Social Influence on Global Management WTO vs. U.S. Marine Mammals Protection Act – Flipper Seal of Approval Starbuck’s Fair Trade Blend U.S. MNCs that outsource/off-shore are 21 st century “Benedict Arnolds” Access to lower priced drugs from Canada Angola bans genetically-modified grain donated from World Food Program
Hierarchy of External Influences Firm Social Economic Technical Global Political/Legal Five Forces Competitor Intelligence Industry Structure Strategic Groups Political/Legal
Social Influencers (Stakeholders) Firm Shareholders Government Financial Community Host Community Ecological Environment Society in General Rivals Customers Suppliers Employees Managers Board Members
Social Influence on International Strategy Acme Inc. HQ in U.S. Acme GmbH WOS in Germany Cervesa SA JV in Mexico Gang Ped LTD Contract Supplier in Thailand
Stakeholder Analysis Who are they? How can they be classified? How do they exert influence? What is level of threat [opportunity] ?
Your Examples and Recommendations What company/industry? What are social issues? How do they impact the company? Describe issue in greater detail: –Relevant political, legal, social, ethical, economic, and/or strategic drivers How do issue(s) impact company's strategy, entry mode, value chain activities, financial performance, etc.? What are YOUR recommendations?