Global Strategy Articles Essay

523 words - 3 pages

Organizing for Worldwide Effectiveness: This article discusses how companies across the globe are trying to overcome the hurdles related with the overall global economy. Different corporate strategies do in fact have different tradeoffs. Responding only to the needs of a local community/culture suggest that companies cannot sell the same product globally. Companies that sell the same product globally, however, suggest their incapability to respond to their local environments. With this being said, the main takeaway from this article is that the most effective and successful worldwide corporations use a transnational organization for long-term sustainability. Transnational organizations strategically merge a centralized and decentralized structure together.
• Matsushita - demonstrates a centralized organization. They manage this style through Multiple Linkages, Market Mechanisms, and Personnel ...view middle of the document...

The main takeaway from this article is that companies need to work harmoniously through cooperative and accommodating efforts. The article also discussed the different roles for national subsidiaries which include:
• Strategic Leader - played by a proficient national subsidiary strategically located in an important market.
• Contributor - a subsidiary in a small market but with a unique capability.
• Implementer – located in a less strategically important market with just enough capability to preserve its local operation.
• Black Hole – a company with little global sway, but its strong local existence is important.
Kent Chemical: 1. The first issue was the new strategy that obligated managers of different areas to follow common procedure in financial reports, target settings, and capital allocations. The second issue was the very independent subsidiaries that perceive their ways to be correct. The third was a lack of coordination and open communication of local branches with headquarters. Every arm used their own personal knowledge to operate their issues, which resulted in the decision-makers in local offices to be reluctant to communicate with the global offices. 2. Morales introduced the GBDs to improve communication in three main business areas and encouraged local offices to follow the one main corporate strategy. This was unsuccessful because each business sector did not have local knowledge and did not fully understand their responsibilities. Their styles were interventional leading to more problems. 3. Sterling Partners recommendations are similar to Transnational Organizations where decentralizing and centralized structures were blended together. The matrix organization was created to improve communication and to mix global strategy with local needs. Also operation of each business area was changed. As a result, consumer products then ran their business based on local customer needs. Due to fire protection laws in each country, the fire products should be localized. Finally, medical plastic would be managed by blending local and global operations since clients were multinational companies which were able to supply globally.

Other assignments on Global Strategy Articles

Marketing Strategy Essay

1605 words - 7 pages -a94404. Gundlach G, W. W. (2009). The American Marketing Association's New Definition of Marketing: Perspective and Commentary on the 2007 Revision. Journal of Public Policy & Marketing, 259-264. The Times Newspaper. (2011). Marketing mix (price, place, promotion, product). Retrieved March 21, 2011, from http://www.thetimes100.co.uk/theory/theory--marketing-mix-(price-place-promotion-product)--243.php. WebSiteMaketingPlan.com . (2006). Pricing strategy - articles explaining pricing . Retrieved March 21, 2011, from http://www.websitemarketingplan.com/directory/index.php?PID=75.

Hitachi Essay

4145 words - 17 pages Hitachi advertisement derived from the Hitachi Smart city concept, that the company seems to be centrally pursuing in its global strategy via a strategy called the ‘social innovation business’. The advertisement, vision and the corporate credo gives the audience a nutshell view about the firm's strategic orientation and its purpose. Furthermore the company's vision statement signifies good corporate citizenenship and its social credo in alignment

Forms Of Strategic Decision Making

2964 words - 12 pages generated from individual elements in its surroundings such as geographical, political, economic and socio-cultural factors that directly affect processes in the organisation, including the behaviour of people in it (Johnson, Whittington & Scholes, 2011). Individual spheres of the surrounding environment have different impact on business objectives, strategy, long-term and short-term targets. In recent years, factors of global economy increasingly

Liberty Tax

799 words - 4 pages as well as on the national magazines. The company should use the social media as well as internet for writing the articles and advertorials the magazines. Moreover, the other effective methods that can be used by the company for marketing adoption and for attracting the target customer is running ads in the newspapers or in the Yellow Pages. References: Mintzberg, Henry and, Quinn, James Brian, (1996). “The Strategy Process: Concepts, Contexts, Cases”. Prentice Hall. Kvint Vladimir. (2009) “The Global Emerging Market: Strategic Management and Economics”. http://m.nasdaq.com/symbol/tax

Barilla Spa Case

1295 words - 6 pages Chain, EMNS, Inc. – Global Supplier Quality Assurance (GSQA) May 2013 http://www.gsqa.com/newsletters/2013/05/index.shtml The Triple-A Supply Chain, Hau L. Lee, Harvard Business School On point Article, October 2004, http://www.sclgme.org/shopcart/documents/agile_supply_chain.pdf Managing late payment risks within the supply chain February 2013 http://www.cnplus.co.uk/sme-hub/managing-late-payment-risks-within-the-supply-chain/8642429.article Government to name big businesses that do not publicly commit to prompt payments http://www.out-law.com/en/articles/2012/november/government-to-name-big-businesses-that-do-not-publicly-commit-to-prompt-payments/

The Fast Food Industry

5324 words - 22 pages industry is also growing rapidly due to opportunities in other global markets. In McDonald’s case, they actually have a competitive advantage because they have already entered many different countries and are succeeding in these countries. Each firm within the food-service industry is susceptible to losing customers because there are relatively no switching costs for consumers, therefore the industry has to rely heavily on their brand image and

Case Summary

6626 words - 27 pages aExecutive Summary The case gives an idea about how the competition influenced Jollibee's strategy, both domestic and international. Jollibee ,which was a Filipino chain of restaurants, was forced to change their strategy with the entry of McDonalds in Philippines, which later transformed the company into a global company .The company faced serious challenges with their international exposure. The challenges included the conflicts with

Mcdpnald's Case Study

2511 words - 11 pages · Tendency of the customers to switch from one product to another · Food quality is highly affected by consumer’s trends, demography and patterns. 6. Describe how McDonald’s strategy has evolved under each of its CEOs. Did Ray Kroc have the most influence of any CEO on McDonald’s strategy? Do you agree that Greenberg should have resigned in response to McDonald’s loss in 2002? To what extent do you believe McDonald’s current

Miss

5774 words - 24 pages helped the company to build close relationships with dealers, customers and the community. The customer-focused strategy of Mahindra is making its customers as their brand advocates. This in turn is helping the company to build the brand of premier player in North America. PepsiCo has begun to reap the benefits of reverse innovation in its snack-foods business by innovating locally using global capabilities. They tried to maintain the right balance

Managing In A Borderless World

7068 words - 29 pages ), Triad Power: The Coming Shape of Global Competition (Free Press. 1985), and Beyond National Borders (Dow fones-Irwin, 1987). Mr. Ohmae's articles for HBR will be part of a book on global strategy to be published by Doubleday in 1990. HARVARD BUSINESS REVIEW May-|une 1989 Or we can sit in our living rooms at home, watch CNN, and know instantaneously what is happening in the United States. During 1988, nearly 90% of all Japanese honeymooners went

Bernard Madoff

2506 words - 11 pages ability to gain the trust of investors by his reputation and prestige within the community but most importantly his funds annual returns. In 1960, Madoff started his investment firm Bernard L. Madoff Investment Securities with his wife, investing the $5,000 he made from lifeguarding and $50,000 he borrowed from his in-laws (Biography). Their investment strategy was to match buyers of penny stocks, which are low-priced shares that traded on over

Similar Documents

Tesla Final Paper

1316 words - 6 pages great marketing technique in order generate visibility. Hence, such a strategy would save Tesla millions of dollars as it is advertising free. (Zart, 2014) Such cars shall be placed near popular Danish brands. (Reynolds, 2013) Tesla should continue to maintain a global advertising free marketing campaign. However, in a local country like Denmark, it is essential for Tesla to allow some flexibility to market heavily. Such a technique is

Wikipedia Swot Essay

2036 words - 9 pages 2012, “4.3 million articles more than the English Wikipedia” that counts with 3.861.000 articles. Wikipedia Strengths: Global coverage and free access: Wikipedia has editions in more than 270 languages, with more than 82.000 contributors . Its quantity of data is close to 20 million articles; these statistics could make Wikipedia the biggest free encyclopedia ever to exist, with free access and open to be edited by everybody. This statistic

The Role Of Strategic Conversations Essay

1280 words - 6 pages The role of Strategic Conversations with Stakeholders in the Formation of Corporate Social Responsibility Strategy. Summary The main discussion of this journal is to explore the role and the use of strategic conversations in corporate social responsibility (CSR) strategy formation from a conceptual perspective to actual practices. Based on this research, the authors have given the strongly recommendation that by intensifying the

Student Essay

3934 words - 16 pages administration, including strategic analysis. www.quickmba.com/strategy [Accessed 13 February 2008] Society of Competitive Intelligence Professionals (SCIP) SCIP is a global organisation for those involved in the practice of collecting competitive intelligence. The society produces conferences, ‘Webinars,’ an online archive of articles related to the field and a quarterly journal. www.scip.org [Accessed 13 February 2008] Strategy + Business Online