GlocalizationKnowledge Center |
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Welcome to the Glocalization center of 12manage.
Here we exchange knowledge and experiences in the field of Glocalization.
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What is Glocalization?Glocalization in business is a hybrid combination strategy of globalization along with localization. It expresses the interaction and reconciliation of regional / local demands with general efficiency demands of creating products and services for a global market. The phenomenon was catalyzed by the arrival of new electronic communications technologies, in particular the Internet, that enables the efficient provision of localized products and services on a global basis. Sociologist Roland Robertson said that glocalization "means the simultaneity --- the co-presence --- of both universalizing and particularizing tendencies". He aptly described glocalization as "the tailoring and advertising of goods & services on a global or near global basis to increasingly differentiated local and particular markets".
Compare with: Globalization | Mass Customization | Cultural Dimensions | Bottom of the Pyramid | Competitive Environment | Macro-Environment | Economies of Scale | Emerging Markets | PEST Analysis | Diversity Management |
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