Overview
Key analytical decisions managers need to focus on in the global factory are: where the business activity should be located; and how should it be controlled? The decision process is grounded in situations that are volatile, dynamic, and carries risk.

Activity description
Go to the website and read the article. The article contains a checklist and screening matrix to evaluate the process used to develop an international business proposal and not so much the proposal itself or the degree of confidence it inspires. It is a tool to assist a firm to evaluate if it needs to expand its focus and options in the strategy process.

Consider:

• How can assumptions influence the decision process?
• How can overconfidence influence the decision process?

Visit the following website
https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/are-you-ready-to-decide