International Development
KEY POINTS
> Objectives and guidelines from parent firm > International project management and coordination WHAT HAS TO BE DONE > Open up an office abroad > Understand parent firm’s positioning (business, market, values) > Understand specificities of local market : TIMES analysis > Understand firm’s positioning in the new market > Adapt strategy to the new local market > Define a launch plan > Identify potential business partners (institutions, academics,…) > Create and develop an international network > Identify and get to understand firms in every country > Validate common objectives and positioning > Create a name > Make the network tangible through creating and using a visual identity > Coordinate development RISKS > Lack of coordination > Variable levels of commitment within the network > Local regulation and deontology > No involvement and buy-in by teams DELIVERABLES > STEM analysis (Stakeholders, Trends, Events, Media) > Supporting launch > Marketing and development plan Strategy & positioning | Marketing & Pricing | Growth development | Firm creation |
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