Preview

The Internationalization Process of McKinsey and Company

Powerful Essays
Open Document
Open Document
4265 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Internationalization Process of McKinsey and Company
NOVA BUSINESS SCHOOL OF BUSINESS AND ECONOMICS

INTERNATIONAL MANAGEMENT
Fall Semester
2013 - 2014

Final Report
The Internationalization process of McKinsey & Company

Work performed by:
Pina Bonde 1584
Filipa Pereira - 10548
Marko Štemberger - 1458
Betina Jukic - 1597

Lisbon, 16th November 2013

Nova School of Business and Economics

Table of Contents
Executive Summary...................................................................................................................................... 3
Introduction .................................................................................................................................................. 4
Definition of the Industry ............................................................................................................................. 5
Characteristics of the Consulting Market ..................................................................................................... 5
McKinsey’s Competitive Advantage............................................................................................................ 6
Factors for Internatinalization ...................................................................................................................... 7
Factors for Location Choice ......................................................................................................................... 8
Mode of Entry Evolution .............................................................................................................................. 9
Factors of success in internationalization process ...................................................................................... 10
Internationalization policies ....................................................................................................................... 11
Redefinition/adaption of the company’s policies

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Mgt448 Week 1 Dq's

    • 738 Words
    • 3 Pages

    Hill, C. W. (2009). International business. Competing in the global marketplace (7th ed.). Boston, MA: McGraw-Hill.…

    • 738 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Mgt Wk 2 Indy Paper

    • 795 Words
    • 4 Pages

    Hill, C. W. L. (2009). International Business: Competing in the Global Marketplace (7th ed.). Boston: McGraw-Hill…

    • 795 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Strategic management

    • 2106 Words
    • 8 Pages

    In contemporary business world, Strategy plays an important role in every sector. A good strategy gives the company…

    • 2106 Words
    • 8 Pages
    Best Essays
  • Good Essays

    Microsofts domination of the Chinese software industry and failure to adapt their strategy to the chinese culture. Due to this, Microsoft experienced patent, piracy, and several political challenges with the chinese government and local firms. China's respect for intellecual property rights is underdeveloped and the chinese governemtn has not taken sufficient steps to defend ipr.…

    • 671 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Marketing in the Global Firm

    • 3127 Words
    • 13 Pages

    17. Marke4ng in the global firm Dr. Holger Siemons 17. Marke4ng in the global firm  IKEA case study on global marke4ng  Global marke4ng strategy  Targe4ng customer segments and posi4oning  Standardiza4on and adapta4on  Global branding …

    • 3127 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    These days, most businesses are set in a global environment, and the various corporations do not just regard their primary market locations or bases, they also have to take the rest of the world into consideration. Thus, many more corporations are going into multi-national business, scattered all over numerous parts of the globe. Usually the major source of concern for multinational companies and their managers is how to maintain high quality, in an ever-changing global economy…

    • 2594 Words
    • 11 Pages
    Good Essays
  • Good Essays

    International Management

    • 9579 Words
    • 39 Pages

    Evaluate the selection of negotiators from Canada Timber. Were any mistakes made in the selection?…

    • 9579 Words
    • 39 Pages
    Good Essays
  • Good Essays

    International Management

    • 1190 Words
    • 5 Pages

    In 2006, a Germany company, Siemens was caught in a scandal for bribing employees with other companies to get contracts. Some of the executive board members and employees have been charged and the company fined for 30 million euro. This scandal shocked many people and started to look the issues of bribery amount business.…

    • 1190 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    “If both the local and foreign firms adopt a competitive (aggressive) approach by developing and implementing offensive strategies in order to “win” the competition in a (host) market, they will be more likely forced to enter into a never-ending competitive-circle. A competitive circle increases the level of competition for both foreign and local firms, therefore increasing the costs of doing business for both foreign and local firms (i.e. both LOF and LOL will increase)”.…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    international management

    • 7033 Words
    • 25 Pages

    The hotel manager should not acquire furniture from the furniture dealer even though he was a friend of his brother. Looking at the economic perspective, the manager might want to acquire the furniture from the dealer with the cost saving purpose as he was given a discount for the furniture. However, the manager should accomplish his duties legally while complied with his own ethical principles.…

    • 7033 Words
    • 25 Pages
    Good Essays
  • Good Essays

    Global marketing in firm

    • 1580 Words
    • 8 Pages

    In the case of high degree of industry globalism, there are many interdependencies between markets, customers and suppliers, and the industry is dominated by a few large powerful players (global).…

    • 1580 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    This report has been mainly commissioned for Endless Wave to recommend a business plan and entry strategy for the South African Market. Firstly, we examine the various industries under which the company operates and the growing market for apparel in the surfing sub- culture. It analyses the clothing, accessories and leather goods market in South Africa to understand the market potentiality for the business. We will then be observing industry leaders such as Quicksilver, Roxy, Billabong, and Rip Curl to evaluate the current conditions of the market and level of competition.…

    • 5474 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    The field of strategic management has a normative (what firms should do) and descriptive (what firms actually do) part. The literature on strategic management may be further divided into contributions that focus on the process and the content of strategic management, although the content is hard to divide into normative and descriptive.…

    • 10264 Words
    • 42 Pages
    Powerful Essays
  • Satisfactory Essays

    4.0 Research objectives………………………………………..….... 4 5.0 Strategy to SEMCO (Descriptive)……………………………….4 6.0 Critical analysis of prescriptive and descriptive strategy…….….5 7.0 Strategic management process of SEMCO……………………....6…

    • 5272 Words
    • 22 Pages
    Satisfactory Essays
  • Better Essays

    1. Does the country market that you recommended for Eco Store Company match the objectives for the organisation and what is the competitive advantage of choosing that market?…

    • 4900 Words
    • 15 Pages
    Better Essays

Related Topics