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Category General Article
Title Research: How Should Multinational Firms Navigate Local Rules?
Institution Harvard Business Review
Date 2024/09/19
Abstract By Regnér, P. and Ivar Padrón-Hernández(2024/09/19) When multinational firms enter new markets, they have to choose how to manage the formal and informal local rules that can vary greatly. Local institutions and rules matter, and there are clear risks for top executives at headquarters who don’t take them seriously. But constantly adapting to local practices could jeopardize a company’s ability to integrate operations across markets. A study of five globally successful Scandinavian companies identified six tactics that firms can use to address local rules while maintaining competitive advantage: Avoid, alter, adapt, imitate, influence, and innovate
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URL https://hbr.org/2024/09/research-how-should-multinational-firms-navigate-local-rules
Label 戦略論, 多国籍企業, 国際ビジネス
Register date 2024/09/19

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