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Balancing Global Synergies and Local Responsiveness

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Global Marketing Strategy

Part of the book series: Management for Professionals ((MANAGPROF))

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Abstract

This chapter focuses on the tension between global synergies and local responsiveness, which dominates many global marketing and strategy decisions. We start with a review of forces that encourage global integration and then look at forces pushing companies toward local responsiveness. Subsequently, we introduce two frameworks that help managers maneuver through the global versus local tension, namely, the integration-responsiveness framework and the AAA Triangle. Next, we briefly discuss the potential of regional strategies as middle ground between a global and local focus. Having laid the foundations, the remaining discussion focuses on how managers can best achieve a balance between local responsiveness and global synergies. The chapter concludes with a list of instruments facilitating global marketing integration and arguments in support of local marketing autonomy.

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Notes

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    Schlegelmilch (2019).

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    Politi (2020), Kynge et al. (2020), von Hein (2020), and Johnson and Gramer (2020).

  16. 16.

    Ghemawat (2001).

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    Schlegelmilch et al. (2016).

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    Ghemawat (2007).

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    Adapted from Ghemawat (2007).

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    Ambos and Schlegelmilch (2010).

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    Ghoshal and Nohria (1993).

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    PWC (2016, p. 19).

  54. 54.

    Fromowitz (2017).

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  56. 56.

    Ambos et al. (2006).

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Schlegelmilch, B.B. (2022). Balancing Global Synergies and Local Responsiveness. In: Global Marketing Strategy. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-030-90665-8_4

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