Thursday, November 26, 2009 ISSUE 45   HOME SCIP04 Global track. Reto Lippold The economies of countries are becoming more global, and change and innovation are more and more the norm rather than the exception. Many global managers have been facing the challenge of running business on a world-wide basis and have essentially had to learn from experience. American, European, and Asian companies face a major challenge to maintaining their global competitiveness, and a large number of these companies around the globe need a “wake-up” call. Forget the attitude of many American managers and executives -- “the domestic economy of the United States is sufficiently large, so we don’t need to be involved in markets outside our borders.” Better ask yourself “What does my corporation want to be in future?” and “How will we get there?” Developing strategic thinking and strategic planning in any organization is a challenge in today’s world. Developing a global strategic vision presents a unique challenge for corporations. To survive and prosper, companies must carefully assess the impact of recent trends and anticipate the impact of the future trends. This process is one of the initial steps necessary to formulate the organization’s global strategic vision. To survive in the rapidly changing global competitive markets requires all organizations to universally understand and accept a global strategic vision. Global managers have to communicate effectively and work with individuals who have been socialized in a different cultural environment, and whose customs, values, lifestyles, beliefs, and management practices. This is the challenge facing these global managers when they attempt to conduct business outside their home ground. The goal of the SCIP04 Global Track is to confront you with the problems of globalization, global competition, global changes, visions and standards, and provide you with ideals and tools to successfully deal with them. This is a challenge, an opportunity for everyone to work in the changing global environment that is the reality of today and tomorrow as well. scip.online, number 45, December 23, 2003. Copyright Society of Competitive Intelligence Professionals www.scip.org [PRINTER FRIENDLY VERSION] There are no letters available. [POST]

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