Strategic Management In Global Context.pptx

Strategic management in a global supply chain designs and oversees the efficient flow of goods and services across international borders, considering factors like cost, regulations, and customer needs. It's like conducting a global orchestra, ensuring all parts work together to deliver products smoothly.

1. Strategic Management In Global Context Presented by Sunny Mall

2. Topics The Global Business Environment Strategic Analysis Strategy Formulation Strategy Implementation Conclusion

3. The Global Business Environment Globalization: The increasing interconnectedness of the world's economies, cultures, and societies. Political and economic instability: The risk of political and economic turmoil in different parts of the world. Technological change: The rapid development of new technologies that can have a profound impact on businesses.

4. Strategic Analysis SWOT analysis: A tool for analyzing a company's strengths, weaknesses, opportunities, and threats. PESTEL analysis: A tool for analyzing the political, economic, social, technological, environmental, and legal factors that affect a company. Competitor analysis: An analysis of a company's competitors.

5. Strategy Formulation Competitive advantage: The ability of a company to outperform its competitors. Generic strategies: Cost leadership, differentiation, focus. Growth strategies: Market penetration, market development, product development, diversification.

6. Strategy Implementation Organizational structure: The way in which a company is organized. Human resources management: The process of attracting, developing, and retaining employees. Financial management: The process of planning, budgeting, and controlling a company's finances.

7. Conclusion Strategic management is essential for success in today's global business environment. By understanding the global business environment, conducting a thorough strategic analysis, formulating a sound strategy, and implementing that strategy effectively, companies can increase their chances of success in the global marketplace.