The second debate revolves around the dilemma of global vis-a-vis local strategy, that is, the trade-off between global standardization and local customization.
The larger group has 100, 000 employees, and Sorrell is currently thinking that by eliminating regional managers--leaving local and global executives to service clients--he could possibly save another 2% to 2.5% of the group's revenue.
Omnicom Group Inc. provides corporate communications services to clients worldwide on a global, pan-regional, national and local basis.
The debate regarding the trade-off between a global and a local strategy is misplaced because it views value propositions crossing national borders as products per se rather than as bundles of global and local characteristics.
Instead of sounding as an external threat to the local markets global firms must adapt to the local markets and make the trade with them a win-win.
There are several situations where global technological know-how of best practices can help local economies emerge from difficult economic situations.
Or rather, after an aberrant half century of industrial-scale McDonaldization of the global economy, the local food industry is actually reclaiming the bellwether status it has always had in history.
To facilitate links between local, regional and global levels, and harmonizing top-down and bottom-up approaches whilst taking into account social issues.
Changes in agricultural practices and the local climate - thought to be brought about by global warming - as well as housing, industrial and transport developments have all taken their toll on good species-rich grassland in the county.
Customers benefit from a new, feature rich user interface that provides one-click access to all of their preferred local and global services but also benefit from a browser that is much faster and more data efficient compared to other browsers, reducing the amount of data consumed by 30-90% depending on the types of services and files accessed.
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You can take advantage by buying deposits in the local treasury bill market through a global bank, but fast-moving prices make this tricky.
She began her career working in the non-profit sector and still commits her time to serving local and global causes.
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With the support of his wife, local friends and Atlanta-based hotels, Kayongo began his Global Soap Project in 2009.
Other companies have been slow to adapt to this new mind-set, caught in pseudo dilemmas, swinging between a global and a local leadership strategy.
Emirates has also thrived by entering markets in the rest of the Middle East, Africa, South-East Asia, India and Latin America that had hitherto been poorly connected to the global air-transport network because of over-regulation, the absence of a strong local flag carrier and the indifference of established airlines.
In collaboration with governments and educators, this Science Competition means to help transform education, by expanding local research initiatives and applying state-of-the-art technologies to support local talent and enable countries to compete in the global economy.
"Fish-farming on a local basis exists throughout Southeast Asia, but to become a global presence a firm must overcome this obstacle, " says Gerald Bassleer, managing director of the industry's trade group, the Ornamental Fish International in the Netherlands.
On balance, global companies, be they American-, Australian-or German-owned, do best when serving local markets, local ways and local tastes.
Another idea is to move away from providing a global, centrally broadcast, round-the-clock radio network, and concentrate on supplying content to local rebroadcasters.
The home of a world-class collection of premium brands, AOL creates original content that engages audiences on a local and global scale.
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Meanwhile, Rousseff and Finance Minister Guido Mantega are sticking to their guns when it comes to their inflation shoot-out, arguing that excess global liquidity is a key, if not main culprit, rather than excess local demand.
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About 1, 000 American troops are in the southern Philippines training local soldiers to combat Abu Sayyaf rebels, which the Bush administration links to the al-Qaeda global militant network.
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