Weekly Reflection Essay

1193 Words Aug 10th, 2012 5 Pages
Learning Team C Weekly Reflection A train that derails in a terrible accident is a good comparison for an organization that does not have a strategic plan in periods of catastrophic events. The problem is the train is completely off the original course after clearing the accident scene. A strategic plan with focus on long-term business objectives is important, especially in the event of a crisis. In this paper the subject is a discussion of this week’s objectives among Learning Team C. The discussion includes sustainability of long-term business operations, how global markets affect business strategy, and a long-term strategic management plan for sustainment of organizational performance. Further discussion includes how these topics …show more content…
Within each category the goal or commitment is ranked; on track, in process, and not on track. Vehicle safety was the only category that fell into the “not on track” category. Tragically in 2011, two contractors were fatally killed– one in Brazil and another in Russia (Ford Sustainability, 2012).
Developing a sustainability strategy means nothing unless practiced throughout the entire organization. Knowledgeable leaders who reinforce change and stand behind the employees are key elements to the success of a company’s infrastructure and stability plans.
Global Market and Business Strategy An organization’s external environment can affect management’s development of business strategies as much or more than the effects of its competition. In an expanding global market factors of this external environment include legal, social, technological, political, and economics issues. Organizations must understand the forces these factors have on its business strategies to maintain or enhance its marketplace in the global market (Global Factors & Strategy, 2012). Governmental laws and regulations differ in many areas such as environmental standards, employee relations, wage restrictions, and export tariffs. Many companies have outsourced or move manufacturing to countries like Mexico who have less stringent policies. Social differences in a global market include consumer tastes, lifestyles, and

Related Documents