Role of Globalisation on Sasol Organisation: Analysis and Strategies
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This report analyses the impact of globalisation on Sasol organisation, including its influence on administration, leadership, structure, and culture. It also discusses Hofstede's culture dimensions and McKinsey's 7s framework. The report further explores the barriers and strategies for Sasol's entry into the global platform.
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Table of Content INTRODUCTION...........................................................................................................................1 PART 1............................................................................................................................................1 PART 2...........................................................................................................................................1 P3 Measure influence magnitude of globalisation on organisational administration, position, leadership their structure, perceptiveness and functions.............................................................1 P4 Impact the role of globalisation on advance operation of Sasol organisation........................4 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Globalisation is the action used to symbolise trading in global platform with the reference of Sasol organisation. Report provides the impart on influence on organisation decision assembly. Global market reflects production and the selling capacity of enterprise throughout the global as it influences organisation resource and their abilities. Analysis of Sasol and pestle is coming through in this report of Sasol organisation. Report also provides the analysis of varied ways in which organisation can enter in to the global platform and barriers they might have faced during that instance. Additionally, Hofstede's culture dimensions andMcKinsey's 7s framework are been reported further. PART 1 Completed in power point presentation. PART 2 P3 Measure influence magnitude of globalisation on organisational administration, position, leadership their structure, perceptiveness and functions. Globalisationroleonorganizationaladministration:Globalisationhasadvancethe trading progress or Sasol organisation as client and market expectation has been accelerated. Advancement in the cognitive ideas, technology or networks progress the administration staff to plan improved decision for employers, customers and their potential traders. Globalisation on leadership: It has increased the interaction of varied employersin organisation from different cultures. Leaders focus to recruit best candidates depending upon the need to with aim to succeed succeed in global platform. Their role is to direct the task to employers depending upon their skills as to increase their productivity and confidence(de Almeida, Quaresma and Biosse, 2022). Role of globalisation on structure: Along with the cultural or technological alteration, organisation need to modulate the building landscape depending upon the favourable conditions of the demographic area. These developments in effective manner after having accurate analysis will attract more customer, employers towards the organisation which will enhance the capital. Role of globalisation on function: Globalisation has modulated state role in many ways primarily including interdependence of terrorism, rapid enhancement in global economy and 1
many more. Through globalisation advance facilities are been provided to their employers which enrich their motivation to work effectively for Sasol. Influence on the culture: Globalisation has massively contributed towards maintaining dignity and respect for all other cultures irrespective of caste, religion or belief individuals follows. Due to globalisation cultural integrity are being shared in between varied countries which has also accelerated growth of world-wide communication among them. Sasol also practice dignity to increase awareness among their all varied branches for the cultural practices. Hofstede's culture dimensions It is the framework designed to interpret the divergence in cultural practices across the nation while recognize the varied way through which business are being carry through in varied cultural differences.It is a framework through which varied differences in countries are being interpreted while reflecting the accurate measure to accomplish them in optimistic manner while accelerating the growth for organisation. Four major dimensions of the Hofstede's culture are: Power-distance index: It is the extent in which power or intolerance is being tolerated by the employers. Power analysis is being examine in ceo, managers and employers. When organisation amend high PDI, there is accelerated companionship within the employers. In context to PDI, they have low PDI where employers are need to follow regulation in strict manner. Individualism vs collectivism: individualism symbolise that employers focused towards their personal growth and collectivism symbolise that employers aim is to accelerate overall team efficiency or productivity. In context to sasol, their employers are both focused for their own development with team progress also(Paquibut and Al Naamany, 2020). Uncertainty avoidance rate: It symbolise the extent in which uncertainty are being tolerated by the organisation. It is the content in which provides cope-up power of the employers in the challenging or adverse condition. Sasol has the low index which means that they have active power for penetrating the challenges faced by the organisation. Here the employers are being acknowledge with effective approaches training. MasculinityvsFemininity:Itisalsosymbolisingasthetenderorsoftnesswith consideration for attitude towards sexuality or behaviour regulation. Here, masculinity symbolise through distinct gender roles for achievement and wealth building for the organisation and feminity address with modest manner of treating employers to accelerate their quality of living. McKinsey's 7s framework 2
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It is the framework which is set with the aim to explore the actions or elements that influence the organisation working internally by the employers. It is the analysis perform to interpret coordination between the various parts of organisation. After analysing, organisation performance is fully strategically plan with the aim for improvement. It is primarily applying in projects to collect the future alteration that need to be applied by the organisation to revert acquisition between department. Elements of McKinsey's 7-s framework includes: Strategy: Organisation stakeholders are primarily involved in the planning action to revert the plan for competitive advantage. Organisation need to formulate the strategy in such a manner to impress the employers working. In context to Sasol, they incorporate stately goals for the employers with distinct clarity of action they need to perform (Razmi, Mehrvar and Hassani, 2020). Structure: Organisation must implement the categoric framework in the workplace to alleviate employer collaboration in effective manner. The chain of action provided to employers must incorporate organisation objective, vision in optimistic manner. The hierarchy concept is followed in the Sasol which possess coordination and interdependency within employers. System: It is the actin through which organisation decision-making is being framed with quality to make up enrich operation practise. Polices formed for the employs must be in cooperative manner to meliorate their productivity. Here, delimited task is being provided to each employers through effective operation activity. In context to Sasol, they incorporate effective distribution of task depending upon individual employer capabilities and skills they inherit. Shared values: To satisfy every employer need in effective manner, organisation need to respect every employer beliefs or value in equality range. In context to Sasol, they precede action with accurate punctuality, cooperative function and honesty. Employers are being motivated to share their real experience or troubles they are facing without having fear of being judged by anyone (Rojo and et. al., 2020). Style: It is the manner which his set by organisation through which assign action are being carried out by the employers for organisation progress. It is primarily the leadership pattern that are being incorporated in the organisation to enrich the employer potential. In context to Sasol, they follow participative form where the actions are taken to facilitate the quality of working within employers. 3
Staff: The organisation authority must hire experience or professional staff. This action is primarily achieved through the human resource department as they individually analyse every employer performance and training are proceeding depending upon their need. In context to Sasol, it is one of major multinational organisation where the need of employment is huge. So when demand is enriched the skilled employer recruitment is endlessly being performed. Skills: Organisation must incorporate skill labour which furnish the provided task in the optimistic manner. To upgrade the employer efficacy, regular training session must be conduct for working manpower. In context to Sasol, employ management is effectively regulated by the supervisor to put forward the improved abilities for employers own skill and organisation progression (Jadil and et. al., 2022). P4 Impact the role of globalisation on advance operation of Sasol organisation Globalisation has pleased or accelerated individual’s advancement towards the socio- cultural, relation, co-operation and communication power. It also has decreased the cost of manufacturing whose benefit is reported in lower cost of service or product provided. Since, the product rate is low, it will more accessible to wide range of population for its consumption in effective manner. Its role is also seen in improved health services as enterprises is agitated towards sustainability as to protect the human rights in optimistic way. Globalisation lead towards progress competition in the market which impacted the utilitarian action. In context to Sasol, the alteration is being noticed through: Ethical globalisation: Here, the aim is to regulate core beliefs for the employers an organisation. The concern is to place human rights as the initial purpose to ensure their needs on global stage. This approach is beneficial for the employers and organization they are easy to accommodate. However, it accelerates the customer needs in wide range for improvement of quality of life. Sustainable globalisation: It is the customer or employer centred approach used by the organisation to facilitate collaboration or functional value within them. They focus towards the economic growth of enterprise without damaging surrounding quality for growth.There is incorporation of accessible decision making for organisation in the productive manner (Sadeghi and et. al., 2019). Decision making strategy used by Sasol organisation in context to global elaboration of enterprise. 4
Framing strategies on global level are found to be challenging for Sasol organization as authorities or leads need to frame them after having adequate analysis on the practise followed in demographic area enlargement of organisation has took place. Actions are frame depending upon on respecting divergence beliefs of every employers and adequate research on which adulteration is required for satisfactory employers and customer support to the organisation. Elements that are considered impactful in decision-making for Sasol organisation are: Proactive decision making– It is the action taken ahead by the organisation to be risk-free from the forthcoming consequence that might occur. Here the decisions are made on rational level as it is approach used by organisation for analysis the magnitude in which failure rate might occur. This approach is widely used by the Sasol to make strategic actions for forthcoming destructive challenges and it assistance them to never procured major loss in organisation running (Kim and Jang, 2021). Reactive decision making: It is the approach used when immediate decisions are being taken by the authority when sudden calamity or consequences are being taken. These actions or decision are being made under-pressure by the employers. Here, the employers are less prepared for the forthcoming stage. In context to Sasol, they have authorised senior’s employers with experiencetoformulatethesuddendecisionsfortheorganisationwhichsupportsthe organisation stability in varied diversify demographic branches. Actions through which Sasol plan their entry in global platform. Organisation when plan to expand on global platform they favour unveiling towards huge market access while increasing their sales and profits as brand recognition is spread out. Methods through expand might take by the organisation are: Franchising:In franchising also the brand name is being taken out by other but here all the rules are need to strictly followed under owner guidance. The authority to alter the actions are only in hand of the owner. Here, business is conducted under company brand name. In context to Sasol, they have franchise their products it varied countries where chances of persona loss are less. Licensing: In this approach, the company owners provide their organisation trademark to another property where the amount is being paid by them as right is provided to them for the usage of brand name. Here, low investment is ned to construct by license property but they might earn huge profit in return (Chandra, Paul and Chavan, 2020). 5
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Exporting: It is the approach where direct sales of goods and services are been taken to another country as it is fourth-most method that organisation might use to enter foreign market with reduce chance of risk. It doesn't require any unit in the expanded area so it is cost-effective approach but cost of exporting are being charged to the customers. This transportation cost double the price of product. Barriers that organisation face during their entry in global platform are: These organisations when expanded to the global platform faces varied difficulty or challenges and which are: Governmentbarriers:Primarilythegovernmentregulationsorpolicieshindersthe organisation entry in global platform as due to forthcoming defence contacts and many more. They create pressure due to lobbing firms of country. They release heavy taxes of tariffs to be pay beyond the sale which enhance the product value and that cut down customer relation. Local companies: Huge competition faced due to potential companies are risk to gain profit for them. In context to Sasol, when the entered the global market, they have faced lots of competition which has degraded their growth (Autio, Mudambi and Yoo, 2021). CONCLUSION From the above report the role of globalisation are being concluded. Globalisation is the platform through which the organisation has raised their profit which clear impact is seen in altered lifestyle adaptions. The report symbolises in context to Sasol where organisation pestle analysis is performed to identify the factors that might responsible for alteration faced by the organisation. Further it also includes Hofsted's model and McKinsey model 7s frameworks in context to Sasol. Report also contains the barriers and the way through which organisation enter the global platform. 6
REFERENCES Books and Journals Autio, E., Mudambi, R. and Yoo, Y., 2021. Digitalization and globalization in a turbulent world: Centrifugal and centripetal forces. Global Strategy Journal, 11(1), pp.3-16. Chandra, A., Paul, J. and Chavan, M., 2020. Internationalization barriers of SMEs from developingcountries:areviewandresearchagenda.InternationalJournalof Entrepreneurial Behavior & Research. de Almeida, A., Quaresma, N. and Biosse, E., 2022. The role of energy efficiency and renewable energiestoacceleratesustainableenergyaccess—aperspectivecasestudyof Mozambique. Energy Efficiency, 15(6), pp.1-31. Jadil, Y., Jeyaraj, A., Dwivedi, Y.K., Rana, N.P. and Sarker, P., 2022. A meta-analysis of the factorsassociatedwiths-commerceintention:Hofstede'sculturaldimensionsas moderators. Internet Research, (ahead-of-print). Kim, H.S. and Jang, S.S., 2021. Outside CEOs and restaurant performance: the moderating effect of franchising and recession. International Journal of Contemporary Hospitality Management. Paquibut, R. and Al Naamany, A., 2020. Managing organizational change to meet the research– teaching nexus standard: The case of an HEI in the Sultanate of Oman. International Journal of Educational Management. Razmi, J., Mehrvar, M. and Hassani, A., 2020. An assessment model of McKinsey 7s model- based framework for knowledge management maturity in agility promotion. Journal of Information & Knowledge Management, 19(04), p.2050036. Rojo, J., Everett, B., Ramjan, L.M., Hunt, L. and Salamonson, Y., 2020. Hofstede's cultural dimensionsastheexplanatoryframeworkforperformanceissuesduringclinical placement: A mixed methods study. Nurse education today, 94, p.104581. Sadeghi, V.J., Nkongolo-Bakenda, J.M., Anderson, R.B. and Dana, L.P., 2019. An institution- based view of international entrepreneurship: A comparison of context-based and universaldeterminantsindevelopingandeconomicallyadvancedcountries. International Business Review, 28(6), p.101588. 7