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Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Here’s what it takes for an organization, big or small, to go global or expand further.

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Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

  1. 1. Presented by: Laurel Delaney for the! UCLA Anderson School of Management (2/21/15) Aligning Your Company for Global Expansion Factors to Consider
  2. 2. Get a company-wide commitment.
  3. 3. Be in the ready state.
  4. 4. Choose a market.
  5. 5. Develop a market entry strategy.
  6. 6. Establish a! payment! plan.
  7. 7. Price thoughtfully.
  8. 8. Make sure you are financially sound before going global.
  9. 9. Tailor your products to the! overseas marketplace.
  10. 10. Protect intellectual property.
  11. 11. Get information well in advance! of your global initiative.
  12. 12. Ask distributors what they anticipate selling overseas.
  13. 13. Meet with your customers.
  14. 14. Diversify at some point.
  15. 15. Provide! customer! service.
  16. 16. This is all part of the process of turning your vague ambitions into a concrete strategy based on market realities, so the more smart questions you ask and answer, the better your chances of global success.
  17. 17. Thank you for your time. Questions?
  18. 18. Connect with me … ❖ Laurel Delaney, 773-381-1700, ldelaney@globetrade.com, @LaurelDelaney, The Global Small Business Blog (www.globalsmallbusinessblog.com), GlobeTrade.com, Women Entrepreneurs GROW Global (www.womenentrepreneursGROWglobal.org) and About Import & Export Expert (www.importexport.about.com) ! ❖ Books: Exporting: The Definitive Guide to Selling Abroad Profitably and Exporting Essentials: Selling Products and Services to the World Successfully (Apress) Photos and content courtesy: ©2015 Laurel J. Delaney. All rights reserved.