Performance of global business

Global Manager Know How to Analyze Problems Know How to Analyze Problems Improve Logistics Improve Logistics Market Effectively Market Effectively Develop World-Class Products Emphasize Global Awareness Know the Customer The Keys to Success

Performance measures is vital thing for global business. Its purely based on company performance. Its focus for “investment and ROI” How we know the performance evaluation about the org? …. ????????

Performance can be quantified in terms of a particular budget number or financial ratio an seem to vary considerably from country to country.. What are the possible targets for performance evaluation?????????????????

1. return on investment 2.sales 3.cost reduction 4.quality targets 5.market shares 6.profitability 7.budget to actual 8.environment targets i.e. gas emissions…

Evaluating Performance The tasks of strategic management are not one-time only exercises because – Times and conditions change – Events change over time – New ways to do things surface – New managers have different ideas take over Managers must – Constantly evaluate performance – Monitor situation and decide how well things are working – Make necessary adjustments Alter organization’s long-term direction Raise or lower performance objectives Modify strategy

A Situation Analysis A situation analysis identifies strategic options and opportunities A situation analysis involves – External factors: Macroenvironment (industry and competitive conditions) – Internal factors: Microenvironment (organization’s internal situation and competitive position) External factors – Industry’s dominant economic traits – Competitive forces – Competitive moves of rivals – Key success factors – Attractiveness of the industry