aligning your company for global expansion by laurel delaney (2/21/15)

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Presented by: Laurel Delaney for the UCLA Anderson School of Management (2/21/15) Aligning Your Company for Global Expansion Factors to Consider

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Page 1: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Presented by: Laurel Delaney for the!UCLA Anderson School of Management (2/21/15)

Aligning Your Company for Global Expansion

Factors to Consider

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

Get a company-wide commitment.

Page 3: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Be in the ready state.

Page 4: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Choose a market.

Page 5: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Develop a market entry strategy.

Page 6: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Establish a!payment!plan.

Page 7: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Price thoughtfully.

Page 8: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Make sure you are financially sound before going global.

Page 9: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Tailor your products to the!overseas marketplace.

Page 10: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Protect intellectual property.

Page 11: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Get information well in advance!of your global initiative.

Page 12: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Ask distributors what they anticipate selling overseas.

Page 13: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Meet with your customers.

Page 14: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Diversify at some point.

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

Provide!customer!service.

Page 16: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

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.

Page 17: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Thank you for your time. Questions?

Page 18: Aligning Your Company for Global Expansion by Laurel Delaney (2/21/15)

Connect with me …❖ Laurel Delaney, 773-381-1700, [email protected],

@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.