Key Facts from 'Global Class'
- The Importance of Local Focus: The book emphasizes the necessity of understanding and catering to local markets, despite operating on a global scale.
- Adaptability: The authors stress adaptability as a key characteristic of successful global companies.
- Multi-Dimensional Growth: Growth is not merely geographical; it can also be about expanding product lines, market segments, or customer base.
- Building Relationships: The book underscores the importance of building strong relationships with local stakeholders, including customers, employees, and government officials.
- Learning from Mistakes: Companies should be prepared to learn from their mistakes and adjust their strategies accordingly.
- Staff...