HRM SKILLS Developing Overseas Markets - Course Details
 
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Developing Overseas Markets

Objectives

  • To update participants with regards to market development orientation as a long-term growth strategy.


  • To familiarize participants with a framework to determine where the opportunities and threats are and how to systematically select country markets.


  • To provide participants with the opportunity to discuss and exchange experiences on overseas market development.

  • Outline

    The Changing Environment

  • Where the threats are coming from


  • The opportunities in a changing environment.
  • Beyond the Domestic Market

  • The limitations of any domestic market


  • The push and pull factors for market expansion.
  • A Practical Framework for Overseas Market Expansion

  • Screening of potential country markets


  • Matching resources and objectives to market development
  • Analysing Selected Country Market

  • Evaluating industry potential and attractiveness


  • Market segmentation and positioning strategy.
  • Implementation Issues in Market Development

  • Establishing objectives and metrics


  • Cross-cultural issues in overseas market development


  • HR considerations

  • Methodology

    This workshop will be highly interactive and practice-oriented. A combination of lecture presentation, discussions and group participation will be used. Participants will have the opportunity to put into practice tools and techniques in the practical sessions.


    Who Should Attend

    CEOs, general managers, directors, business development and marketing managers.

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    Developing Overseas Markets

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