Identify a company that needs to expand to continue its growth and to create a global strategic plan for the company. A couple of examples are Tesla Motors and Google’s driverless cars. Tesla Motors is a relatively new corporation specializing in electric cars and energy innovation. Up to 2016, Tesla has been primarily a U.S. corporation but is beginning to expand globally to continue its growth. Google has a worldwide presence but is in the process of developing a driverless car and will need a plan to go global with it.
Your plan will be directed to your selected company’s board of directors. Please follow the outline below:
Introduction: Provide the board of directors with an introduction to your plan.
Company/organization: Provide a brief synopsis of your selected company/organization.
Environmental elements: Discuss the environmental elements that are important to the company and why they are important. Include, as appropriate, elements such as demographics, economic, political/legal, sociocultural, technological, global, and physical aspects.
Strategic business relationships and the competitive environment: Discuss any strategic business relationships and competitive environment elements that could affect and influence your global strategy.
Mergers and acquisitions: What mergers or acquisitions should be considered as a part of your proposed global strategy?
Corporate governance and cooperative relationships: What type of corporate governance must be established in order to facilitate the challenges of cooperative relationships like alliances and trading partners?
Leadership and controls: Describe the leadership you will need to provide effective organizational and financial controls.
Entrepreneurship and innovation: Explain how you will stimulate entrepreneurship and innovation as a part of your effective global strategic management.
Summary: Provide a few concluding paragraphs that summarize your global strategic plan.
If you have questions about the requirements of the paper, be sure to discuss them with your mentor well in advance of the final submission. Consult the Course Calendar for this paper’s due date. It must be submitted by the last day of the semester.
Sample Solution
