Working beyond borders: data, products and currency become easier to transfer across borders with the intelligent use of technology and developing infrastructures.
The use of digital approaches and technology allows more and more organisations to take advantage of a global market - bringing down the cost of international transactions. They can create markets and user communities on a global scale, providing a huge base of potential customers and effective ways to reach them.
Unlike historical approaches which grew more complex and inefficient as they expanded across borders, digital technologies can remove complexity and create leaner models. And they offer more product diversification and open up markets to existing services and products. This can then be supported by a lighter, leaner physical presence, keeping costs down and operating models manageable.
As engagement and virtual business has developed so has the physical infrastructure of trade itself. Through the proliferation of online retailers such as Amazon, there has been an exponential increase in the development of transportation and fulfilment of goods across the globe. Many of the traditional barriers to physical cross border and remote trade have been removed or made more accessible.
If you are not yet considering the impact of globalisation, now is the time, as the longer you ignore it the harder it will become to catch up.
Services we can provide to help globalisation of your business:
- Pre and post-acquisition analysis.
- Product and market analysis and development.
- Supply chain analysis and development.
- Customer profiling and channel analysis.
- Global digital maturity evaluation.
- Data analysis and health check – compliance, security, privacy, legal and technical.
- Analysis and development of your human resource function and institutional environment.
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