Haier Taking a Chinese Company Global in 2011 Tarun Khanna Krishna G Palepu Phillip Andrews 2011

Haier Taking a Chinese Company Global in 2011 Tarun Khanna Krishna G Palepu Phillip Andrews 2011

SWOT Analysis

“In 2010, it seemed to be the year of the Chinese consumer. Companies like JD.com (the online retailer by Alibaba Group), Xiaomi (the smartphone maker), Meizu (the cell phone maker) all had a huge year, and in February this year, Haier became the first Chinese company to list on the NASDAQ”. Though that was true, the year 2011 has been anything but ‘chic’. read this As I said earlier, in December 20

Alternatives

The 2005-06 bull market in Chinese stocks, which I had helped initiate in my early 1990s research on the region, had turned out to be a major mistake for both our company, Fidelity International, and for the managers of Fidelity Chinese Equity who used that mistake as a bargaining chip to pressure the management of Fidelity International to change its investment strategy, and in a manner that could hardly be characterized as the right strategy. The 2006 stock market crash

Porters Model Analysis

“Today, Haier is a globally successful company that has made a name for itself by focusing on value added services to customers. The company has been known to produce high quality products at reasonable prices to meet the needs of global consumers. In 2011, the company entered the international markets through strategic partnerships and has consistently expanded its sales network and product offerings to cater to the growing demand for its products outside of China. I will now describe how Haier has successfully taken this global strategy to different markets in the 201

Marketing Plan

I remember my first Haier purchase. I was about 20 years old then and my friend and I had just landed in Beijing, China. Our hotel was located near the central business district of Beijing, and we rented a room at the same guest house I had stayed in when I visited my family in Changchun back home. I remember looking for some small items and noticing a Haier fridge at the house’s reception counter. I was skeptical since I was so used to drinking tap water in Europe and was afraid of

VRIO Analysis

Haier’s strategy of globalizing its products and services has enabled the company to grow globally in a short period. The Chinese multinational’s globalization strategy relies on a few key variables like branding, technology, marketing, and market access. In this case study report, we will explore how Haier is taking a Chinese company global and achieving sustainable competitive advantage. In the past decade, Chinese multinationals have grown as a result of government encouragement for their expansion into overseas markets. For

Problem Statement of the Case Study

This weekend, I met a colleague at a Starbucks coffee shop near my home, and he took me back to the 2001 memo written by Haier CEO, Dr. Xiang Chen, that I wrote about in the last case study. The memo, titled “Haier’s Globalization: A Strategy for Growth,” outlines the Chinese company’s globalization vision for 2011, a year in which Haier plans to open 300 new stores in emerging markets.

Case Study Solution

Section: Case Study Synopsis On June 5, 2011, Haier, a Chinese home appliances manufacturer, announced its plans to acquire TCL Corporation, a major Chinese TV manufacturer, and to consolidate its global brand positioning in three main categories: Home Appliances (fridges, refrigerators, washing machines, dryers, and vacuum cleaners); Refrigeration and Air Conditioning (refrigerators and air conditioners); and Laundry (clothes was