Thursday, October 18, 2012

Global Expansion Doesn't Happen Overnight

According to Doug Wignall at Design Intelligence, "Global expansion doesn't happen overnight."

Below he provides ten things to consider when building a global architecture practice.  Consider these lessons learned in a journey to build a sustainable global practice.  The first being "global expansion doesn't happen overnight."
If properly managed, global expansion can contribute astounding growth to an architecture practice. But it also requires a completely different mindset and a whole new set of rules than the one needed to do business on your home turf. It comes with many risks and challenges, from how to develop strong global resources, cultural understanding, and local knowledge to the practical specifics concerning regional and country issues such as the organization of the construction industry, liabilities, contracts, collections, and collaborations with local consultants.
Read the other nine things here

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