Instruction
1. Now that you have identified the challenges, it is time to think about possibilities.
As you continue to read Blue Oceans, you will learn more about the specific strategies that can help you differentiate and find you own niche.
Two other books, 42 Rules for Sourcing and Manufacturing in China: https://library-books24x7-com.prx-stratford.lirn.net/toc.aspx?site=ZOSQK&bookid=57166&refid=ZOSQK , 2nd Edition by Rosemary Coates, and Emerging Markets: Lessons for Business Success and the Outlook for Different Markets : https://library-books24x7-com.prx-stratford.lirn.net/toc.aspx?site=ZOSQK&bookid=22049&refid=ZOSQK by Nenad Pacek and Daniel Thorniley, provide insights into the logistics of expanding your company’s business.
While you might want to read these books, it might be a good idea to divide up the reading and then share ideas in the Collaborative Activity. If you have other books or articles you have read, you can add these as well.
2. Investigate the areas below that will impact going global:
Risk:
The 5 Biggest Global Business Risks: https://www.fm-magazine.com/news/2015/jan/201511686.html?TestCookiesEnabled=redirect
Operational risk in the global market place: http://www.investmentreview.com/print-archives/summer-2001/operational-risk-in-the-global-marketplace-656/
Operating Costs:
Budget Choice: Planning versus Control : https://hbr.org/1984/07/budget-choice-planning-versus-control
Business Conditions:
Financing Trade and International Supply Chains: Commerce Across Borders, Finance Across Frontiers by Alexander Malaket
Tax Strategy: https://library-books24x7-com.prx-stratford.lirn.net/toc.aspx?site=ZOSQK&bookid=64416&refid=ZOSQK
Global Tax Transparency & Risk Management : https://www.pwc.com/us/en/tax-services/tax-function-future/assets/tfof-transparancy.pdf
Building a Global Tax Strategy: http://www.taxofficerssummit.com/newsletter.asp?EventID=23238&RecID=5541#.W8A3oK2ZPPB
Scalability:
Globalization and New Strategies for Growth
Sustainability:
Corporate Sustainability Case Study: https://dspace.library.uu.nl/handle/1874/279517
Pioneering:
How Does One Make it as a Business Pioneer: https://www.ft.com/content/f13a512e-cca1-11e4-b5a5-00144feab7de#axzz4EP8PuHZf
Other resources that will help:
The Lean Six Sigma Black Belt Handbook: Tools and Methods for Process Acceleration by Frank Voehl, H. James Harrington, Chuck Mignosa, and Rich Charron : https://library-books24x7-com.prx-stratford.lirn.net/toc.aspx?site=ZOSQK&bookid=51940&refid=ZOSQK
Six Sigma for Powerful Improvement: A Green Belt DMAIC Training Course with Excel Tools and a 25-Lesson Course by Charles T. Carol : https://library-books24x7-com.prx-stratford.lirn.net/toc.aspx?site=ZOSQK&bookid=52052&refid=ZOSQK
The New Rules of International Negotiation: Building Relationships, Earning Trust, and Creating Influencing Around the World by Catherine Lee : https://library-books24x7-com.prx-stratford.lirn.net/toc.aspx?site=ZOSQK&bookid=21630&refid=ZOSQK