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Global Business Environment: Evaluating SASOL's Governance, Culture, and Expansion Strategies

   

Added on  2023-06-09

9 Pages2706 Words493 Views
GLOBAL BUSINESS
ENVIRONMENT
Global Business Environment: Evaluating SASOL's Governance, Culture, and Expansion Strategies_1
Table of Content.
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
PART A...........................................................................................................................................1
COVERED IN POWERPOINT......................................................................................................1
PART B...........................................................................................................................................1
Describe the governance, culture and structure for the company by the application of
McKinsey's 7S model..................................................................................................................1
The way these elements effect global functioning and the way company adopt in working
globally........................................................................................................................................3
Hofstede’s Dimensions of Culture for evaluating the influencing culture..................................3
Sustainable and ethical factors valued by the company globally................................................4
Evaluating the sustainable & ethical factors of organisation.......................................................4
Strategic decision making with the reference to risk and diversification globally......................4
Describe the range of strategic global expansion routes used by the company...........................5
CONCLUSION................................................................................................................................5
Global Business Environment: Evaluating SASOL's Governance, Culture, and Expansion Strategies_2
INTRODUCTION
Global business environment is explained as the environment in various independent
countries, with factors exogenous to the home environment of the organisation, influencing
decision making on resources use and capabilities. There are four main components of the global
business environment which forces of globalisation, the international business environment,
national business environment and the last one is international firm management. It is generally
explained within the form of economic, cultural, political and legal variations within the whole
countries. It is normally reflected on the impact of the utilization of resources and their abilities
for operating within the environment of the organisation (Tekleselassie, Lessa and Negash,
2021). This report is based on SASOL organization which can described over McKinsey's 7s
models. It gives the pathway in which it can impact over the global functioning and the
organization can adopt with the global functioning. The report is also giving the explanation of
Hofstede’s dimensions of ethical, cultural and a sustainable component for the global markets. It
is also including the specific strategic making decision with the risk and the diversification
universally.
MAIN BODY
PART A.
COVERED IN POWERPOINT.
PART B
Describe the governance, culture and structure for the company by the application of McKinsey's
7S model.
McKinsey's 7s model identifies seven elements that help organisation to achieve goals and
implement change. The model is mainly applicable for measuring the structure of the firm that
can explain their effectiveness within the specific seven factors that are classified into hard and
soft. These seven elements are mentioned below:
Strategy: Strategy is commonly referring to a plan of employers and it is developed by
an organisation in order to remain competitive in the industry and market. The main approach is
to establish a long-term strategy that aligns with the other elements of the models and clearly
communicates what the organization's objectives and goals. It is associated with an
1
Global Business Environment: Evaluating SASOL's Governance, Culture, and Expansion Strategies_3

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