You will prepare and submit a term paper on International Strategies an Organizational Design. Your paper should be a minimum of 2000 words in length. The global planning process starts with the CEO taking the initiative or recognizing the need for global strategic planning. While plans can exist solely in the mind of the CEO, a formal and rational planning process is necessary in order to obtain the participation and commitment of those who will execute the plan. The major activities in such planning activity involve the following: 1) defining the mission and major goals and objectives of the organization, 2) analyzing the internal and external environments, 3) choosing the business model and strategies that will align or fit an organization’s strengths and weaknesses with the opportunities and threats of the external environment. 4 adopting the organizational design or structures of the organization, and 5) the establishment of control systems to ensure proper implementation, monitoring, and evaluation. A feedback mechanism may suggest changes in the components of the plan so that corrective action can be carried out.
A SWOT analysis will identify the fit between the existing resources and competencies of the organization and the opportunities and threats in the external environment. What is perhaps of major importance is for the organization to look into the building of new resources and capabilities in order to create and exploit future opportunities. For this reason, the firm might find it useful to have a strategic intent, a kind of obsession with the achievement of an objective that prods the firm to build new resources and capabilities. An example of this is GE’s resolve to be either no. 1 or no. 2 in any business it goes into.
While a global strategic planning process may be excellent, there remains the problem of putting it into effect. The execution of such a plan depends on the existence of certain traits of those executives involved: vision, consistency, commitment, ability to find and process information, willingness to delegate and empower the lower levels, political skills, and emotional intelligence.