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  • CEMEX Way Local Flexibility vs Global Standardization Donald A Marchand William J Kettinger Rebecca Chung 2005

    CEMEX Way Local Flexibility vs Global Standardization Donald A Marchand William J Kettinger Rebecca Chung 2005

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    “As CEMEX looks to its future, it must address the global and domestic contexts. It must also balance the strengths of the local firms with the resources and capacity of the global corporation. We are an example of the local-global tension that CEMEX faces. The company has become a leader in the Mexican building materials industry, with operations in Mexico, Central and South America, and Asia. CEMEX’s business strategy is to leverage its local expertise to optimize global operations. CEMEX also has a strong commitment to

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    “CEMEX’s way of working is characterized by local flexibility, in which management is sensitive to the unique characteristics of the region, its resources, and its cultural norms,” (Marchand et al., 2005, p.4). This unique way of working is designed to adapt to the local conditions and ensure consistency in the company’s operations. However, “global standardization” describes the pursuit of efficiency and cost-effectiveness in the implementation of global policies, procedures, and procedures, without regard to cultural, environmental, or other

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    My opinion is that local flexibility is more effective in enabling a business to operate in an increasingly global world. This essay will discuss the advantages of local flexibility over global standardization in order to provide some evidence for this argument. Local flexibility is the ability of a company to take advantage of local market differences when making decisions. It enables a company to respond to the local needs of customers and the local economy without having to change company policies or procedures in the global business. According to the research paper written by Marchand, Kettinger, and Chung, local

  • Institutionalized Entrepreneurship Flagship Pioneering Hong Luo Gary P Pisano Huafeng Yu 2017

    Institutionalized Entrepreneurship Flagship Pioneering Hong Luo Gary P Pisano Huafeng Yu 2017

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  • Brightline Targeting a Successful Future with High Speed Rail Andrew Hoffman 2020

    Brightline Targeting a Successful Future with High Speed Rail Andrew Hoffman 2020

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    [I]n the 1980s, railways revolutionized our transportation system, connecting people to jobs, cities, and destinations. Railways made it convenient for people to travel from east to west, from south to north, and from the coast to the city center. Over the past 30 years, railways have experienced a rapid expansion and a steady growth. With the implementation of high-speed railways, transportation and transportation-related services have gained a significant importance. Today, in the global context, high-speed railways offer the best

  • Glossier CoCreating a Cult Brand with a Digital Community Jill Avery 2019

    Glossier CoCreating a Cult Brand with a Digital Community Jill Avery 2019

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  • Managing Science Perspectives from Postdocs Kyle R Myers Rembrand Koning Solene Delecourt Katelyn Cranney Kris Gulati Scott Sawaya

    Managing Science Perspectives from Postdocs Kyle R Myers Rembrand Koning Solene Delecourt Katelyn Cranney Kris Gulati Scott Sawaya

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    Freeze A Handling a WhistleBlowing Report Paulina Arroyo Vicky Poirier Myriam Levesque Nadia Smaili

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