Business Environment Analysis of Thermex Ltd: Global Factors

This report provides an in-depth analysis of Thermex Ltd, a UK-based manufacturer operating globally with a significant presence in India. It examines the influence of globalisation on the company's governance, leadership, structure, culture, and function. The report utilizes the McKinsey 7S model to assess Thermex Ltd's strategy, structure, systems, skills, staff, style, and shared values. It further explores the ethical and sustainability implications of globalisation on the organization's operations, including front and back-office functions. Additionally, the report discusses different decision-making approaches in a global context, including business strategies and risk management. The analysis includes how ethical codes and corporate social responsibility impact the company's performance and explores various routes to internationalisation for Thermex Ltd. The report also considers the impact of Hofstede's cultural dimensions, such as power distance and individualism, on the company's operations and overall performance.