Reference no: EM133585765
Assignment
Consider how the transformation plan that you wrote may need revision to account for the global dimension of management and competition presented.
Revise Stages 1-4, taking into consideration the following issues:
Question 1. Your company is already competing in foreign markets. Will your company enter new foreign markets as a part of your transformation plan? If so, what entry strategies do you recommend? If not, explain.
Question 2. What changes, if any, are you recommending to your organization's structure in its existing or potentially new foreign markets?
Question 3. Does your company face political risks in its foreign markets that need to be addressed? Explain.
Question 4. Do you anticipate developing strategic alliances with foreign partners? Explain.
Question 5. Doh, Luthans, and Gaur (2024) caution managers about the risks and pitfalls they may face when pursuing global transformation. How do you suggest your company minimize the likelihood of negative outcomes from its global endeavors?
Question 6. What other global issues do you need to consider as a part of your transformation plan?