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Export Success Drivers
Alberto Quiroz CITP, P.Eng.
13 October 2015 Alberto Quiroz, P.Eng., CITP
Export Success Drivers
10/13/2015 Alberto Quiroz P.Eng., CITP 2
Ability
Attitude
Motivation
Knowledge
Assessment of the capabilities
13 October 2015 Alberto Quiroz, P.Eng., CITP
• Is the company successful locally?
• Does the company have a significant brand equity over competitors?
• Does the company have a technological advantage over
competitors?
• Does the company have the capabilities to modify the existing offer
to comply with local regulations?
• Does the company have the production capacity to meet added
demand?
• Does the company have the resources to invest in exporting?
Export Success Drivers
10/13/2015 Alberto Quiroz P.Eng., CITP 4
Ability
Attitude
Motivation
Knowledge
•Strategic Assets
•Management skills
•Innovation /Flexibility
•Access to resources
Attitude
• Does the company have the innovation and flexibility culture to adapt and
lead in the new market?
• Is the company making a commitment to pursue the market?
• Is Global growth part of the company vision?
• Does the company understand the risks and the mechanisms available for
mitigating these risks?
13 October 2015 Alberto Quiroz, P.Eng., CITP
Export Success Drivers
10/13/2015 Alberto Quiroz P.Eng., CITP 6
Ability
Attitude
Motivation
Knowledge
•Strategic Assets
•Management skills
•Innovation /Flexibility
•Access to resources
•Desire and Commitment
•International outlook
•Perception of Risk
Motivation
• Does the company have an entrepreneurial spirit?
• Does the company welcome cultural diversity?
• Is the company open to expand its current capabilities?
• Does the company see opportunities in expanding into a new market as a
vehicle to:
– Spread risks?
– Expand sources of revenue?
– Build resiliency for economic downturns?
13 October 2015 Alberto Quiroz, P.Eng., CITP
Export Success Drivers
10/13/2015 Alberto Quiroz P.Eng., CITP 8
Ability
Attitude
Motivation
Knowledge
•Strategic Assets
•Management skills
•Innovation /Flexibility
•Access to resources
•Desire and Commitment
•International outlook
•Perception of Risk
•Awareness of opportunities
•Awareness of resources
•Basic knowledge
Get to Know the Market
• Understand the industry
• Develop a detailed market research that
identifies:
– The target customers
– Competitors and their offers
– Market dynamics and specifics such as: Regulations,
Average operation costs, customers limitations for
investments, customer preferences etc.
– How the product will be delivered
– How the product will be Installed and serviced
10/13/2015 Alberto Quiroz P.Eng., CITP
Export Success Drivers
10/13/2015 Alberto Quiroz P.Eng., CITP 10
Ability
Attitude
Motivation
Knowledge
•Strategic Assets
•Management skills
•Innovation /Flexibility
•Access to resources
•Desire and Commitment
•International outlook
•Perception of Risk
•Awareness of opportunities
•Awareness of resources
•Basic knowledge
•Market research
•Market Entry Plan
•Logistics & Operation
Success
Reinforcement & Knowledge transfer
• What positions need to be adapted-created within the company to
provide support?
• How will the new export team will look like?
• What knowledge is missing?
• What will the strategy be?
• Develop the detailed plan to determine the sales channel and the support
structure around it.
• Plan to meet the conditions for project viability, Return on Investment and
cost of ownership
• Ensure customer identifies the product benefits
• Take customer to visit successful installation in similar markets
10/13/2015 Alberto Quiroz P.Eng., CITP
Export Success Drivers
10/13/2015 Alberto Quiroz P.Eng., CITP 12
Ability
Attitude
Motivation
Knowledge
•Strategic Assets
•Management skills
•Innovation /Flexibility
•Access to resources
•Desire and Commitment
•International outlook
•Perception of Risk
•Awareness of opportunities
•Awareness of resources
•Basic knowledge
•Market research
•Market Entry Plan
•Logistics & Operation
Success
Reinforcement &
Knowledge transfer

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Export Success Drivers

  • 1. Export Success Drivers Alberto Quiroz CITP, P.Eng. 13 October 2015 Alberto Quiroz, P.Eng., CITP
  • 2. Export Success Drivers 10/13/2015 Alberto Quiroz P.Eng., CITP 2 Ability Attitude Motivation Knowledge
  • 3. Assessment of the capabilities 13 October 2015 Alberto Quiroz, P.Eng., CITP • Is the company successful locally? • Does the company have a significant brand equity over competitors? • Does the company have a technological advantage over competitors? • Does the company have the capabilities to modify the existing offer to comply with local regulations? • Does the company have the production capacity to meet added demand? • Does the company have the resources to invest in exporting?
  • 4. Export Success Drivers 10/13/2015 Alberto Quiroz P.Eng., CITP 4 Ability Attitude Motivation Knowledge •Strategic Assets •Management skills •Innovation /Flexibility •Access to resources
  • 5. Attitude • Does the company have the innovation and flexibility culture to adapt and lead in the new market? • Is the company making a commitment to pursue the market? • Is Global growth part of the company vision? • Does the company understand the risks and the mechanisms available for mitigating these risks? 13 October 2015 Alberto Quiroz, P.Eng., CITP
  • 6. Export Success Drivers 10/13/2015 Alberto Quiroz P.Eng., CITP 6 Ability Attitude Motivation Knowledge •Strategic Assets •Management skills •Innovation /Flexibility •Access to resources •Desire and Commitment •International outlook •Perception of Risk
  • 7. Motivation • Does the company have an entrepreneurial spirit? • Does the company welcome cultural diversity? • Is the company open to expand its current capabilities? • Does the company see opportunities in expanding into a new market as a vehicle to: – Spread risks? – Expand sources of revenue? – Build resiliency for economic downturns? 13 October 2015 Alberto Quiroz, P.Eng., CITP
  • 8. Export Success Drivers 10/13/2015 Alberto Quiroz P.Eng., CITP 8 Ability Attitude Motivation Knowledge •Strategic Assets •Management skills •Innovation /Flexibility •Access to resources •Desire and Commitment •International outlook •Perception of Risk •Awareness of opportunities •Awareness of resources •Basic knowledge
  • 9. Get to Know the Market • Understand the industry • Develop a detailed market research that identifies: – The target customers – Competitors and their offers – Market dynamics and specifics such as: Regulations, Average operation costs, customers limitations for investments, customer preferences etc. – How the product will be delivered – How the product will be Installed and serviced 10/13/2015 Alberto Quiroz P.Eng., CITP
  • 10. Export Success Drivers 10/13/2015 Alberto Quiroz P.Eng., CITP 10 Ability Attitude Motivation Knowledge •Strategic Assets •Management skills •Innovation /Flexibility •Access to resources •Desire and Commitment •International outlook •Perception of Risk •Awareness of opportunities •Awareness of resources •Basic knowledge •Market research •Market Entry Plan •Logistics & Operation Success
  • 11. Reinforcement & Knowledge transfer • What positions need to be adapted-created within the company to provide support? • How will the new export team will look like? • What knowledge is missing? • What will the strategy be? • Develop the detailed plan to determine the sales channel and the support structure around it. • Plan to meet the conditions for project viability, Return on Investment and cost of ownership • Ensure customer identifies the product benefits • Take customer to visit successful installation in similar markets 10/13/2015 Alberto Quiroz P.Eng., CITP
  • 12. Export Success Drivers 10/13/2015 Alberto Quiroz P.Eng., CITP 12 Ability Attitude Motivation Knowledge •Strategic Assets •Management skills •Innovation /Flexibility •Access to resources •Desire and Commitment •International outlook •Perception of Risk •Awareness of opportunities •Awareness of resources •Basic knowledge •Market research •Market Entry Plan •Logistics & Operation Success Reinforcement & Knowledge transfer