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when do you make your move?
plan competitive strategy, location, segmentation
competitive strategy?
differentiation
positioning
location strategy?
diversification
concentration
stand-alone attractiveness
strategic importance
synergies
implement entry, structure, control, advertising
glocalization Uniformity  in elements that are  strategic   and   localization  of necessary  tactical  elements
not-invented-here  Syndrome (NIH)

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Strategic Planning for International Marketing

Editor's Notes

  1. strat plan is a long-term plan based on experience, understanding the market and opportunity, pre-planning AND adapting as you enter – just like x and o's
  2. Scenario – planning to come to school – what aspects needed to be solved to get here? Management buy in, experience, moula, capacity to produce
  3. Formulation of global strategy
  4. Positioning Differentiation
  5. Set up poll – is this positioning or differtiation?
  6. Target market (remember the country similarity theory?) Country selection synergies Market size, market growth rate, number and type of competitors, government regulation, economic and political stability (PESTLE)
  7. portfolio -> concentration vs diversification
  8. handout
  9. Country selection 1. stand-alone attractiveness (china with consumer products due to size)
  10. Country selection – 2. strat importance (finland in shipbuilding),
  11. Country selection 3. synergies (go to ireland after scotland due to similarities and proximity) Work in groups of 3-4ish to determine 1 country / industry match for each
  12. Can you think of any examples of glocalization? = question of the week
  13. Starbucks stripped down strategy – things to consider in their plan Discuss and chat with me