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