In: Operations Management
please I want 600 word
Answer :
The most important aspect of establishing cross-cultural ties is the recognition of gaps in verbal and nonverbal communication. The Arab world is a term to describe all the Arabic countries stretching from the Atlantic Ocean to the east, to the Arabian Sea, to the north, to the Horn of Africa, and the southeast, to the south, to the southeast, to the Mediterranean Sea. It shows interest and helps them understand the other person's truthfulness. Arabic cultures make continued eye-contact. In your verbal communication, it must be very brief and precise and your non-verbal contact should be such that it is polite and respectful. You must be highly formal in your presentation while conducting business activities. Your presentation should be very concentrated on your business activities and should not prevent from being the subject. The show of the feet is very offensive and sitting or standing behind-the-scenes is considered to be very ruddy in Arab nations. Arabic cultures show strength and the softness indicates weakness. In Arab culture contact between the opposite sexes is considered near obscene. Arabs touch more among the same sex, to show a sense of love-not sex. Kiss if good friends, respect each other, hold hands, embrace each other are some vital nonverbal communications.
The ultimate objective of the strategic planning process is to draw up a plan, which often has a global value. Strategic planning helps stakeholders within an organization to learn more about the organization, share their opinions of its strengths and limitations, and address key concerns that can impact or influence the business in the future. There are six main components to build a global killer strategic plan. This process should be designed so that decisions can be made by consensus. Below key components for building a killer strategic plan globally.
Assess Industry, Competitor & Customer Trends :
Start with the analysis of the entire market in which you operate, the first step in any strategic plan. How big is the business? How fast does it grow? Who are the most important competitors? How good are they financed? Where are the moves? If you understand what you face from an industry and competition point of view, you can't make an efficient plan for your company.
Define Your Corporate Business Goals:
The specific results you strive to achieve are your goals. This may include product improvements, sales & marketing strategies, financial capital, operational performance, the culture of workers, financial goals, and beyond. You can begin to pursue specific business objectives that will make it possible for you to achieve this view.
Define Your Mission and Vision :
"What are we?" says your mission statement: "Our mission is to replace costly off-line market analysis with the same standard social insights." "What are we selling and where are we going" the vision statement talks. All good view statements should be time- and quantifiable.
Manage Staffing, Budget, and Financing Need:
Now you can incorporate all the departmental needs with a structured strategic strategy, organizational structure, and budget. If you do not have all the financial resources you need to accomplish the strategy, then there's one choice out of two: I reduce the goals to a point that is easier to afford, or (ii) increase the capital needed to accomplish the plan.
SWOT and PESTLE Analysis :
A SWOT review objectively assesses the strengths of your business, limitations, opportunities, and risks. You also need to recognize internal structures and circumstances that can impact where you will go in the future (strengths and weaknesses). in the strategic planning process. External factors (opportunities and threats) can also influence your business strategy. Apart from your company, many factors influence the way you do your business, competitors being one, and also your organization's or business is active in a political, economic, social, technological, juridical, and environmental environment.
Communication Plan:
This is where you can prepare and convey your business plan and what people are going to buy from you as a team. The company's goal could be to "boost organizational morale" and the HR 's particular goal could be to "offer new workplace benefits." All the departmental priorities can be reduced to a handful of things the department will focus on for a year. So SMART – Measurable, Achievable, Results-focused so Timebound – all goals need to be achieved. Communication goes in all ways. This is the difference between driving people's agenda and drawing them towards you and encouraging them.
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