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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Milestone 3

Milestone 3

Q Q-Business Practice Analysis a. Determine critical success factors for the organization for transitioning from an ethnocentric approach to a geocentric focus and achieving potential gains. What critical success factors must be considered when making such a transition? How do those critical success factors help achieve those potential gains? b. Analyze global political trends for potential risk events regarding human resource management that the organization might have to consider in the future. III. Recommendations a. Recommend strategies for accommodating current and future global political changes that will be managed in the organization. Be sure that your response addresses previous analysis regarding risk events. You could consider: how should the organization go about operating in an everchanging political atmosphere?

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Business Organizations expanding their sustainable growth and profitability and to improve their positions globally must work on several sources of competitive advantage. So, business organizations consider the human resource system to be a source of competitive advantage. An organization must focus on its global strategy and have tight control over its global operations to achieve potential gains. The transitional strategies include policies regarding staffing, expatriate selection, compensation, industrial relations, training, and diversity management. As the technology is developing at a faster pace the rate of globalization is also running at a similar pace. Organizations need to quickly enter regions before their co