Tech World
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Activity:
30 views;
last activity : 09 21 2010 10:04:44 +0000
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Go GLocal
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Going Local
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Customization (Personalization)
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Today’s business scenario is a mix of local and global customers at the same time. The product line should meet all requirements of both these ends in the same product to increase efficiency and decrease time wasting activities like rework, duplication etc. With a tough challenge today’s economy a business must go GLOCAL in terms of its functioning and thought process to meet the expectations of its customers wherever they are across the globe. |
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well explained jaydeep
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I mean everybody was outsourcing till date, but now companies have understood the importance of Going local and reaching out to a market which was not their forte, I mean today what we are seeing in emerging nations is that companies are setting their foot in this market and are creating products for these markets and are getting the Profit and loss from this market not from their parent market which was earlier, they have their R&D centers coming up here and they are devicing services concerned with the local market and not theirs....so going local is the new business strategy today I guess... |
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Going Local is new mantra to grow business by all means.
Very correctly said, Ms. Amrita.
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Today business depends on Customization where we adopt to the environment of business and we demand more cusomized according to our needs from any businees you take like TV's, Mobiles or electronic items, Transportation etc we need according to our convinence or making customized products is yielding results
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