Phase 5 IP Implementation of Global Strategies.docx - Strategic Management in Dynamic Environments Chrisie Jefferson Implementation of Global Strategies

Phase 5 IP Implementation of Global Strategies.docx -...

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Strategic Management in Dynamic Environments Chrisie Jefferson Implementation of Global Strategies MGMT690-1903A-02 Dr. Mike Williams August 1, 2019 Globalization impacts the marketplace as a whole economically, ethically, and culturally. Economic structures explain how society look at the integration and usage of natural resources, human resources, investments, business persons, and knowledge to create output for the society. When expanding globally, an organization has to have good ethical behavior and a good outlook of their social responsibilities if it is going to be successful in expanding the organization. I am in favor of globalization, because I believe that globalization will benefit everyone involved in the globalization projects economies, and governments. “Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and human physical well being in societies around the world” (Levin, 2017). I do recommend that our company expand on a global scale. We have identified key issues that can be corrected, and the new changes implemented. We are addressing the low employee retention and dissatisfaction by introducing new online simulations that will affect the current training procedures. We will now spend less time physically training all of the new,
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Strategic Management in Dynamic Environments incoming and some current employees. We have to implement the new changes that will cut down some of the training time for the new employees and increase more time to actually be productive. A new rewards and recognition program are being implemented so that the employees can see that they are valued and not just employees, this program will help recognize their hard work, commitment and dedication to the company. My rational behind this decision is that Organizational leaders must conduct a periodic assessment of policy and systems-level strategies with the potential to improve to improve their competitive advantage. I had to conduct an analysis to learn what the strategic considerations such as which analysis or analyses will we need to use in order to help plan for the international
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