Write a 6 page essay on Managing Complexity: A System Approach.Download file to see previous pages... This essay describes the challenges of the Siemens, that is a multinational corporation with its o

Write a 6 page essay on Managing Complexity: A System Approach.

This essay describes the challenges of the Siemens, that is a multinational corporation with its operations in more than 190 countries around the world. It experiences challenges, that were discussed in the essay due to complexity of its operations, different geographical locations, different culture orientations, different economic variable like exchange rates, a varied business environments and other challenges which hinder its smooth operations of value creation for its shareholders. However, amidst these challenges it has to stay focused on its missions and visions and stay competitive in the industry characterized by stiff competition, speed and information technology superiority, which wanes the market share for each of its firm. It is stated by the researcher that Siemens has remained resilient in conducting its businesses around the world due to its robust management expertise, utilization of information technology. creativity and innovativeness in product development and matching its strategy to the local cultures, that each of its subsidiaries is located. It integrates different tools and techniques in its management practices, which has become part of its culture in conducting its business around the world, such as widely known is the Human Safety Manual technique (HSM) and Soft Skill Methodology (SSM) methodologies. The researcher also provides his opinion and recommendations to the Siemens's management trategies as a consultant and states that he would rather use Soft Skill Method than adopting the HSM methods.