Finding Your Strategy in the New Landscape

By: Material type: ArticleArticleLanguage: ENG Series: ; 5Publication details: March 2010 0Edition: 3Description: 48-55 PpSubject(s): DDC classification:
  •  Ghe
Online resources: Summary: The article discusses corporate strategic planning in the wake of the global financial crisis of 2008-2009. The outlook for protectionism is noted. The ideas that companies need to adapt to local conditions, rebuild their reputation and identity, be more risk averse concerning investments, and focus on competition in emerging markets are discussed. The opportunities in developing economies and under-served markets are noted. Topics include lower priced and customized products, the growth of organizational power in foreign subsidiaries that will lead to decentralization in management, and the requirements of managing a diverse workforce are mentioned. A "strategy wheel" is explained. INSET: Idea in Brief.
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Articles Articles Main Library Ghe (Browse shelf(Opens below)) Available AR11511

The article discusses corporate strategic planning in the wake of the global financial crisis of 2008-2009. The outlook for protectionism is noted. The ideas that companies need to adapt to local conditions, rebuild their reputation and identity, be more risk averse concerning investments, and focus on competition in emerging markets are discussed. The opportunities in developing economies and under-served markets are noted. Topics include lower priced and customized products, the growth of organizational power in foreign subsidiaries that will lead to decentralization in management, and the requirements of managing a diverse workforce are mentioned. A "strategy wheel" is explained. INSET: Idea in Brief.

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