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Global Strategic Planning - Coggle Diagram
Global Strategic Planning
Overview on Global Strategic Planning
Competitiveness is now a global fact of business life, and all companies must think internationally and plan globally
Understanding that managers, businesses, industries, nations, and regions make decisions in a cross-cultural setting is an essential part of global planning.
The old adage that "bigness equals advantage" has been abandoned in favor of an organization's ability to adapt to shifting markets.
FDI Inflows Down
FDI net inflows are the value of inward direct investment made by non-resident investors in the reporting economy.
The UNCTAD notes that FDI flows were uneven to various nations and regions.
FDI inflows increased in 111 countries around the world, while they decreased in 82.
From $95 billion in 2002, FDI flows to the Asia-Pacific region reached $107 billion, with 36 countries receiving more than in 2002 and 21 receiving less.
The Strategic Planner in a Global Multicultural
Environment
Managers all over the world will face additional obstacles as we enter the twenty-first century.
They will be expected to discover more and better strategies for resource management: physical, human, financial, and informational
The multicultural strategic planner will need to learn about the different cultures' value systems.
The company that operates in a country's market will be able to put its strategies into action with the least amount of resistance to change thanks to this.
FDI Prospects
Global FDI prospects are anticipated to be favorable in both the short and long term.
Competition for FDI is expected to remain fierce in the years to come, despite the recovery in FDI.
The anticipated FDI recovery is set in motion by the acceleration of global GDP growth, relatively low interest rates in major capital exporting economies, and rise in domestic investment and industrial output.
Services, particularly IT, telecommunications, and tourism, are expected to attract the most FDI. Manufacturing prospects are also anticipated to be favorable, though they may vary by industry.
FDI Outflows Up
In contrast to FDI inflows, developed country outflows increased slightly in 2003.
With a 32% increase in outflows in 2003, the United States of America was once more the primary investor nation.
Despite increases in outflows from France and the United Kingdom of 16% and 57%, respectively, EU outflows decreased by 4%.
Germany saw a 70% drop in outflows as parent companies cut back on loans to foreign affiliates.