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Competitive Advantage from the Bottom of the Pyramid

LDRLB

The aggregate affordability of the D & E classes in favelas and other parts is substantial and as such LG has developed a sustained strategy focusing on the lower 2 classes. LG also restructured its organization by promoting locally which further endeared the brand. Brazil’s economic classes are divided into A.B,

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CMI Hong Kong: updates from the board

Chartered Management Institute

Mellisa Patrick CMgr MCMI, CMI’s programme development manager, attended the event to engage with potential new partners, including universities, colleges, and technical and vocational education and training (TVET) providers. We look forward to more collaborations with different organisations and insightful engagement events in the new year!

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3 Ways Social Entrepreneurs Can Solve Their Talent Problem

Harvard Business Review

Instead, they have to build on their own strengths, selling candidates on the complete employee value proposition — especially the mission and vision for the organization. Just as entrepreneurs of all kinds need to anticipate consumer trends and product development, they also need to stay ahead of their hiring needs. Fair enough.

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The $2,000 Car

Harvard Business Review

Increasingly, Western companies are developing products in countries like China and India, and then distributing them globally. For example, GE developed an ultra-low-cost ultrasound for rural China which is now marketed in over 100 countries. Phase 2: Glocalization. and which they now sell in Europe and the U.S.

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Great Advertising Is Both Local and Global

Harvard Business Review

One solution to this tension is to pursue what we call glocal advertising strategy — locally adapting a universally embraced core idea that will resonate in any market anywhere in the world. By getting the glocal model right, Johnnie Walker reversed a continuing decline and more than doubled its global business in ten years.