Needs Analysis

Introduction and Initial Meeting

  • Clarification of Customer Objectives:
    • Explanation
      Clarifies the company’s international market objectives, growth strategies, and current priorities.
    • Subtopics
      • Defining Market Objectives
      • Discussing Expected Challenges and Priorities
    • Example
      Specific goals such as achieving 10% growth in the European market and improving customer satisfaction are identified.
  • Review of General Company Status:
    • Explanation:
      A comprehensive evaluation of the company’s operational and financial status is conducted.
    • Subtopics:
      • Reviewing Past Performance Data
      • Evaluating Organizational Structure
    • Example:
      Production capacity utilization is identified to be at 80% annually.

Situation and Resource Analysis

  • Evaluation of Existing Products and Services:
    • Explanation:
      Examines whether the company’s products and services meet the needs of the target market.
    • Subtopics:
      • Potential for Product Innovation
      • Efficiency of Service Processes
    • Example:
      The technical features of the products are compared with those offered by competitors.
  • Company Capacity Analysis:
    • Explanation:
      Evaluates the company’s production, financial structure, and human resources for alignment with expansion plans.
    • Subtopics:
      • Analyzing Financial Capacity
      • State of Production Technologies
    • Example:
      The capital requirements for adding a new production line are determined.
  • Human Resources and Technological Infrastructure Review:
    • Explanation:
      Assesses the competencies of employees and the suitability of technological infrastructure for international markets.
    • Subtopics:
      • Measuring Digitalization Level
      • Identifying Employee Training Needs
    • Example:
      The ERP system is identified as insufficient for international operations.

Goal Setting

  • Short-Term Goals:
    • Explanation:
      Goals to be achieved within the first 6-12 months.
    • Subtopics:
      • Expanding Sales Channels
      • Defining ROI for Initial Investment
    • Example:
      Signing agreements with 3 new distributors within 6 months.
  • Long-Term Goals:
    • Explanation:
      Strategic growth goals the company plans to achieve within 3-5 years.
    • Subtopics:
      • Strategies to Increase Brand Awareness
      • Developing New Products and Market Innovation
    • Example:
      Increasing production capacity by 50% within 5 years.
  • Definition of Success Criteria for Goals:
    • Explanation:
      Defines performance indicators to clarify success measurement criteria.
    • Subtopics:
      • Developing KPIs for Measurable Goals
      • Continuous Performance Monitoring
    • Example:
      Setting the annual growth rate at 20% and reporting it regularly.

Strategy Development

Adapting Strengths to Marketing and Sales Strategies

  • Explanation:
    Develops strategies to transform the company’s existing strengths into competitive advantages in international markets.
  • Subtopics:
    • Using Technological Capabilities as a Differentiator:
      • Explanation: Using technology as an innovative tool ensures standing out in the market.
      • Example: Reducing production costs through automation technology and leveraging this advantage in pricing strategies.
    • Maintaining Strong Customer Relationships:
      • Explanation: Develops strategies to retain the current customer portfolio and enhance loyalty.
      • Example: Creating improvement processes based on regional customer satisfaction reports.

Expansion and Market Entry Strategy

  • Market Entry Models:
    • Explanation:
      Determines the most suitable business model to facilitate the company’s entry into the target market.
    • Subtopics:
      • Joint Ventures and Licensing Models:
        • Explanation: Partners with local companies to share risks.
        • Example: Entering into a licensing agreement with a local producer in Asia to reduce production costs.
      • Direct Investment and Production Strategies:
        • Explanation: Enables the company to establish an independent presence in the market through direct investment.
        • Example: Opening a new production facility in Southeast Asia.

International Partnerships

  • Developing Global and Local Partnership Models:
    • Explanation:
      Aims to expand market access and broaden the collaboration network by establishing local and global partnerships.
    • Subtopics:
      • Strategic Agreements with Local Distributors:
        • Explanation: Signs agreements with local distributors to streamline logistics and sales processes in the target market.
        • Example: Partnering with a distributor in Asia to ensure quick access of products to the regional market.
      • Sustainability of Long-Term Partnerships:
        • Explanation: Plans to ensure the sustainability of business partnerships for mutual benefit in the long term.
        • Example: Structuring an agreement with a regional logistics firm that offers cost advantages for both parties.
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