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Published byVeronica Johnston Modified over 9 years ago
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How to succeed?
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Ensure there is genuine commitment from the very top
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Never take market leadership for granted
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Toe dipping often backfires
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Don’t let economic crises interfere with strategy
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Adjust performance criteria
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Be early to market and go for it
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Be flexible
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Adapt to the market
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Localise decision making
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Empower regional and country managers
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Pay attention to organizational structure
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Even more to processes
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Recognise that a worldly business requires worldly people
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Don’t ignore small markets
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They can offer rich opportunities
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Know what you are getting into
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Know or anticipate what others are getting into
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Assess and address the internal constraints
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Set high standards and benchmark against the best
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Understand the business in emerging markets is more time consuming
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Don’t ignore emerging markets because you think they are too small
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Never take your eye off the ball
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Thank you
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