Global Strategy Development and Implementation - Unique Challenges of International Strategic Management

Global Strategy Development
and Implementation
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INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
Identify and analyze the unique challenges of international strategic management. Use
company examples to illustrate these challenges in practice.................................................4
Language Barriers.............................................................................................................6
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
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INTRODUCTION
International strategic management is mainly defined as a comprehensive as well as ongoing
form of management planning process which is mainly aimed towards developing and
implementing strategies. This aid business organization to effectively develop international
strategic planning process to conduct their business operations on international business
platforms successfully (Abuseridze and Grasis, 2022). In simple terms it is a management
planning process through which organization can underlined goals and strategies in context with
international settings to deal with various challenges or issues that they can face in future on
international platforms, along with the strategies to overcome them effectively. With the help of
this organization can conduct an efficient international strategic planning process through which
they can have competence and resources to perform on global environment in effective manner.
International strategic management is an ongoing process which allow organization to
successfully compete in international scenario. With the help of this process organization can
conduct the strategic planning in an effective manner and can have a structure and plan to deal
with the changing environment. With the help of this process organization can successfully fulfill
their benchmark goal and can deal with various issues in effective manner.
Present report is conducted to analyse and identify the unique challenges of international
strategic management that organization can face that can affect their overall growth and
profitability in adverse manner. It is essential for organization to understand the importance of
international strategic management process and apply the same in their business structure in
order to deal with the dynamic challenges that can later impact on their global operations. For
this report Shell plc is considered which is a British multinational oil and gas company
headquartered in London United Kingdom.
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MAIN BODY
Identify and analyze the unique challenges of international strategic management. Use company
examples to illustrate these challenges in practice.
International strategic management is an ongoing comprehensive management planning process
which helps organization to effectively compete in international business environment. With the
help of these strategies and organization can identify the issues and challenges and further
improvement strategies accordingly in order to make significant improvement in the quality of
services (Rabinovych, 2022). With the help of implementing international strategic management
process business organization can evaluate the issues and political, economical, legal and social
environment along with the challenges that are affecting business growth and profitability in
order to successfully sustain on any international platform (Borozna, 2022). It is important for
organization to undertake the advantage of international strategic management process. It enables
organization to compete effectively and overcome the international issues that can affect their
business growth. With the help of implementing the strategies company can have a strategic
approach and can trigger mind the goals and strategies to further contact their operations in a
well defined and effective manner. To successfully operate business organization strategic
management on international context is essential for organization like Shell plc who is operating
its roles and responsibilities as a multinational oil and gas company and headquartered in London
United Kingdom (Mashkova, 2022). There are different type of elements and factors prevailing
in political, social, economical and legal environment that is affecting the business operations of
Shell plc on international platform. For example the current political, economical, social and
legal international challenges due to Russian and Ukraine war there are many issues which is
affecting Shell plc business for example currency restriction, United Kingdom government
sanctions on Russia legal complexities and more (Doverholt, 2022). It has been identified that
financial markets in many countries including United Kingdom have been adversely impacted
which is causing irrepressible loss of wealth of organization. In this the rising global inflation
currency restriction and other adversities are causing jitters in Shell plc economy.
Strategic management is the organization of an affiliation's resources for achieve its goals and
targets. Key administration incorporates setting targets, separating the merciless environment,
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