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How to adapt your organisation's approach to a Global Context?…
How to adapt your organisation's approach to a Global Context?
International Operations
Global approach
Develop global vision
Supply chain management
Efficiency - bullwhip effect
Strategically analyzing - Michael Porter
Vertically integrated
Outsourcing
Supplier relationships
Friendly nations index
International Ops Strategies
Implications & Problems
'input-process-output' model
Sustainability
Planning complexity
Impact on quality
Offshoring vs re-shoring
Human Resource Management
International labour market - opportunities/challenges
Create 'win-win' situations
Transition from employee relations
Help organisations navigate globalisation
Globalisation - Progress or Race to the Bottom?
International Marketing
Global marketplace
Triggers and decisions
Multinational Company (MNC) vs Global firm
Micro & Macro environments
Modes of entry
Globalisation vs customisation
Branding
Key concepts
Equity
Identity
Content
Reputation
Roles for organisation & consumers
Innovation & Globalisation :
Global - International - Local
Brand tribes and communities
Use of country of origin
Ethical Issues
Exporting consumerism, cultural homogenization
Targeting lower income consumers
Differing standards of consumer protection
Geographical segregation of business operations
Corporate Social Responsibility (CSR)
Global Trade Environment
'Global Village' (McLuhan)
Analysis
Michael Porter - Diamond Model
Michael Porter - 5 Forces Model
Understanding key to business
Global Economy
Comparative Advantage
Absolute
Relative
City Leadership
Role of big cities
Main forms
Political
Civic
Managerial
Business
Sustainable cities
Economic & Financial Flows
Foreign Direct Investments
Balance of payments - economic indicator
International Financial Institutions
International Monetary Fund (IMF)
World Bank Group
Global imbalances
Role of multinationals
Tax
Base Erosion and Profit Sharing (BEPS) reporting
Transfer Pricing
Arm's Length Principal
Unitary taxation with profit appointment
Exchange Rates
International Financial Reporting Standards (IFRS)
Innovation Context
Regional vs National Innovation Systems
Globalisation vs Glocalisation
Geographical Spread
Global culture
Comparison culture
Convergence or Divergence - adopt
Global knowledge, local needs
Crossvergence - adapt
Business Context
External influence
Political regulations
Physical resources
External stakeholders
Cultural norms
Internal influence
Organisation's governance structures
Prevailing culture
Internal stakeholders
Existing relationships serves/members
STEEPLE & PESTLE Analysis
Fundamental to Innovation