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Organization: Bank of America
Choose 1 country that the organization you’ve been working on in this course could consider expanding into.
Read the attached article
Analyze that potential international market by considering the 4 aspects of the Diamond of National Advantage: industry rivalry, demand conditions, related and supporting industries, and factor endowments.
Evaluate the 4 adjustments leaders must make when expanding internationally (Burkus, 2012).
Recommend 1 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.
Recommend whether the organization should expand into the chosen country. Explain your rationale.
Create a Microsoft® PowerPoint® presentation to present your analysis and recommendation. Include the following sections in your presentation:
o An agenda
o Identification of the country you have chosen (1 slide, with brief speaker’s notes)
o 1 slide for analysis of each of the elements of the Diamond of National Advantage (4 slides, with speaker’s notes)
o A summary of analysis of the forces that will help the organization succeed in the new country (1 slide, with speaker’s notes)
o A summary of analysis of the forces that will hinder the organization’s success in the new country (1 slide, with speaker’s notes)
o Leadership actions required to make the 4 adjustments identified by Burkus (2012) (1 slide)
o A recommendation and rationale (1 slide, with speaker’s notes)
o A conclusion (1 slide)