Page 18 - Cross-Border Magazine Nr.3
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HOW TO BECOME





                                                                                                                                   A TRULY GLOBAL




                                                                                                                                   ORGANIZATION










                                                                                                                                   Text: Carl Miller // Photos: GRIN - Global Retail Insights Network



                                                                                                                                   For retail companies in today’s digital age, being “global” is no longer a choice, but rather, an
                                                                                                                                   imperative. To help retailers achieve international scale and lay the groundwork for an in-
                                                                                                                                   creasingly global future, this report addresses key considerations including: how to localize,

                                                                                                                                   to what degree to localize, how to structure your organization, and how to staff teams and
                                                                                                                                   create processes that promote successful localization. When retailers go global, they’re faced
          BUILDING YOUR DIGITAL FUTURE                                                                                             with structural challenges, difficult strategic decisions, and an often-understaffed interna-

                                                                                                                                   tional team. In the modern age, every retailer is global from day one. Being a global organi-
                                                                                                                                   zation, then, is key to success.
          TAILORMADE ECOMMERCE SOLUTIONS


          THAT EXCEED CUSTOMER EXPECTATIONS
                                                                                                                                            ature through four phases to grow your     planning the company’s expansion into Asia, they specifically
                                                                                                                                            global team                                prioritized countries where they had solid contacts.
                                                                                                                                   MCompanies will typically progress through three
                                                                                                                                   phases of development as they continue to expand internation-  2.   Cultivating locally knowledgeable centralized country
                                                                                                                                   ally, with the most mature companies ultimately graduating   teams within company headquarters. The next phase of
          When it comes to e-commerce, no company starts from scratch. And none of                                                 to a hybrid “glocal” or shared services approach (see Figure 1).   organizational development involves assigning some degree
                                                                                                                                   GRIN’s phases of org structure development include:  of market-specific accountability to individuals and teams
          their customers come without expectations either. That is why Intershop builds                                                                                               within company headquarters. (One Shanghai-based execu-
          digital commerce solutions as an integral part of your business. Seamlessly                                              1.   Assembling an informal advisory board of ‘local heroes’.   tive told us that his company even encourages each team to
          integrating any relevant system with ease. Enabling your company to showcase                                                Localization is not an “all or nothing” tactic. Regardless of   hang their country’s flag above their desks.) A centralized
          your brands, market your products or services, improve effi  ciencies, implement                                              resources or global maturity, all organizations can take certain   model allows for maximum corporate control and consist-
                                                                                                                                      steps towards localizing their retail presence. Indeed, forming   ency of approach, while promoting operating efficiencies by
          the strategies that will grow your business, and exceed customer expectations.                                              a group of trusted local advisors or conversing with other   preventing duplication of work across teams. Additionally,
                                                                                                                                      companies that are at a similar phase of development and fo-  this model enables organizations to reduce overhead costs by
          In this way we have engineered digital business engines for hundreds of                                                     cused on similar regions can be immensely helpful in learning   laying the groundwork to leverage economies of scale.
          ambitious B2B and B2C companies around the world. From global enterprises                                                   more about things like local payment preferences, fulfillment
                                                                                                                                      expectations, relevant brand affinities, and media consump-  3.   Building out an on-the-ground presence in well-established
          to fast growing start-ups. For over 25 years. Our 100% success ratio is                                                     tion habits. One Global VP of eCommerce, for example, told   or key strategic markets. As one retailer explained, “There’s
          unmatched; as is the ROI we deliver. So bring your own expectations and visit   Download the Intershop                      us that he often taps into relationships with local wholesal-  a point in every business cycle where it just makes sense to
          www.intershop.com.                                                           E-Commerce Report 2016                         ers to obtain essential guidance on “how best to localize the   open up physical offices and in country”. A decentralized ap-
                                                                                                                                      site, ins and outs of customer requirements, the customer use   proach, with autonomous regional management teams (CEO,
                                                                                                                                      profile, and local customer expectations” when expanding   CFO, Regional Operating Director, etc.) located in country,
                                                                                                                                      into a new country. And when global leaders at Puma were   gives local leadership the space to customize their website,

                                                                                    www.intershop.com




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