Strategic Plan For A Global Strategy

As the strategic team continue their research to design effective strategic plan for the organization, members of the team continue to discover issues that might pose threat to effective implementation of the plan as such issues will need to be effectively analyze to determine right approach for effective implementation of the global plan respectively (Winters, 2015).

The easy will basically explain reasons why should resources be a concern in a global strategy, analyze resources that may be a concern in the country selected, the impact on the decision to move to the country selected, and how it will also impact competitive strategy in global market (Winter, 2015).

Why should resources be a concern in a global strategy

Lack of resources will be a concern for an effective global strategy because certain resources adequate availability are key for effective global strategy implementation or lack of them will render or delay process implementation plan, and the organization may not achieve the goals and objectives of global strategy (M.U.S.E,2015).

Financial resources for example will be required through the process implementation plan for business set-up costs, cover marketing strategy and advertisement cost as well as running the business effectively. Lack of resources to keep and maintaining product(s) quality standard will be a concern as competitors in the global market offer quality products, and set-up procedures to maintaining and improve over time (Lopes, M. C. 2013).

Valuable innovation is a requirement to maintaining market competitiveness; therefore it is a necessity that the firm will require substantial financial resources to invest in research and development, which might include evaluation of som...

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... technological advancement, global market is growing at a fast pace, companies on the global market are under pressure to deliver modern product(s) at a fast pace to meet customer demand, therefore product quality will tentatively impact competitive strategy in a sense if the quality does not meet global standard (Lopes, M. C. 2013).

The company must a design a strategy that will help them deliver quality product(s) to either compete or surpass what competitors are currently offering on the market, such will require using modern technology as well as highly personnel. Skilled personnel is not available, regardless of the information on the strategic plan, will impact effective application, implementation of the plan, such will result to ineffective utilization of the global strategic plan, the goal will not be achieve as expected by the organization (M.U.S.E, 2015).