Organizational Report and Global Operations Strategies Analysis

Verified

Added on  2023/06/10

|11
|726
|140
Report
AI Summary
This report examines the strategies for global expansion of businesses, focusing on the case of Hilton Hotels. It explores essential strategies like selecting global partners, proactive thinking, product strategy development, and reinvestment. The report details the benefits of these strategies, such as increased support and revenue, as well as the potential risks, including poor partnerships and financial losses. Furthermore, it outlines risk management techniques, including risk identification, qualitative and quantitative analysis, risk response planning, and ongoing monitoring. The report concludes with a summary of the key points and references relevant academic sources.
Document Page
ORGANIZATIONAL REPORT
AND GLOBAL OPERATIONS
PRESENTATION
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
TABLE OF CONTENTS
INTRODUCTION
MAIN BODY
Strategies for establishing business on a global level
Benefits and risks of the strategies
Risk management techniques
CONCLUSION
REFERENCES
Document Page
INTRODUCTION
One of the biggest tasks for a business is to go from domestic or national to international. It requires
detailed evaluation and examination, requirements of the company, requirements of the customers
present in that environment, etc. This discussion will precisely focus on the development of various
business strategies for the globalization of a business and the reasons to justify that these strategies are
efficient for the business. Lastly, the discussion will also describe the benefits and risks of these
strategies.
Document Page
Strategies for establishing business on a global
level
Hilton hotels is a brand that serves full services to its customers
within its hotels and resorts. It is a hospitality company. The founder of the
company is Conrad Nicholson Hilton
Correct global partners
Understanding a totally new environment for someone who does not
belong from the place can be really tough. That is why the company should
explore or examine the best companies, employees and suppliers they should
partner with.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Adaptation of proactive thinking
Being proactive when working internationally always works well
than being reactive.
Creation of detailed strategy regarding the product of the company
At the time of conducting a market research it is necessary for a
company to focus on the prediction of the reactions of the customers in regards
to the products or services of the company.
Document Page
Reinvesting in a business
When the company is proactively making plans for the
expansion in different countries, reinvesting should be a major part of
this planning. Keeping records of the revenue generation from the
expanded business is necessary, so the revenues generated can be used
again for the purpose of reinvesting.
Document Page
Benefits and risks of the strategies
Benefits
Firstly, by choosing efficient, proficient and well-reputed global partners
like, employees, companies and suppliers, the company gets a lot of support
through them.
Through the creation of proactive strategies the company will obviously
know about the situations that might occur in the future while expanding the
business to the new country.
By reinvesting the company can increase its revenue generation in the future too
and also provide employees with better salaries and increase their productivity,
which will further give the company a competitive advantage too.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Risks
The company being new in the country and the marketplace of the
country can easily be trapped with the wrong companies and suppliers which
will become a liability for the company rather than being an asset.
Extreme planning can be time-consuming and being prepared for the
benefits can be harmful for the company.
Reinvesting can also turn into major losses for the company and all the revenue
generated might be wasted.
Document Page
Risk management techniques
Identification of risk- Firstly to manage the risk the company should identify the risk that is
present.
Qualitative or quantitative risk analysis- After the identification of risks, it needs to be
analysed that the risk is qualitative or quantitative.
Planning of risk response- This refers to planning the response the risk will have on the
organization.
Monitoring and controlling risks- Lastly, it is necessary to monitor the risks and control it.
Document Page
CONCLUSION
This discussion describes about the global expansion of the Hilton hotels and
the strategies that are required for the expansion, then the risks and benefits that
the strategies discussed in particular and lastly the risk management techniques
are also discussed above.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
REFERENCES
Books and Journals
Peng, M.W., 2021. Global strategy. Cengage learning.
Jamaluddin, F. and Saibani, N., 2021. Systematic Literature Review of Supply
Chain Relationship Approaches amongst Business-to-Business
Partners. Sustainability, 13(21), p.11935.
Pasha, M., Qaiser, G. and Pasha, U., 2018. A critical analysis of software risk
management techniques in large scale systems. IEEE Access. 6. pp.12412-12424.
chevron_up_icon
1 out of 11
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]