Global Operations Strategy
specific objective of this critical assignment is to assure that students of business have sufficient skills to operate a global organization and convey effectively their own personal knowledge and skills to practice. This exercise will provide students with the opportunity to integrate and implement theory to practice at a global level and will prepare students to develop a comprehensive business plan in the capstone course during the final year of study.
This exercise involves starting a new business or offshoring of an existing business in a foreign country. This may be a new enterprise that is started from scratch or an existing business that needs to expand production to another country. The main emphasis will be on the global operations of the business. All of the following must be covered in detail. However, the student needs not limit the assignment to these alone.
The specific components of the proposed plan should include:
An environmental scan of the foreign country and along socio-political, economic, cultural, demographic, technological, and legal structure of the country.
Identifying the core competencies providing the organization’s global competitive advantage.
Demonstrating a thorough knowledge of global human resource management including, but not limited to, hiring staff, cultural aspects, and labor laws.
Develop an operational plan for logistics, raw materials, suppliers, buyers and the distribution channels of your product.
Discuss financial decisions related to strategic choice, cost of capital, global supply chains, shipment, insurance, wages, fringe benefits, and real estate availability.
Supporting decisions made and the strategy outlined using real-world, primary and secondary data from a reputable source.
The written paper is to be typed double–spaced, 1’ margins, Ariel and 11-point font, page length between 12—15, with correct spelling and grammar, proper citation (APA), references, a cover page, and organization with headings. The instructor’s approval of the topic is required.
The following Library resources and web-sites could assist students in conducting the research to do the Critical Assignment:
Lynn Library Sources
Academic Search Premier
Biography In Context
Business Source Complete
General Business File ASAP
Hoover’s Company Profiles
ProQuest (ABI/INFORM )
Reference USA & OneSource
1. Supply Chain Management Review http://www.scmr.com
2. Logistics http://www.astl.org/i4a/pages/index.cfm?pageid=3314
3. Supply Chain Brain http://www.supplychainbrain.com/content/index.php
4. American Production and Inventory Control Society http://www.apics.org
5. The leading journals in Operations and Supply Chain Management are published by the Emerald Group. http://www.emeraldinsight.com/
Student Learning Outcomes
Students will be able to:
Demonstrate knowledge of legal, political, demographic, technological, and geographic elements of strategy.
Identify the core competencies that give the proposed business a global competitive advantage.
Recognize global Human Resources elements, ethics and culture.
Identify theories of Supply Chain Management, Global Operations, and Global Finance, to real-world problems while developing solutions that fit the strategic vision.
Analyze financial decisions relative to strategic choice on a global scale, including, exchange rates, cost of capital, global supply chain, shipment, insurance, wages, fringe benefits, and real estate availability, and key ratios.
Analyze data and apply statistical methods to support operational decisions on a global scale.
Demonstrate proficient writing skills.