Expansion and setting up new plants and sites is key for businesses trying to achieve growth. For this purpose a global presence is needed along with a firm structure of managed operations which are integrated with the business operations. As mentioned that to meet the rise in the global demand for its product company has decided to set up a facility in Latin America and Columbia is being considered as the prime country for this establishment…
Along with this factor Columbia is a country which is rich in natural resources but at the same time the country has class differences which have been running throughout the history, illegal drug cartels and differences between the political parties remain there making it a tough country to operate in. Maintaining focus on these we should be prepared with strategies to tackle such issues which can arise in the context of fore mentioned points. For preparing a strategy that is to successfully deal and cope up with the population, culture & class differences, political instabilities etc. in Columbia we need to understand in depth the heritage; develop a thorough understanding of its culture since our workforce will be consisting of mostly local population whose mentality and thinking process will be influenced or at least affected by these factors. Managing this local workforce will be tedious task for managers involved and for this experience such managers should be opted who have had firsthand experience working with diverse work forces and at the same time possess counseling qualities through which he could motivate them. A diversity strategy should be formulated. ...
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