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Global Business Environment

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Global Business Environment 1
Global Business Environment
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Global Business Environment 2
Report On How The Global Business Environment Is Bringing Changes To The Role Of
Managers In Corporate America.
Diversification of environment is the key to the growth in today’s competitive global
market place. No longer can America’s organizations and corporations hide behind their lack of
cultural intelligence. All corporations that seek global market relevancy means embracing
diversity in elements such as how they perceive, think, act and innovate. Thus, they take into
consideration all the factors that affects strategic planning and management.
Corporate management is the process of leading, administrating and directing a company.
Business tasks often performed by corporate management might include strategic planning, and
managing company resources and applying them with a focus of attaining the company’s
objectives.
Expansion of global business space of an organization or a company can lead to amid
challenges in its operations hence the need for change in corporate strategic management. For
instance, the Equity Bank in Kenya, was a local corporation initially but in the recent years, it
has expanded its scope to other countries and states e.g. Uganda, Tanzania, Rwanda and
Democratic Republic of Congo (DRC). This has led to the need for changes in its corporate
operations due to large scope. Thus, it is true that its expansion has led to various changes; these
include; change in strategic management, change in business planning, change in controlling and
financial management, change in marketing management, change in logistics, change in
production management, total productive maintenance, quality management and change in
human resource management. Thus the objectives of the Equity bank has currently changed to
that of international agenda.

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Global Business Environment 1 Global Business Environment Student’s name: Course: Instructor: Institution Global Business Environment 2 Report On How The Global Business Environment Is Bringing Changes To The Role Of Managers In Corporate America. Diversification of environment is the key to the growth in today’s competitive global market place. No longer can America’s organizations and corporations hide behind their lack of cultural intelligence. All corporations that seek global market relevancy means embracing diversity in elements such as how they perceive, think, act and innovate. Thus, they take into consideration all the factors that affects strategic planning and management. Corporate management is the process of leading, administrating and directing a company. Business tasks often performed by corporate management might include strategic planning, and managing company resources and applying them with a focus of attaining the company’s objectives. Expansion of global business space of an organization or a company can lead to amid challenges in its operations hence the need for change in corporate strategic management. For instance, the Equity Bank in Kenya, was a local corporation initially but in the recent years, it has expanded its scope to other countries and states e.g. Uganda, Tanzania, Rwanda and Democratic Republic of Congo (DRC). This has led to the need for changes in its corporate operations due to large scope. Thus, it is true that its expans ...
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