Introduction to Global Strategic Management

Introduction to  Global Strategic Management

CHAPTER-1

Learning Outcomes

What is Strategy?

Competitive Advantage

Strategic Management

Phases of Global strategy

Single Country Strategy

Export Strategy

International Strategy

Global Strategy

International Strategy Vs Global Strategy

International Strategy Vs Global Strategy

Effective Standardisation

HSBC:
The World’s Local Bank

Global Strategic Management

Global Strategic Management

Examples of Multi-domestic to Fully Global Industries

Drivers for a Global Strategic Perspective

Macro Globalizing Driver

Macro Globalizing Driver

Globalisation or Regionalization?

Macro Globalizing Driver

Macro Globalizing Driver

Macro Globalizing Driver

Macro Globalizing Driver

Industry Globalizing Driver

Industry Globalizing Driver

Market Globalization Drivers

1. Common customer needs

2. Global customer and channels

3. Transferable marketing

4. Convergence of values

Industry Globalizing Driver

Cost Globalization Drivers

1. Global economies of scale and scope

2. Steep experience curve

3. Global sourcing efficiencies

4. Favorable logistics

5. Difference in country costs

6. High product development costs

7. Fast-changing technology

Industry Globalizing Driver

Government Globalization Drivers

}  Favorable trade policies

}  Compatible technical standards

}  Common Market Regulations

Industry Globalizing Driver

Competitive Globalization Drivers

}  Competitors from different continents and countries

}  Interdependent countries

}  Globalized competitors

Internal Globalizing Driver

How global are they?

}    Wal-mart

}    General Motors

}    Kingfisher

}    Vodafone

}    Sumitomo Metal

}    Mitsubishi Heavy Industries