MGT 304 CAse Analysis
Sochi: Managing A VUCA World Experience
The 2014 Winter Olympic Games will take place in Sochi Russia. For a period of time Sochi will become the home to more than 60 countries and will be abundant with many different cultures. In order for the Games to become a success, several managerial tasks will need to be accomplished. Once those tasks have been implemented, their results will determine how the rest of the world perceives the Sochi 2014 Winter Olympic Games. This case analysis aims to break down the main concepts of the “Management Across Cultures” text and ideals from class and integrate these concepts and ideals into a structured plan that would be applied to manage the 2014 Sochi Winter Olympic Games.
I am going to break the structure of this analysis down into 6 groups; Global Realities, Global Managers, Cultural Environment, Organizational Environment, and Situational Environment (SNSR). These 5 groups will be the basis of managing the Olympic games, and subgroups from all 5 groups will also be used. I will also be using one of the TED talks (which really connected m) incorporating the concepts from Pico Iyer TED talk “Where is home?” into the managerial structure used for the games. Lastly, I would like to stress that the point of incorporating all of these concepts and ideals into this structure. Is to efficiently manage the games, and also to prepare for a VUCA (volatility, uncertainty, complexity, and ambiguity) world experience. Meaning that the games will be full of moments that are unexpected, subject to change, lacking predictability, and full of uncertainty. Thus the goal is to best prepare for those various moments and situations.
With the games being very multicultural it will be important to develop a management team that can be prepared to handle many different situations. In other words the team will know how to facilitate management success in global environments. This team will be competent in all the groupings. The first grouping
The 2014 Winter Olympic Games will take place in Sochi Russia. For a period of time Sochi will become the home to more than 60 countries and will be abundant with many different cultures. In order for the Games to become a success, several managerial tasks will need to be accomplished. Once those tasks have been implemented, their results will determine how the rest of the world perceives the Sochi 2014 Winter Olympic Games. This case analysis aims to break down the main concepts of the “Management Across Cultures” text and ideals from class and integrate these concepts and ideals into a structured plan that would be applied to manage the 2014 Sochi Winter Olympic Games.
I am going to break the structure of this analysis down into 6 groups; Global Realities, Global Managers, Cultural Environment, Organizational Environment, and Situational Environment (SNSR). These 5 groups will be the basis of managing the Olympic games, and subgroups from all 5 groups will also be used. I will also be using one of the TED talks (which really connected m) incorporating the concepts from Pico Iyer TED talk “Where is home?” into the managerial structure used for the games. Lastly, I would like to stress that the point of incorporating all of these concepts and ideals into this structure. Is to efficiently manage the games, and also to prepare for a VUCA (volatility, uncertainty, complexity, and ambiguity) world experience. Meaning that the games will be full of moments that are unexpected, subject to change, lacking predictability, and full of uncertainty. Thus the goal is to best prepare for those various moments and situations.
With the games being very multicultural it will be important to develop a management team that can be prepared to handle many different situations. In other words the team will know how to facilitate management success in global environments. This team will be competent in all the groupings. The first grouping