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Global Strategic Planning - Coggle Diagram
Global Strategic Planning
The Role of the Transnational Corporations
envisioned as engines of growth partly because of their role in providing capital and training, stimulating trade, and generating and transmitting technology and innovation
determine to some extent international patterns of trade flows, the transfer of technology across national borders, and the interna- tional allocation of finance, have national economic policies of both home and host countries become less effective
contradictory considerations of the need to reap the rewards of participating in the international division of labor on the one hand and of controlling the adverse effects of worldwide competition on the other have resulted in increased attention
The Strategic Planner in a Global Multicultural Environment
Think beyond local perceptions, and transform stereotypes into positive views of people.
Prepare for new mind shifts while eliminating old mindsets.
Re-create cultural assumptions, norms, and practices based on new insights and experiences.
Reprogram their mental maps and constructs.
Acquire multicultural competencies and skills, including foreign lan-
guages.
Cultural Contrasts in Value
Americans
Freedom
Independence
Self-reliance
Equality
Individualism
Japanese
Belonging
Group harmony
Collectiveness
Age/seniority
Group consensus
Arabs
Family security
Family harmony
Parental guidance 4. Age
Authority
Overview on Global Strategic Planning
necessitates an awareness that decisions taken by man- agers, firms, industries, nations, and regions are done so in a cross-cultural environment.
Competitiveness is now a global fact of business life, and all companies must think internationally and plan globally
Much of the literature on achieving competitiveness has focused on struc- tural aspects of the business environment, which should be taken into con- sideration by corporate strategic planners