can create closer relationships between all workers, helping the well going of the company and creating an harmonious environment.

The understanding of Ubuntu helps team mates to be open and listen different ideas and opinions which is very important at the decision making time so all options can be evaluated and taked into account. This is also important because all team mates will know that each of them are relevant and if they are not working as a team, nor goals or objectives can be achieved.

Being a cross-cultural management it is important to understand every aspect of this phylisophy because it can be really helpful at the moment of creating relations with different employees (taking into account their thinks and opinions for the improvement of company's environment) or at the moment of the negociacion for and open listening and a better negotiation result (trying to find win-win situations).

The fact of being open will let you cross all cultural barriers and can finish in an improvement of relations, activities and results in different company aspects.

Informtion taken from:

http://www.buzzle.com/editorials/7-22-2006-103206.asp

Images taken from:

http://plileadership.blogspot.com/

Bocadillos El Caribe (Metaphore)

¡Vive EL Caribe En Un Bocado!

This idea starts becouse the Colombian Caribe is known becouse of its beatiful beachs and the great cooking.

At the moment of the people consuming this "Bocadillo" they will feel the necessity of knowing more about colombia, where this awesome candy came from and hows the people that produce it.

Mainly made for the Colombian people living in other countries, to make them nostalgic about their home country and help them revive some of the culture and flavours.

As we all know, when we are out of home we feel a little nostalgic, becouse we dont have everything we had in there, making us "able" to pay even more that what an item worth just to feel our home country essence back.

Images taken from:

http://images.artelista.com/artelista/obras/big/0/3/9/4318580346731924.jpg

http://www.insitumobile.com/insitu/obj/editor/Image/CLIENTES/bocaribe.jpg

Comments

Here are some blogs with interesting topics and my opinions.

Diana Patricia Guzman
http://dianaguzman1988.blogspot.com/

Juan Fernando Ramirez
http://juanramirez00.blogspot.com/

Valentina Valencia
http://vvalenc5.blogspot.com/

Camilo Jimenez
http://miloscorner.blogspot.com/

Karen Pereira
http://karenp2007.blogspot.com/

Pygmalion effect

This is a phenomenom that explains how a group is influenced by others expectations at the moment of getting a result, mostly of the times the more expectations the better the result.

As i think its better to learn with examples than with theory, we are going to study the movie "golpe bajo".

The main topic of the movie is that theres going to be a football match between the guards of a prision and the recruits.

The guards have a well trained team with a good strategy and coach. Basically they have everything needed to train and to be the winners of the match.

At the other hand we have the recruits that had never played football and their only motivation to play that match is to get revenge of the guards that have been very top and unfair with the recruits.

There is not equality in the teams becouse as i already said the guards had everything necesary to train and was an already existing team, but the recruits did not have a good place to train (except for a place with mud) neither a good equipment nor stretegy.

Adam sandler whos a prisioner start by motivating the people to play the match because almost no one wanted to play because of the unfair conditions.

Once he recruits all the team, they start to practice and Adamn Sandler see the potential they have to win the match. He starts to belive in them and always let them know and push them to work harder in order to win.

He creates expectation and always motivates them to train, to be loyal to the team and to trust in team members.

The prisioners start to belive in themselevs and create a link between all of them. They all create confidence and at the time of the match they do their best efford becouse Adamn Sandler is motivating them all the time until they win the match against the guards.

Images gotten from:

http://i2.esmas.com/2008/09/05/8604/golpebajoeljuegofinal370x415300x350.jpg

http://www.bazuca.com/BazucaHTML/img/galeria/G/GOLPE%20BAJO%20(2005)__PETER%20SEGAL__CHRIS%20ROCK_BURT%20REYNOLDS_ADAM%20SANDLER_1.jpg

Organizational Behavior

2nd Task.

As first step to introduce you into this topic i would like to define some keywords in order to well undestand.

Organizational Behavior: We can define organizational behavior as all the attitudes and actions of individuals that belong to an organization and how this affect the organizational performance.

Manager: Person who encourages workers and help them by planning and directing in order to achieve goals.

Negotiation: Process in which two or more parties are involved in order to achieve an agreement.

Culture: Shared values, behaviors, beliefs and customs.

I would like to start by saying that as a manager you have to be able to superate all kind of issues and to globalize yourself (by globalize yourself i mean to recognize there are different cultures and people is not the same in every place of the world).

Managers will have to lead the negotiation and seek for the best for their employees and will have to focuse in the main topics (dont discuss irrelevant things) in order to gain the best for its company and achieve goals.

As a manager you have to think as if you were the hole organization becouse at the time of negotiation you are the representative so you have to be serious and linked with the company needs and goals.

Now entering to the cultural part we will have to distinguish and study different cultures we are going to negotiate with because a mistake by cultural issues can lead to a failed negotiation and maybe the broke of relations between companies.

I would recommend to all managers who are going to negotiate with an international organization, to study, to ask and to learn everything possible about the culture so the negotiation will be succesful and rewarding, and maybe the relation between both companies will improve and so the negotiations.

As an example of this i want to show this video in which we can know the importance of knowing the indian culture at the moment of negotiate.

as he says, Indiands love to bargain so you will have to be able to bargain,be very active and make different offers during the negotiation process.

The arriving of new cultures

2 weeks ago i had the privelage of experimenting a new culture called Sukyo Mahikari, im not really into religions or cultures but i would like to talk about these new kinds of thinking, how do they work and how they arrived to Medellin.