International Strategy and Organizational Design
An introduction to key concepts and ideas
This presentation will include:
An overview of international strategy look into the global strategic planning process
Forecast of changes in the business environment affecting strategic planning
Details of the relationship between strategic planning and organizational design
Assessment of the types of controls in an international company
Strategic Planning is NOT Dead!"
Big thinking is back in style for organizations
Strategic planning is a vital part of big thinking
Without strategic planning, daily operations are misguided and likely to lead the organization to ruin
An overview of international strategy (why plan globally?)
Global planning is essential so that resources are coordinated in such as way to gain competitive advantage over companies beyond our borders
Being able to compete globally will open up many more organizational opportunities look into the global strategic planning process, consisting of these steps:
Analyzing our external environments (competition, for example)
Consider our internal environment (such as company strengths and weaknesses)
Define our business and mission (what do we do and how we do it)
Set corporate objectives (where do we want to go from here)
Quantify goals (how to measure progress)
Formulate strategies (what is the plan)
Make tactical plans (carry out the plan for results)
Forecast of changes in the business environment affecting strategic planning
Competitors enter or exit the market
Our company changes internally or externally
Competition changes in some way
New products or markets emerge
Details of the relationship between strategic planning and organizational design
An understanding of how a focus on strategy allows for proper formation of the organizational strategy
Strategic planning helps define the organization in line with the goals of the organization over the short- and long-term
Assessment of the types of controls in an international company
-Down Control-Management dictates policy and controls strategy
-Up Control-Plans originate in the lowest levels of the organization and rise
Iterative Control- Control comes from top and bottom until balance is realized
Putting it All Together..
Strategic Planning is alive and well; we need it to plan for effective growth
Our plan needs to be global in nature to make the most of all opportunities
Global Strategic Planning gives us the best chances for growth and change
Global Strategic Planning will keep us ahead of our competition
Thank you for your time and attention!
Questions and Answers
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