SlideShare une entreprise Scribd logo
1  sur  20
Glocalization
Think Global…Act Local!
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
What is Glocalization?
 Globalization - A process by which the people of the world are unified into a
single society. This process is a combination of economic, technological,
sociocultural and political forces
 Localization – is the process of adapting a product or service to a particular
language, culture, and desired local "look-and-feel."
 Glocalization – Is a fusion of globalization and localization.
By definition, the term “glocal” refers to the individual, group,
division, unit, organization, and community which is willing and
is able to “think globally and act locally.”
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Back to Square One – the Intent!
 Building block of vision
/ growth
 Customer Oriented
 Messaging / Marketing
/ Sales
 Guiding Principle
 Anchor / Driving Force!
Intent
Why does the
company
exist?
Product 1
Service 1
Service 2
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
 What is the intent of your product / service?
 Preserve and grow customer wealth
 Provide robust and economical infrastructure
 Provide unforgettable dining experience
 Getting people on their feet
 Low cost options environment conservation
Back to Square One – the Intent!
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Need for Glocalization
 Spread economic risk
 Currency exchange
rates
 Taxation Benefits
 24 x 7 operations
 Preservation and
Growth
 Expand customer base
 Reduce operational
costs
 Restrictive regulations
 Competition pressures
 Access to quality
resources
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Glocalization Cycle
Country
Mode of
Operation
Tri-Merge
Analysis
Localize
Beta &
Launch
Product / Service
Intent
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Identify Products & Services
 Value add of product / service
 Customer / business profile
 Competitive landscape
 Market size and growth
 Auxiliary markets
 Expected sales goals
 Regulatory requirements
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Identify Country
 Taxation / Tariffs
 Currency exchange rate
 Ease of operation
 Micro / Macro Economies (Local / Regional /
National) trends
 Resource availability
 Bureaucracy and political interference /
Stability
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Identify Mode of Operation
 Capital Investment
 Outsourcing
 Partnerships (MoU)
 Exporting products & services
 Distribution and servicing
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Tri-Merged Analysis
Glocalization Matrix
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Product   Country    
Mode of 
Operatio
ns  
Valves India USA / Canada EU Mexico Mfg Dist
Value Add
Accuracy, Lower TOC, 
Quality
Accuracy, Lower TOC, 
Quality
Accuracy, Lower 
TOC, Quality, Lower 
Price
Accuracy, Lower 
TOC, Quality, 
Lower Price
Accuracy, Lower 
TOC, Quality    
Customer 
Profile
Multiple Verticals, 
Small Medium and 
Large Businesses, etc
Pulp & Paper, Small 
and medium 
businesses
Oil, Pulp & Paper, 
Agri, Medium and 
Large Businesses
Pulp & Paper, 
Medium and 
Large businesses
Pulp & Paper, Small 
and medium 
businesses    
Competitive 
Landscape
Large established and 
small manufacturers
Small and medium size 
manufactures, mostly 
distribution
Medium, large 
manufacturers, 
strong distribution 
and servicing and 
innovation
Small and 
medium size 
manufactures, 
mostly 
distribution and 
innovation
Small and medium 
size manufactures, 
mostly distribution    
Market Size Established market Small Large Large Medium    
Growth 
Trend Rapid, slow, stable
Rapidly growing cause 
of booming economy
Established market 
but slow growth
Established 
market but 
medium growth Growing market    
Currency 
Exchange 
Rate
Difference in 
currencies   high high low    
Auxiliary 
Markets
Entry into other 
upcoming industries 
like oil, paint, etc Paint, Agriculture None None Agriculture    
Results from Tri-Merge Analysis
 Prioritized list of products
/services, countries and markets
 High level investment profile
 Opportunity size and cost
 Risk profile and fluctuations
 Vision attainment
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Localizing Products & Services
 Categories
 Marketing
 Sales
 Features and Functions
 Support and Servicing
 Operations
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Localizing Products & Services
 Marketing
 Understand demographic uniqueness
 Create emotional attachment by
connecting with local issues
 Don’t just translate…relate!
 Use social media effectively
 Offer choices (but not in a confusing way)
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Localizing Products & Services
 Vertical Localization
 Weights and Measures
 Language Translation
 Time zones
 Currency
 Data formatting
 Reporting
 Social Context
 Privacy laws
 Pricing (including
Taxation)
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Unlocalized Products & Services
 Risks of unlocalization
 Regulatory issues
 Cultural issues
 Brand issues
 Functional issues
 Product and service failure
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Glocalization Beta
 Gather competitive intelligence
 Short list prospects
 Form special interest group
 Show case product / service (Prototypes)
 Solicit glocalization feedback
 Create glocal user profile
 Chart workflow, pain points and non value add activities
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Launch Glocal Product & Service
 Preparations
 Launch Scope
 Timing
 Audience (Prospects)
 Announcements
 Sales Approach and
Collateral
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Glocalization Cycle
Country
Mode of
Operation
Tri-Merge
Analysis
Localize
Beta &
Launch
Product / Service
Intent
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Yukta Services
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Yukta Services
All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
Contact Information: 830-883-1433
Email: info@yukta.co.in
Site: yukta.co.in
Good Reads:
http://www.acclaro.com/newsletter/save-money-software-localization
http://www.infoentrepreneurs.org/en/guides/assess-your-options-for-growth/
http://www.startupoverseas.co.uk/expanding-a-business-in-canada/preparing-to-
expand.html

Contenu connexe

Tendances

Strategic analysis of unilever (USLP 2012-2013)
Strategic analysis of unilever (USLP 2012-2013)Strategic analysis of unilever (USLP 2012-2013)
Strategic analysis of unilever (USLP 2012-2013)Roukaya Issaoui
 
Starbucks Case Study : Building Sustainable Supply Chain
Starbucks Case Study : Building Sustainable Supply ChainStarbucks Case Study : Building Sustainable Supply Chain
Starbucks Case Study : Building Sustainable Supply ChainRiri Kusumarani
 
SWOT analysis of Unilever
SWOT analysis of Unilever SWOT analysis of Unilever
SWOT analysis of Unilever Md Ikbal Hussain
 
Apple Once the Worlds Most Valuable Company
Apple Once the Worlds Most Valuable CompanyApple Once the Worlds Most Valuable Company
Apple Once the Worlds Most Valuable CompanyMita Angela M. Dimalanta
 
Organizational Structure comparision | Proctor & Gamble and Unilever
Organizational Structure comparision | Proctor & Gamble and UnileverOrganizational Structure comparision | Proctor & Gamble and Unilever
Organizational Structure comparision | Proctor & Gamble and UnileverPRIYAJNVCTC
 
case study on starbucks
case study on starbucks case study on starbucks
case study on starbucks Shakila Banu
 
Starbucks it's bigger than coffee
Starbucks it's bigger than coffeeStarbucks it's bigger than coffee
Starbucks it's bigger than coffeePuneet Arora
 
Impact of culture on international marketing
Impact of culture on international marketingImpact of culture on international marketing
Impact of culture on international marketingAnu Damodaran
 
Glocalisation of-mc donalds
Glocalisation of-mc donaldsGlocalisation of-mc donalds
Glocalisation of-mc donaldsIGilmore
 
Market segmentation of colgate converted
Market segmentation of colgate convertedMarket segmentation of colgate converted
Market segmentation of colgate convertedPreetiSha2
 
[Case Study] Launching Innocent + Developing a new product for the teeth whit...
[Case Study] Launching Innocent + Developing a new product for the teeth whit...[Case Study] Launching Innocent + Developing a new product for the teeth whit...
[Case Study] Launching Innocent + Developing a new product for the teeth whit...Riri Kusumarani
 
Kellogg's final ppt(2)
Kellogg's final ppt(2)Kellogg's final ppt(2)
Kellogg's final ppt(2)Monali Bhoir
 
Cultural dynamics in assessing global markets
Cultural dynamics in assessing global marketsCultural dynamics in assessing global markets
Cultural dynamics in assessing global marketsluispachon
 
Segmenting, Targeting and Positioning of the toothpaste industry
Segmenting, Targeting and Positioning of the toothpaste industrySegmenting, Targeting and Positioning of the toothpaste industry
Segmenting, Targeting and Positioning of the toothpaste industrySohinee Dabeedyal
 
Marketing Strategy of Safeguard Soap in Pakistan 2011
Marketing Strategy of Safeguard Soap in Pakistan 2011Marketing Strategy of Safeguard Soap in Pakistan 2011
Marketing Strategy of Safeguard Soap in Pakistan 2011khurramkhanonline
 

Tendances (20)

Strategic analysis of unilever (USLP 2012-2013)
Strategic analysis of unilever (USLP 2012-2013)Strategic analysis of unilever (USLP 2012-2013)
Strategic analysis of unilever (USLP 2012-2013)
 
Starbucks Case Study : Building Sustainable Supply Chain
Starbucks Case Study : Building Sustainable Supply ChainStarbucks Case Study : Building Sustainable Supply Chain
Starbucks Case Study : Building Sustainable Supply Chain
 
SWOT analysis of Unilever
SWOT analysis of Unilever SWOT analysis of Unilever
SWOT analysis of Unilever
 
Yakult Swot And Tows Final
Yakult Swot And Tows FinalYakult Swot And Tows Final
Yakult Swot And Tows Final
 
IKEA Porter's Five Forces and Value Chain Analysis
IKEA Porter's Five Forces and Value Chain AnalysisIKEA Porter's Five Forces and Value Chain Analysis
IKEA Porter's Five Forces and Value Chain Analysis
 
Apple Once the Worlds Most Valuable Company
Apple Once the Worlds Most Valuable CompanyApple Once the Worlds Most Valuable Company
Apple Once the Worlds Most Valuable Company
 
Organizational Structure comparision | Proctor & Gamble and Unilever
Organizational Structure comparision | Proctor & Gamble and UnileverOrganizational Structure comparision | Proctor & Gamble and Unilever
Organizational Structure comparision | Proctor & Gamble and Unilever
 
case study on starbucks
case study on starbucks case study on starbucks
case study on starbucks
 
Starbucks it's bigger than coffee
Starbucks it's bigger than coffeeStarbucks it's bigger than coffee
Starbucks it's bigger than coffee
 
Impact of culture on international marketing
Impact of culture on international marketingImpact of culture on international marketing
Impact of culture on international marketing
 
Glocalisation of-mc donalds
Glocalisation of-mc donaldsGlocalisation of-mc donalds
Glocalisation of-mc donalds
 
Ansoff matrix
Ansoff matrixAnsoff matrix
Ansoff matrix
 
Caffebean case study report
Caffebean case study report Caffebean case study report
Caffebean case study report
 
Market segmentation of colgate converted
Market segmentation of colgate convertedMarket segmentation of colgate converted
Market segmentation of colgate converted
 
[Case Study] Launching Innocent + Developing a new product for the teeth whit...
[Case Study] Launching Innocent + Developing a new product for the teeth whit...[Case Study] Launching Innocent + Developing a new product for the teeth whit...
[Case Study] Launching Innocent + Developing a new product for the teeth whit...
 
Kellogg's final ppt(2)
Kellogg's final ppt(2)Kellogg's final ppt(2)
Kellogg's final ppt(2)
 
Cultural dynamics in assessing global markets
Cultural dynamics in assessing global marketsCultural dynamics in assessing global markets
Cultural dynamics in assessing global markets
 
Segmenting, Targeting and Positioning of the toothpaste industry
Segmenting, Targeting and Positioning of the toothpaste industrySegmenting, Targeting and Positioning of the toothpaste industry
Segmenting, Targeting and Positioning of the toothpaste industry
 
Porter's 5 Force Model
Porter's 5 Force ModelPorter's 5 Force Model
Porter's 5 Force Model
 
Marketing Strategy of Safeguard Soap in Pakistan 2011
Marketing Strategy of Safeguard Soap in Pakistan 2011Marketing Strategy of Safeguard Soap in Pakistan 2011
Marketing Strategy of Safeguard Soap in Pakistan 2011
 

En vedette

THE GLOCAL MARKETING STRATEGY
THE GLOCAL MARKETING STRATEGYTHE GLOCAL MARKETING STRATEGY
THE GLOCAL MARKETING STRATEGYAlex Grebeshkov
 
Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...
Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...
Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...InsightInnovation
 
IB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - GlocalizationIB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - GlocalizationRichard Allaway
 
GLOCALIZATION - Designing for Cultures
GLOCALIZATION - Designing for CulturesGLOCALIZATION - Designing for Cultures
GLOCALIZATION - Designing for CulturesSantosh Subramanyam
 
Bengt Johannisson - TylöSand0915 FSF
Bengt Johannisson - TylöSand0915 FSFBengt Johannisson - TylöSand0915 FSF
Bengt Johannisson - TylöSand0915 FSFAnders Abrahamsson
 
Mc Donalds: a GloCal Company
Mc Donalds: a GloCal CompanyMc Donalds: a GloCal Company
Mc Donalds: a GloCal CompanyEloise9990
 
Globalization Presentation
Globalization PresentationGlobalization Presentation
Globalization Presentationphilpiedt
 
Globalization powerpoint
Globalization powerpointGlobalization powerpoint
Globalization powerpointshelbbb527
 
Glocalization: Time-Space and Homogeneity-Heterogeneity
Glocalization: Time-Space and Homogeneity-HeterogeneityGlocalization: Time-Space and Homogeneity-Heterogeneity
Glocalization: Time-Space and Homogeneity-HeterogeneityUniversity Of Manchester
 
Glocalization of Media
Glocalization of MediaGlocalization of Media
Glocalization of MediaMila
 
BFBM(15-2016) Glocalization by prof. dr. aung tun thet
 BFBM(15-2016) Glocalization by prof. dr. aung tun thet BFBM(15-2016) Glocalization by prof. dr. aung tun thet
BFBM(15-2016) Glocalization by prof. dr. aung tun thetHub Myanmar Company Limited
 
Internationalization & localization testing
Internationalization & localization testingInternationalization & localization testing
Internationalization & localization testingRobin0590
 
Mcdonaldisation and Glocalisation
Mcdonaldisation and GlocalisationMcdonaldisation and Glocalisation
Mcdonaldisation and GlocalisationAntara Chakrabarty
 
Globalization Theory Revised1
Globalization Theory Revised1Globalization Theory Revised1
Globalization Theory Revised1Khenddro Low
 
Porter’s diamond model
Porter’s diamond modelPorter’s diamond model
Porter’s diamond modelRezwana Newaz
 

En vedette (20)

Glocalization
GlocalizationGlocalization
Glocalization
 
THE GLOCAL MARKETING STRATEGY
THE GLOCAL MARKETING STRATEGYTHE GLOCAL MARKETING STRATEGY
THE GLOCAL MARKETING STRATEGY
 
Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...
Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...
Glocalization: A Measure of Global Brands’ Adaptation to Local Cultures by Ol...
 
IB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - GlocalizationIB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - Glocalization
 
GLOCALIZATION - Designing for Cultures
GLOCALIZATION - Designing for CulturesGLOCALIZATION - Designing for Cultures
GLOCALIZATION - Designing for Cultures
 
Bengt Johannisson - TylöSand0915 FSF
Bengt Johannisson - TylöSand0915 FSFBengt Johannisson - TylöSand0915 FSF
Bengt Johannisson - TylöSand0915 FSF
 
Glocalisation
GlocalisationGlocalisation
Glocalisation
 
Mc Donalds: a GloCal Company
Mc Donalds: a GloCal CompanyMc Donalds: a GloCal Company
Mc Donalds: a GloCal Company
 
Globalization Presentation
Globalization PresentationGlobalization Presentation
Globalization Presentation
 
Globalization powerpoint
Globalization powerpointGlobalization powerpoint
Globalization powerpoint
 
Glocalizing web
Glocalizing webGlocalizing web
Glocalizing web
 
Glocalization: Time-Space and Homogeneity-Heterogeneity
Glocalization: Time-Space and Homogeneity-HeterogeneityGlocalization: Time-Space and Homogeneity-Heterogeneity
Glocalization: Time-Space and Homogeneity-Heterogeneity
 
Glocalization of Media
Glocalization of MediaGlocalization of Media
Glocalization of Media
 
Local go global
Local go globalLocal go global
Local go global
 
Entering foreign markets
Entering foreign marketsEntering foreign markets
Entering foreign markets
 
BFBM(15-2016) Glocalization by prof. dr. aung tun thet
 BFBM(15-2016) Glocalization by prof. dr. aung tun thet BFBM(15-2016) Glocalization by prof. dr. aung tun thet
BFBM(15-2016) Glocalization by prof. dr. aung tun thet
 
Internationalization & localization testing
Internationalization & localization testingInternationalization & localization testing
Internationalization & localization testing
 
Mcdonaldisation and Glocalisation
Mcdonaldisation and GlocalisationMcdonaldisation and Glocalisation
Mcdonaldisation and Glocalisation
 
Globalization Theory Revised1
Globalization Theory Revised1Globalization Theory Revised1
Globalization Theory Revised1
 
Porter’s diamond model
Porter’s diamond modelPorter’s diamond model
Porter’s diamond model
 

Similaire à Glocalization: Framework for expanding your business internationally

Updated Profile siddharth bhatt - Copy
Updated  Profile  siddharth bhatt - CopyUpdated  Profile  siddharth bhatt - Copy
Updated Profile siddharth bhatt - CopySiddharth Bhatt
 
Strategic Management Lecture 2
Strategic Management Lecture 2 Strategic Management Lecture 2
Strategic Management Lecture 2 Ali Shah
 
Iigrowth Market Preso Jul 08
Iigrowth Market Preso Jul 08Iigrowth Market Preso Jul 08
Iigrowth Market Preso Jul 08gueste358ec
 
Best Practices for Integrated Regulatory Reporting Across Multiple Jurisdictions
Best Practices for Integrated Regulatory Reporting Across Multiple JurisdictionsBest Practices for Integrated Regulatory Reporting Across Multiple Jurisdictions
Best Practices for Integrated Regulatory Reporting Across Multiple JurisdictionsLeigh Hill
 
The future of the business landscape: What's in store for companies?
The future of the business landscape: What's in store for companies?The future of the business landscape: What's in store for companies?
The future of the business landscape: What's in store for companies?Deloitte United States
 
Digital strategy design & proptech resources
Digital strategy design & proptech resources Digital strategy design & proptech resources
Digital strategy design & proptech resources Jonas Canton
 
B2 b marketing part 1 prof abha wankhede
B2 b marketing part 1 prof abha wankhedeB2 b marketing part 1 prof abha wankhede
B2 b marketing part 1 prof abha wankhedeSananda Sengupta
 
2013 seep ac_plenary_impact investing
2013 seep ac_plenary_impact investing2013 seep ac_plenary_impact investing
2013 seep ac_plenary_impact investingCommSEEP
 
The practical realities of policy on the run - 4Qs
The practical realities of policy on the run - 4QsThe practical realities of policy on the run - 4Qs
The practical realities of policy on the run - 4QsLouise Gilding
 
LinkedIn Business Update
LinkedIn Business Update LinkedIn Business Update
LinkedIn Business Update LinkedIn
 
BumiInov-slides-ind dialogue-4Comments
BumiInov-slides-ind dialogue-4CommentsBumiInov-slides-ind dialogue-4Comments
BumiInov-slides-ind dialogue-4CommentsRizatuddin Ramli
 
463 33 powerpoint-slides_baines2e_ch02_1
463 33 powerpoint-slides_baines2e_ch02_1463 33 powerpoint-slides_baines2e_ch02_1
463 33 powerpoint-slides_baines2e_ch02_1Anirban Mandal
 
Beyond the Pioneer: Getting Inclusive Industries to Scale
Beyond the Pioneer: Getting Inclusive Industries to ScaleBeyond the Pioneer: Getting Inclusive Industries to Scale
Beyond the Pioneer: Getting Inclusive Industries to ScaleThe Rockefeller Foundation
 

Similaire à Glocalization: Framework for expanding your business internationally (20)

Updated Profile siddharth bhatt - Copy
Updated  Profile  siddharth bhatt - CopyUpdated  Profile  siddharth bhatt - Copy
Updated Profile siddharth bhatt - Copy
 
Strategic Management Lecture 2
Strategic Management Lecture 2 Strategic Management Lecture 2
Strategic Management Lecture 2
 
Iigrowth Market Preso Jul 08
Iigrowth Market Preso Jul 08Iigrowth Market Preso Jul 08
Iigrowth Market Preso Jul 08
 
Merger & acquisition
Merger & acquisitionMerger & acquisition
Merger & acquisition
 
Globalisation ppt 2
Globalisation ppt 2Globalisation ppt 2
Globalisation ppt 2
 
Best Practices for Integrated Regulatory Reporting Across Multiple Jurisdictions
Best Practices for Integrated Regulatory Reporting Across Multiple JurisdictionsBest Practices for Integrated Regulatory Reporting Across Multiple Jurisdictions
Best Practices for Integrated Regulatory Reporting Across Multiple Jurisdictions
 
The future of the business landscape: What's in store for companies?
The future of the business landscape: What's in store for companies?The future of the business landscape: What's in store for companies?
The future of the business landscape: What's in store for companies?
 
Digital strategy design & proptech resources
Digital strategy design & proptech resources Digital strategy design & proptech resources
Digital strategy design & proptech resources
 
B2 b marketing part 1 prof abha wankhede
B2 b marketing part 1 prof abha wankhedeB2 b marketing part 1 prof abha wankhede
B2 b marketing part 1 prof abha wankhede
 
Global marketing slides
Global marketing slidesGlobal marketing slides
Global marketing slides
 
2013 seep ac_plenary_impact investing
2013 seep ac_plenary_impact investing2013 seep ac_plenary_impact investing
2013 seep ac_plenary_impact investing
 
Globalisation
GlobalisationGlobalisation
Globalisation
 
The practical realities of policy on the run - 4Qs
The practical realities of policy on the run - 4QsThe practical realities of policy on the run - 4Qs
The practical realities of policy on the run - 4Qs
 
Unit 1
Unit 1Unit 1
Unit 1
 
LinkedIn Business Update
LinkedIn Business Update LinkedIn Business Update
LinkedIn Business Update
 
BumiInov-slides-ind dialogue-4Comments
BumiInov-slides-ind dialogue-4CommentsBumiInov-slides-ind dialogue-4Comments
BumiInov-slides-ind dialogue-4Comments
 
463 33 powerpoint-slides_baines2e_ch02_1
463 33 powerpoint-slides_baines2e_ch02_1463 33 powerpoint-slides_baines2e_ch02_1
463 33 powerpoint-slides_baines2e_ch02_1
 
International business strategy
International business strategy International business strategy
International business strategy
 
Hitachi eco friendly (i)
Hitachi eco friendly  (i)Hitachi eco friendly  (i)
Hitachi eco friendly (i)
 
Beyond the Pioneer: Getting Inclusive Industries to Scale
Beyond the Pioneer: Getting Inclusive Industries to ScaleBeyond the Pioneer: Getting Inclusive Industries to Scale
Beyond the Pioneer: Getting Inclusive Industries to Scale
 

Dernier

Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdfOrient Homes
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 

Dernier (20)

Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdf
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 

Glocalization: Framework for expanding your business internationally

  • 1. Glocalization Think Global…Act Local! All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 2. What is Glocalization?  Globalization - A process by which the people of the world are unified into a single society. This process is a combination of economic, technological, sociocultural and political forces  Localization – is the process of adapting a product or service to a particular language, culture, and desired local "look-and-feel."  Glocalization – Is a fusion of globalization and localization. By definition, the term “glocal” refers to the individual, group, division, unit, organization, and community which is willing and is able to “think globally and act locally.” All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 3. Back to Square One – the Intent!  Building block of vision / growth  Customer Oriented  Messaging / Marketing / Sales  Guiding Principle  Anchor / Driving Force! Intent Why does the company exist? Product 1 Service 1 Service 2 All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 4.  What is the intent of your product / service?  Preserve and grow customer wealth  Provide robust and economical infrastructure  Provide unforgettable dining experience  Getting people on their feet  Low cost options environment conservation Back to Square One – the Intent! All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 5. Need for Glocalization  Spread economic risk  Currency exchange rates  Taxation Benefits  24 x 7 operations  Preservation and Growth  Expand customer base  Reduce operational costs  Restrictive regulations  Competition pressures  Access to quality resources All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 6. Glocalization Cycle Country Mode of Operation Tri-Merge Analysis Localize Beta & Launch Product / Service Intent All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 7. Identify Products & Services  Value add of product / service  Customer / business profile  Competitive landscape  Market size and growth  Auxiliary markets  Expected sales goals  Regulatory requirements All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 8. Identify Country  Taxation / Tariffs  Currency exchange rate  Ease of operation  Micro / Macro Economies (Local / Regional / National) trends  Resource availability  Bureaucracy and political interference / Stability All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 9. Identify Mode of Operation  Capital Investment  Outsourcing  Partnerships (MoU)  Exporting products & services  Distribution and servicing All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 10. Tri-Merged Analysis Glocalization Matrix All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved. Product   Country     Mode of  Operatio ns   Valves India USA / Canada EU Mexico Mfg Dist Value Add Accuracy, Lower TOC,  Quality Accuracy, Lower TOC,  Quality Accuracy, Lower  TOC, Quality, Lower  Price Accuracy, Lower  TOC, Quality,  Lower Price Accuracy, Lower  TOC, Quality     Customer  Profile Multiple Verticals,  Small Medium and  Large Businesses, etc Pulp & Paper, Small  and medium  businesses Oil, Pulp & Paper,  Agri, Medium and  Large Businesses Pulp & Paper,  Medium and  Large businesses Pulp & Paper, Small  and medium  businesses     Competitive  Landscape Large established and  small manufacturers Small and medium size  manufactures, mostly  distribution Medium, large  manufacturers,  strong distribution  and servicing and  innovation Small and  medium size  manufactures,  mostly  distribution and  innovation Small and medium  size manufactures,  mostly distribution     Market Size Established market Small Large Large Medium     Growth  Trend Rapid, slow, stable Rapidly growing cause  of booming economy Established market  but slow growth Established  market but  medium growth Growing market     Currency  Exchange  Rate Difference in  currencies   high high low     Auxiliary  Markets Entry into other  upcoming industries  like oil, paint, etc Paint, Agriculture None None Agriculture    
  • 11. Results from Tri-Merge Analysis  Prioritized list of products /services, countries and markets  High level investment profile  Opportunity size and cost  Risk profile and fluctuations  Vision attainment All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 12. Localizing Products & Services  Categories  Marketing  Sales  Features and Functions  Support and Servicing  Operations All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 13. Localizing Products & Services  Marketing  Understand demographic uniqueness  Create emotional attachment by connecting with local issues  Don’t just translate…relate!  Use social media effectively  Offer choices (but not in a confusing way) All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 14. Localizing Products & Services  Vertical Localization  Weights and Measures  Language Translation  Time zones  Currency  Data formatting  Reporting  Social Context  Privacy laws  Pricing (including Taxation) All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 15. Unlocalized Products & Services  Risks of unlocalization  Regulatory issues  Cultural issues  Brand issues  Functional issues  Product and service failure All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 16. Glocalization Beta  Gather competitive intelligence  Short list prospects  Form special interest group  Show case product / service (Prototypes)  Solicit glocalization feedback  Create glocal user profile  Chart workflow, pain points and non value add activities All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 17. Launch Glocal Product & Service  Preparations  Launch Scope  Timing  Audience (Prospects)  Announcements  Sales Approach and Collateral All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 18. Glocalization Cycle Country Mode of Operation Tri-Merge Analysis Localize Beta & Launch Product / Service Intent All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 19. Yukta Services All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved.
  • 20. Yukta Services All content appearing in this presentation is the property of Yukta Copyright © 2013. All rights reserved. Contact Information: 830-883-1433 Email: info@yukta.co.in Site: yukta.co.in Good Reads: http://www.acclaro.com/newsletter/save-money-software-localization http://www.infoentrepreneurs.org/en/guides/assess-your-options-for-growth/ http://www.startupoverseas.co.uk/expanding-a-business-in-canada/preparing-to- expand.html