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Global Business Environment: Analysis of ASOL

   

Added on  2023-06-11

11 Pages2615 Words63 Views
Global business
Environment

Table of Contents
TASK 2............................................................................................................................................3
INTRODUCTION ..........................................................................................................................3
Explanation of culture, governance and structure within organisation like application of
McKinsey's 7S model .................................................................................................................3
Evaluation of ways of influence of global operation and ways in which organisation can adopt
these in global market ................................................................................................................4
Application of Hofstede Dimension of culture and ways in which it is influenced ..................5
An evaluation of ethical and sustainable factors that the organisation has to consider in a
global market...............................................................................................................................6
Critical evaluation of strategic decision making in context to risk and diversification in global
context.........................................................................................................................................7
Assessment and critical evaluation of range of strategic global expansion routes available in
organisation ................................................................................................................................7
CONCLUSION ...............................................................................................................................8
REFERENCES................................................................................................................................9

TASK 1
(Covered in PPT)
TASK 2
INTRODUCTION
Global business environment can be described as environment of different countries that
create influence over use and capabilities of resources (BĂTUȘARU, 2019). This report includes
analysis of ASOL which is a multinational company operation in energy and chemical. This
project report includes explanation of structure, culture as well as governance in organisation and
evaluation of influence of global operation. Influence of application of Hofstede dimension of
culture is also discussed in it. Moreover it also includes different types of global expansion
routes in business.
Explanation of culture, governance and structure within organisation like application of
McKinsey's 7S model
McKinsey's 7S model can be described as tool that assist firm to analyse design of
organisation. Main goal of this model is to identify ways in which effectiveness of organisation
can be attained (Bhagra and Sharma, 2018). There are seven elements of this model including
structure, system, strategy, share values, staff and style. Explanation of these structure in context
of 7S model is mentioned below:
Structure: It provide a way through which an organisation is organised its chain of
command and also accountability for relationship that develop organisation chart. SASOL is an
organisation that organised its roles and responsibility that will helps them to get growth in
international market (Kasemsap, 2018).

Strategy: Strategy can also be described as business plan that assist an organisation to
develop an action plan for attainment of competitive advantage through reinforcing mission and
values of company. SASOL is an organisation which is developing new strategies in order to
compete 9in international market and also to attain goals and objectives of company.
Systems: It includes technical as well as business infrastructure of company that develop
workflow as well as decision making chain. SASOL has developed a system that allow them to
make informed decision and also allow to includes other members of organisation to make
decision.
Skills: Skills can be described as capabilities and competencies of company that allow
employees to attain its objectives (Bhasin and Garg, 2020). Managers of SASOL is hiring skilled
and talent workforce that provide them competitive advantage in market and also allow them to
attain their goals and objectives.
Style: It is attitude of employees in an organisation to develop code of conduct with
different ways of interaction as well as symbolic decision making that develop style of
management of its leader. Managers of SASOL needs to develop different style in business that
is essential in marketplace for getting success.
Staff: Staff consist talent management as well as human resources that are related to
decision of company like training, recruiting as well as reward system. SASOL is an organisation
which is recruiting talent employees that can contribute towards growth of companies and also
provide them timely training and development opportunities.
Shared Values: Objectives, mission as well as values of an organisation form foundation
of every business and also play essential role for alignment of different elements in order to
maintain design of organisation.
Evaluation of ways of influence of global operation and ways in which organisation can adopt
these in global market
Global operation in international market can be supported due to different elements that
are present in environment including internal as well as external environment. There are various
companies which are focusing in international market that are focusing on expanding their
operation. There are different factors and different ways in which global business operation is
influence with different factors that are mentioned below:

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