Analyze that potential international market by considering the 4 aspects of the Diamond of National Advantage: industry
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Question:
Analyze that potential international market by considering the 4 aspects of the Diamond of National Advantage: industry rivalry, demand conditions, related and supporting industries, and factor endowments
Analyze the forces (in the home market and international market) that will help the organization succeed with its expansion, and the forces that may act as barriers to that expansion.
Evaluate the 4 adjustments leaders must make when expanding internationally (Burkus, 2012). Recommend 1 specific leadership action for each adjustment, such as developing a global mindset, developing sensitivity to cultural differences, decentralizing, deciding on the level of involvement, etc.
- 1 slide foranalysis ofeach of the elements of the Diamond of National Advantage. (Hint:Be sure to explain both in terms of the country's and the company's abilities and attributes.) (4 slides, with speaker's notes)
- Leadership actions required to make the 4 adjustments identified by Burkus (2012). (Hint:Develop a global mindset, Develop sensitivity to cultural differences, Decentralize, Decide on the level of involvement) (1 slide, with speaker's notes)
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