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Competing in a global context study (Economic / Financial flows …
Competing in a global context
Context
Internal / External
STEEPLE / PESTLE
Innovation
Regional Innovation Systems
Glocalisation
Globalisation
HRM
Race to the bottom
Convergence / Divergence
Crossvergence
Marketing
Branding
Identity
Naming
Reputation
Equity
Ethical issues
Exporting consumerism
Cultural homogenisation
Modes of entry
Global Trade Environment
Competition among businesses
Five forces model
Suppliers
Buyers
Direct industry competitors
Potential entrants
'Sunk costs' barrier to entry
Substitute goods/services
Competition / Trade among countries
Cultural differences
Counter trends (eg. tariffs)
Comparative Advantage
Absolute
Relative
Diamond Model
Related / Supporting industries
Structure of firms / rivalry
Demand Conditions
Factor conditions
Employee relations
HRM
Internationalisation
Understand local differences
Offshoring
lower some costs
short term? - re-shoring
risk customer service?
International Ops Strategy
Multi-domestic operations
Regional operations
Home country operations with exports
Global coordinated operations
Facility location
country specific
local
Supply Chain
Efficiency
Optimise whole chain not 1 tier
Bullwhip effect
Vertical Integration
Inefficient
Inflexible
Outsourcing
Supply partners
Tier 1, 2 or 3
Power imbalance?
Barnes outsourcing matrix
Economic / Financial flows
International financial institutions
IMF
World Bank
Balance of payments
Foreign Direct Investment
Global imbalances
surpluses v defecits
public v private spending
Multinationals
International Tax
Transfer Pricing
Tax evasion
Exchange Rates
international financial reporting
IFRS Standards
City Leadership
Leadership forms
Political
Managerial
Civic
Business
Elements
Actors
Structures
Processes
+1 - Followers
