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Globalization and Strategic Management

The document discusses globalization as the interconnectedness of economies, cultures, and societies, highlighting its benefits like economic growth and cultural exchange, as well as challenges such as competition and environmental concerns. It emphasizes the importance of strategic management in navigating the global landscape through market analysis, competitive analysis, and strategic choices. The conclusion stresses the need for organizations to develop global strategies and capabilities to succeed in a global context.

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92 views13 pages

Globalization and Strategic Management

The document discusses globalization as the interconnectedness of economies, cultures, and societies, highlighting its benefits like economic growth and cultural exchange, as well as challenges such as competition and environmental concerns. It emphasizes the importance of strategic management in navigating the global landscape through market analysis, competitive analysis, and strategic choices. The conclusion stresses the need for organizations to develop global strategies and capabilities to succeed in a global context.

Uploaded by

al10002491
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Presentation

• Topic : Globalization and Strategic Management


• Submitted by : Minahil Saleem
Munawar Abbas
Abdul Haseeb Khan
Samiullah
• Submitted to : Sir Khuzaima Saeed
• BS Agri-Business & Marketing
Globalization and
Strategic Management
What is Globalization?
• Globalization is the increasing interconnectedness of the world's
economies, societies, and cultures.
• Key drivers: Technology, trade, investment, and migration
• Bullet points: Increased international trade
Growth of multinational corporations
Advances in transportation and communication
Increased mobility of people and ideas
Benefits of Globalization
Increased economic growth and opportunities
Improved access to new markets, technologies, and resources
Enhanced global competitiveness
Cultural exchange and diversity
• Bullet points:
Creation of new jobs and industries
Increased access to education and healthcare
Improved standard of living
Increased innovation and entrepreneurship
Challenges of Globalization
Increased competition and market saturation
Cultural and language barriers
Economic and social inequalities
Environmental concerns and sustainability
• Bullet points:
Job displacement and unemployment
Increased income inequality
Cultural homogenization
Environmental degradation
Strategic Management in a Global
Context
Strategic management is the process of developing and
implementing strategies to achieve organizational goals.
• Key elements:
Global market analysis, competitive analysis, and strategic choice
Global Market Analysis
• PESTEL framework:
Political, Economic, Social, Technological, Environmental, and Legal factors
Market segmentation and targeting
Global market trends and outlook
• Bullet points:
Demographic changes
Economic shifts
Technological advancements
Environmental concerns
Competitive Analysis
• Porter's Five Forces framework:
Threat of new entrants, Bargaining power of suppliers, Bargaining
power of buyers, Threat of substitute products, and Competitive rivalry
Competitor profiling and analysis
• Bullet points:
Industry structure
Competitive dynamics
Market trends
Key competitors
Strategic Choice
• Global strategy options:
Multidomestic, Global, Transnational- Market entry strategies
Exporting, Licensing, Franchising, Joint ventures, Wholly owned
subsidiaries
Strategic alliances and partnerships
• Bullet points:
Globalization strategies
Market entry modes
Partnership and alliance strategies
Implementation and Control
Organizational structure and design
Global human resource management
Performance measurement and evaluation
Bullet points:
Organizational design
Global staffing
Performance metrics
Control systems
Globalization and Sustainability
The impact of globalization on the environment
Sustainable business practices
Corporate social responsibility
• Bullet points:
Environmental impact
Sustainable practices
Corporate social responsibility
Stakeholder engagement
Globalization and Ethics
The ethical implications of globalization
Cultural differences and ethical considerations
Global business ethics
Bullet points:
Ethical implications
Cultural differences
Global business ethics
Stakeholder engagement
Conclusion
• Globalization presents both opportunities and challenges for
organizations.
• Strategic management is critical for success in a global context.
• Organizations must develop global strategies, build global
capabilities, and foster a global mindset.

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