Strategic Development for Global Operations: Managing Risks & Growth

This presentation provides an overview of global operations, focusing on the strategic development required for profitable international expansion. It highlights a five-step approach to strategy development, including determining the strategic position. Various strategies such as exporting, licensing, and forming partnerships are discussed as methods for entering global markets. The presentation also addresses risk management, emphasizing prioritization, controlled growth, establishing a risk management team, and the importance of insurance. It concludes by underscoring the critical aspects to consider during international expansion, such as risks, benefits, and competitor analysis, while also highlighting risk management techniques to minimize potential challenges. Desklib provides access to this and other solved assignments.

Global Operations

TABLE OF CONTENTS
• INTRODUCTION
• Development of strategy
• Strategies for global operation
• Risk management
• CONCLUSION
• REFERENCES

INTRODUCTION
• Business commencement across the globe by a
particular firm is known as global operation which
focuses on the wide international markets.
• The following presentation will be highlighting the
strategical development that can help a business to
operate profitably in the global markets.

Development of strategy
• While developing strategy management can
consider 5 steps that can help in making effective
and accurate strategies for achieving objective.
• First step towards making appropriate strategy is
determination of strategic position that is already
implemented by the organization.

Exporting
• This method of business commencement focus
on selling goods or services in international
markets through transporting it from the
country of origin to other regions.
• This is one of the most common practice opted
by many organizations in global markets.

Licensing
• Licensing refers to the contract between
more than one body creating an agreement
for the rights of using intellectual
properties of a major company that may be
well-established in the markets.

Partnership
• Forming alliance with the
companies that has already
established in the region in
which the expansion is desired
is known as partnership.

Risk management
• Prioritize
• Control growth
• Risk management team
• Insurance

CONCLUSION
• The above presentation has concluded various aspects that has to be determined while
preparing the strategies for international expansion.
• Some of these aspects are risks, benefits, competitors etc. risk management techniques
were also discussed in the presentation that has highlighted various cautions and measure
that can reduce the

REFERENCES
• Demartini, M. and Taticchi, P., 2021. How Environmental and Social Issues Affect
Business Strategy. Corporate Sustainability in Practice. pp.3-20.
• Kumar, S. and et.al., 2021. What do we know about business strategy and environmental
research? Insights from Business Strategy and the Environment. Business Strategy and
the Environment. 30(8). pp.3454-3469.