Page 19 - 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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