logo
logo
Sign in

Going Global, Thinking Local

avatar
CIO Talk Network
Going Global, Thinking Local

All about 'Going Global, Thinking Local’. Check ✓ How Local & Global Teams can help create Transparency & Visibility in Performance Across Company?


What is Going Global Thinking Local?

Part of going global actually means staying local. Focusing on local markets, giving freedom to local leaders to innovate and creating a dialogue between local and global teams can help create transparency and visibility in performance across your company.

Benefits of Standardization Across Regions

“You need to seek out standardization where it makes sense,” Wolters Kluwer’s Peter Cook said. “But you don’t want standards to stagnate; you want them to evolve,” he added. Having standardization that adapts along with constantly changing regulations and services specific to other markets allows companies to stay globally focused while meeting the needs of local markets more readily. “We’re constantly revisiting how we do operations,” John David Thompson said. “We’re continuing to update, but we’re maintaining standards.”

Thompson has seen great results through this approach. During the show “Localizing Global Operations & IT” he described an occasion when empowering one of his regional teams to set pricing based on their own needs, not the global standard, they saw a dramatic uptick in performance and ultimately innovated the way Western Union approached their global operation.



Explore More


collect
0
avatar
CIO Talk Network
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more