The pace of global business is accelerating and will continue to grow as multinational corporations seek growth beyond their home markets - but establishing a more global footprint can be a daunting challenge. Businesses should align to new customer needs, reduce overall cost structures, build an aligned, lean, and tax-effective structure, and strengthen local talent. Any business that aspires to expand globally should address all these issues or face operational complexity and missed growth opportunities.
Companies should connect their business strategy and customer value propositions with new operational models, legal structures, talent, risk management, and tax strategies. By developing a new operational plan, companies can achieve competitive advantage and financial success wherever they take their business around the world.