International expansion requires a sure-footed strategy. Bain analysis shows that more than 60% of geographic moves fail entirely, and only 17% of companies achieve profitable foreign growth. But for those who get it right,the rewards can be great. How can companies score similar successes in overseas fields of competition? Bain’s research surfaced four major conditions linked to profitable international expansion: a strong domestic core; a … [ Read more ]
Content: Article | Authors: James Root, Josef Ming | Source: Bain & Company | Subject: International
With global expansion as challenging as it’s ever been, Bain has analyzed what it takes to prosper internationally. Starting with 7,500 public companies over a five-year period, we focused on the relative few that manage to sustain profitable international growth. Our findings are summarized here from an article first published in the European Business Forum.
Content: Article | Authors: James Root, John Smith | Source: Bain & Company | Subject: International