Directions
For this milestone, complete Parts 1 and 2 by following the prompts below.
- Part 1: Worksheet ActivityUsing the PESTEL Analysis Worksheet linked in the Supporting Materials section, populate the rows for India, Middle East, and France. This is the final time that you are expected to fill out the PESTEL Analysis Worksheet. Filling out these rows will help you visualize global values, such as each country and region’s cultural and political trends, and will assist you as you work toward completion of your final project.
- Part 2: Composition
Write a 2- to 3-page paper that assesses the company using the PESTEL analysis and Hofstede’s cultural dimensions as a guide. A link to the Final Project Case Study is provided in the Supporting Materials section below- Business Practice Analysis: In this part of the assessment, you will analyze the current global business practices of the organization. You will then illustrate the potential benefits and challenges to the organization regarding its adoption of a more geocentric focus.
- Recommendations: In this part of the assessment, you will compile a series of recommendations for the organization’s leadership regarding how the organization can adopt a more geocentric focus with its business practices.
Specifically, you must address the following rubric criteria:
- PESTEL Analysis Worksheet
- Business Practice Analysis
- Determine critical success factors for the organization for transitioning from an ethnocentric approach to a geocentric focus and achieving potential gains. What critical success factors must be considered when making such a transition? How do those critical success factors help achieve those potential gains?
- Analyze global political trends for potential risk events regarding human resource management that the organization might have to consider in the future.
- Recommendations
- Recommend strategies for accommodating current and future global political changes that will be managed in the organization. Be certain that your response addresses previous analysis regarding risk events. For instance, you could consider how the organization should go about operating in an ever-changing political atmosphere.
What to Submit
Your paper must be submitted as a 3- to 4-page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least three sources cited in APA format. Separately, for your PESTEL Analysis Worksheet, you must complete the last three rows and submit the worksheet.