Question
Expanding the Organization (Home Depot). 1- Choose one country that HOME DEPOT could consider expanding into. 2- What is the agenda? 3-Analyze that potential international
Expanding the Organization (Home Depot).
1- Chooseone country that HOME DEPOT could consider expanding into.
2- What is the agenda?
3-Analyzethat potential international market by considering the four aspects of the Diamond of National Advantage:
- industry rivalry,
- demand conditions,
- related and supporting industries,
- and factor endowments.
4- Analyzethe forces (in the home and international markets)
- that will help the organization succeed with its expansion and the forces that may act as barriers to that expansion.
- Refer to the analysis of strengths and weaknesses, Porter's Five Forces, and the Diamond of National Advantage analysis.
5- Evaluatethe four adjustments leaders must make when expanding internationally (Burkus, 2012).
- Recommend one specific leadership action for each adjustment, such as developing a global mindset, developing sensitivity to cultural differences, decentralizing, deciding on the level of involvement, etc.
6- Recommendwhether the organization should expand into the chosen country and explain your rationale.
7- A conclusion
Please also provide at least three peer review references with in-text citations.
Reference: Burkus, D. (2012). Essay: Developing Global Leadership: A review of barriers and adjustments for international expansion. International Management Review, 8(2), 83-84.
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