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CMI Hong Kong: updates from the board

Chartered Management Institute

Other key events we hosted included an in-person networking event with the HKU SPACE GMBA students and alumni, and four webinars on different topics: “Future Leadership in the Fourth Industrial Revolution”, “Deep Dives into STEM and Finance” as well as “Skills for New Employment Landscape” with the UNESCO HK Glocal Peace Centre.

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The $2,000 Car

Harvard Business Review

Other companies still subscribe to a "glocalization" strategy of adapting their Western products to meet local needs, and will have to step up their game to get more from their innovation efforts. Phase 2: Glocalization. Local Growth Teams (LGTs) must have P&L responsibility (this is a key hurdle for American multinationals).

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P&G Innovates on Razor-Thin Margins

Harvard Business Review

First, it sent a team (PDF) to India to do ethnographic research — to observe customers, and do shop-alongs and home visits. centric "glocalization" to India-centric local innovation. But dominant market share creates its own growth challenges. Recently, P&G has completely reversed the innovation approach at Gillette.

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How Story Platforms Help Global Brands Go Local

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.". Coke rolled out the "Go Crazy" campaign in numerous locales, including South America, Africa, the Middle East and the UK.

Brand 8