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Principles of Business 
Seminar: 
Your company purpose and going 
global 
Topic Number:3
2 
Overview 
Developing a company mission and purpose is highly significant 
in creating a direction for employees and customers to 
understand. We will explore this notion in the first half of this 
seminar. We will consider what is the purpose of your 
organisation and how you will communicate it to all stakeholders. 
Thereafter, we will look to determine the optimal way to take 
your company global critically evaluating how to make strategic 
choices. 
Finally, we will determine the type of key challenges you may 
face when moving your business overseas and how you can 
overcome them.
3 
Learning outcomes of this seminar 
• Describe your company mission and vision 
• Develop a robust plan to be able to communicate it to key 
stakeholders 
• Evaluate and articulate how you would make decisions on 
where and how to expand your company globally 
• Be able to describe the key challenges you may face when 
‘going global’
Agenda for this seminar 
What is your company purpose? How would you articulate and communicate 
this to your employees and customers? 
Put together a mission statement for your 
company 
If you were going to ‘go global’ consider how you 
would assess which country you would enter 
Consider the types of challenges you may face and 
how you would overcome these
Structure for the session 
You will have 
15 minutes to 
discuss each 
question 
We will have a 
de-brief at the 
end of each 15 
minutes to hear 
your thoughts 
on each area 
Feel free to ask 
questions but 
please do not 
have separate 
conversations 
‘we are all in 
this together’!
What is your company 
purpose? 
How would you 
articulate and 
communicate 
this to your employees 
and customers?
Have a mission 
A small body of 
determined spirits fired 
by an unquenchable 
faith in their mission can 
alter the course of 
history 
Mahatma Gandhi
Ask yourselves: why are we doing this 
business? 
View video: 
http://www.ted.com/talks/simon_sinek_how_great_ 
leaders_inspire_action
What are you trying to cause in the world?
What mission would inspire others?
Communication: Actions speak louder than 
words
Name the corporation 
Communication 
Respect 
? 
Integrity 
Excellence
Mission and values in everything you do: 
A Starbucks Example 
To inspire and nurture the human spirit – 
one person, one cup and one 
neighborhood at a time. 
View video: 
https://www.youtube.com/watch?v=_- 
4EUNa8xQs 
BUT
Mission and values in everything you do: 
A Starbucks Example 
Really…
Lets assess some mission statements 
Dell’s mission is to be the most 
successful computer company in the 
world at delivering the best customer 
experience in markets we serve. 
YouTube’s mission is to provide 
fast and easy video access and 
the ability to share videos 
frequently 
Skype’s mission is to be the 
fabric of real-time 
communication on the web. 
Amazon’s vision is to be earth’s 
most customer centric company; 
to build a place where people can 
come to find and discover 
anything they might want to buy 
online.
If you were 
going to ‘go 
global’ consider 
how you 
would assess 
which country 
you would enter
Macro: Navigating the PEST 
Political Economic 
• Is the country politically stable? 
• Do they have any sanctions that 
prevent foreign companies 
entering? 
• Are their laws favourable? 
• Do they encourage/incentivise 
foreign companies? 
• Is the country fast growing? 
• Is their significant economic 
impact? 
• What is the level of economic 
development? 
Social Technological 
• Does the social trends match with 
your companies aspirations? 
• Are the countries social conditions 
favourable to help grow your 
business? 
• Have consumers already had 
exposure to your products and 
demand more? 
• Is there adequate infrastructure to 
help market your product? 
• Will technology help you market 
and grow your business more 
effectively? 
• How will you be able to use it to 
your advantage in a particular 
country?
Model for International Selection
Model for International Selection
Consider the 
types of 
challenges you 
may face and 
how you would 
overcome these
Appendix – Sources for illustrations 
Slide 7: 
www.biography.com 
Slide 9: 
www.alphinenow.com 
Slide 11: 
www.rollingstone.com 
Slide 13 
www.wikipedia.org 
Slide 14: 
www.starbucks.com 
Slide 16: 
Amazon, Dell, Youtube and Skype 
websites 
Slide 19 & 20: 
www.riskadviserinc.com
End of Seminar 
Note: This recording is for your 
personal use only and not for further 
distribution or wider review. 
© Pearson College 2013
Pob stage 1   seminar 3 sdb

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Pob stage 1 seminar 3 sdb

  • 1. Principles of Business Seminar: Your company purpose and going global Topic Number:3
  • 2. 2 Overview Developing a company mission and purpose is highly significant in creating a direction for employees and customers to understand. We will explore this notion in the first half of this seminar. We will consider what is the purpose of your organisation and how you will communicate it to all stakeholders. Thereafter, we will look to determine the optimal way to take your company global critically evaluating how to make strategic choices. Finally, we will determine the type of key challenges you may face when moving your business overseas and how you can overcome them.
  • 3. 3 Learning outcomes of this seminar • Describe your company mission and vision • Develop a robust plan to be able to communicate it to key stakeholders • Evaluate and articulate how you would make decisions on where and how to expand your company globally • Be able to describe the key challenges you may face when ‘going global’
  • 4. Agenda for this seminar What is your company purpose? How would you articulate and communicate this to your employees and customers? Put together a mission statement for your company If you were going to ‘go global’ consider how you would assess which country you would enter Consider the types of challenges you may face and how you would overcome these
  • 5. Structure for the session You will have 15 minutes to discuss each question We will have a de-brief at the end of each 15 minutes to hear your thoughts on each area Feel free to ask questions but please do not have separate conversations ‘we are all in this together’!
  • 6. What is your company purpose? How would you articulate and communicate this to your employees and customers?
  • 7. Have a mission A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history Mahatma Gandhi
  • 8. Ask yourselves: why are we doing this business? View video: http://www.ted.com/talks/simon_sinek_how_great_ leaders_inspire_action
  • 9. What are you trying to cause in the world?
  • 10. What mission would inspire others?
  • 11. Communication: Actions speak louder than words
  • 12. Name the corporation Communication Respect ? Integrity Excellence
  • 13.
  • 14. Mission and values in everything you do: A Starbucks Example To inspire and nurture the human spirit – one person, one cup and one neighborhood at a time. View video: https://www.youtube.com/watch?v=_- 4EUNa8xQs BUT
  • 15. Mission and values in everything you do: A Starbucks Example Really…
  • 16. Lets assess some mission statements Dell’s mission is to be the most successful computer company in the world at delivering the best customer experience in markets we serve. YouTube’s mission is to provide fast and easy video access and the ability to share videos frequently Skype’s mission is to be the fabric of real-time communication on the web. Amazon’s vision is to be earth’s most customer centric company; to build a place where people can come to find and discover anything they might want to buy online.
  • 17. If you were going to ‘go global’ consider how you would assess which country you would enter
  • 18. Macro: Navigating the PEST Political Economic • Is the country politically stable? • Do they have any sanctions that prevent foreign companies entering? • Are their laws favourable? • Do they encourage/incentivise foreign companies? • Is the country fast growing? • Is their significant economic impact? • What is the level of economic development? Social Technological • Does the social trends match with your companies aspirations? • Are the countries social conditions favourable to help grow your business? • Have consumers already had exposure to your products and demand more? • Is there adequate infrastructure to help market your product? • Will technology help you market and grow your business more effectively? • How will you be able to use it to your advantage in a particular country?
  • 21. Consider the types of challenges you may face and how you would overcome these
  • 22. Appendix – Sources for illustrations Slide 7: www.biography.com Slide 9: www.alphinenow.com Slide 11: www.rollingstone.com Slide 13 www.wikipedia.org Slide 14: www.starbucks.com Slide 16: Amazon, Dell, Youtube and Skype websites Slide 19 & 20: www.riskadviserinc.com
  • 23. End of Seminar Note: This recording is for your personal use only and not for further distribution or wider review. © Pearson College 2013