The paper "Global Strategy - an Organizing Framework by Sumantra Ghoshal " is an outstanding example of a business article. The article was written by Sumantra Ghoshal (1987), by the title “ Global Strategy: an organizing framework” is a fluent and properly documented review of emergent literature related to international competition. Over the last few years, the global strategy concept has strongly emerged in the world of multinational corporations (MNCs). The article was written in 1987 at the time when globalization emerged as a new concept in the world of business. Similarly, the idea of “ global strategy” was gradually emerging at that time, but it was more popular among multinational corporations’ managers.
One of the key drivers to push the business to higher levels is the desire to achieve competitive advance with reference to its competitors. However, the company can only achieve this through “ Going global. " In the contemporary business world, it is hard to imagine any corporation that is not multinational in one way or the other or at least has some parts of its supply chain extended to some other regions across the world.
In his article, Ghoshal presented a framework for coming up with appropriate strategies when the company wishes to go global. Therefore, this paper aims at reviewing Sumantra Ghoshal (1987) article, by the title “ Global Strategy: an organizing framework. " Global Strategy Global strategy is considered suitable for global industries that are termed as those whereby the competitive position of a firm in a particular national market is considerably affected by its competitive position in other national markets. Hence, such interactions in relation to the state of the firm in dissimilar markets may be traced from scale benefits, resource sharing and costs or may emerge from the possibility of synergies across markets.
The global idea approach concentrates on the method employed by the firms in organizing their flow of tasks across its global systems.
ReferenceGhoshal, S. (1987). Global Strategy: An Organizing Framework Strategic Management Journal, 8 (5), 425-440