Global Strategic Management Essay Example | Topics and Well Written Essays - 5000 words

Global strategical Management - Essay ExampleThe industrial gases sold by the beau monde have a alteration of uses. They argon used by oil and natural gas companies, health c ar providers, steel and superior general processing companies, chemical and food processing companies and research institutions such as NASA among others. Most packaged gases are sold to magnetic resonance imaging and electronics industries in the United States of America (United States Securities and Exchange Commission, 2010). Industrial gases are extracted either through separation process or chemical synthesis. Air Products and Chemicals, Inc. is the largest supplier of Helium and enthalpy in the world. The comp each has wide spherical distribution channels (branches) in nearly all continents. The association has branches in Africa (Algeria and S erupth Africa), America (Brazil, Canada and Mexico), Asia (China, Korea, Hong Kong, Malaysia, India, Indonesia, Japan, Singapore, Taiwan and Thailand), Europe (Belgium, Czech Republic, France, Germany, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Slovak Republic, Spain, Turkey and United Kingdom), Middle easterly (Israel, Qatar, Turkey and United Arab Emirates ) and West Indies (Trinidad and Tobago) among other countries. Air Products and Chemicals, Inc. is performing exceptionally well. ... In 2010, common shares out standing were 213,802,865 which increased from 211,260,264 in 2009. In 2009, packaged gases constituted 25.2 percent of the total market and generated $11.2 one million million million (United States Securities and Exchange Commission, 2010). Managing globally dispersed operations of Air Products and Chemicals, Inc can be complex and challenging to any manager. Harrison and St. John (2009) argued that managing global firms is challenging to managers because resources, business practices and values vary. However, if the companys management prepares well for multinational opportunities through strategic p lanning and timely implementation, the task would be easier. Strategic management involves a enumerate of functions and actions by all key stakeholders. The actions and functions are performed mainly by the board of directors in consultation with the decease management and employees. Identifying and selecting a global governing structure, management systems, networking global operations, managing physical and non-tangible assets including employees and enhancing their capabilities is critical to strategic global management. It also involves enhancing sharing of information across boarders. Furthermore, the company need to pursue corporate social responsibilities and gather with critical stakeholders to gain competitive advantage against other players in the internationalist market. This will enable the company to minimise competitive and environmental risks in the environments in which it operates. Heckscher-Ohlin model According Gandolfo (1998), Heckscher-Ohlin model is an impo rtant international trade theory that states that countries produce and export goods and services whose factors of production are abundant and easily operational in that country. On