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Global forces shaping the future of business and society

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It is quite obvious the trends discussed will affect the operating environment but the most striking point is the confluence of the trends. H expected a wave of transformation on its way. Eizabeth Stevenson opined to examine the size or the scope of the changes. Te time calls for examination of whether the move is towards venturing into new markets, o ways to survive efficiently. Te operating environment will get influenced in different fashion if the move is towards overcoming the scarcity of resources or interact with the a different way.

Acording to Patrick Viguerie, eamination f the demand pools will reveal that the revenue leaders of today will not be in a sustainable position in the coming years as far as unit leadership in emerging markets are concerned. Tis means that the new world will witness new leaders. H stated that companies opt to view the short term while deriving strategies. Sveral insertion points were put forwarded by Sven Smith. Te strategies should be informed by some upfront section along with some trends that will contribute of new businesses.

Te section can be undertaken on monthly or annual basis. Rsearch is required to determine the degree of the position of the resources against the trends as well make a second strategy if the undertaken strategy sinks (Belgard and Rayner, 2004, p The forecasted trends are easy to get embedded into the strategic planning processes but in a tricky fashion. Along term trend embedded into the planning process can be a throwaway in the initial stages. Te existing challenge is to engage line executives in to the trends and if the trends are analyzed as forces of nature it would be hard to recalculate again into the trajectory of the business keeping in mind the subsequent shifts.

Te tasks ahead of the global corporation are to contend with the amount of restructuring and shifting of portfolio that are anticipated to occur in the coming decade. Te corporations need to analyze the nature of the shifts and build a conviction and finding the right moves that will contribute in the creation of value. Te of the will be profound.

Te coming years will witness multiple headquarters as the organizations will like to expand their operations. Te pools of talent that has been created around the world now are sufficient to deal with the. ..

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