Mastering glocalization is no easy feat, but it is necessary for business leaders looking to expand and sustain their enterprises. The term glocalization describes a product or service that is developed and distributed globally but adapted to cater to consumers in local markets – something that our team at PQE Group is well-versed in.
As societies continue to evolve and require more diverse needs, companies that want to keep up with trends and stay relevant in their sector must integrate local and global processes across their business to meet modern demands. While “glocalized” products are often of much greater interest to the end user and offer an improved segue for institutions to establish their brand in new communities, products alone won’t keep a business in the black. Leaders must understand the values of different cultures and concepts, such as individualistic versus collective cultures, to truly cater to customers’ needs.
Successfully going glocal means recognizing how countries respond to myriad social constructs, business strategies, and lifestyles. For example, while individualistic cultures focus on the needs of the individual over the needs of the group as a whole, collectivist cultures emphasize the needs and goals of the group. Depending on where your enterprise is located, or across several regions, it is imperative to cater to and respect the cultural needs of the communities where you operate.
If working in an area that promotes individualist cultures, keep in mind that people will stress independence, while collectivist cultures emphasize the common good. To attract residents to your company, leaders must evaluate, adapt, and cater functions to meet people where they are. One of the main reasons PQE Group is able to expand across continents successfully is because of our team’s ability to navigate differences and provide the best possible solutions and support from each international office.
Business leaders must form their mission to understand and respect the nuances of various cultures to grow deep roots and foster genuine and long-lasting connections. Fostering an environment that promotes diversity and inclusion is one of the most critical elements to success in today’s society. Therefore, composing a team of open-minded and diverse individuals who are passionate about others and bettering communities is the deciding factor between failure and unprecedented transformation.
Growing into different lifestyles and cultures helps cultivate a more connective and transformational world, and the success of any organization is tied to the well-being of the community and the environment in which they belong and operate. Appreciating and understanding different cultures is a unique form of freedom that can hand you the keys to making a positive change in the world.
From the time I started PQE Group in 1998, I have had a passion for people and the rich culture and perspectives they provide. I built these morals into the foundation of the company, and I am so proud to finally see that the power of respect, diversity, and glocalization are becoming recognized for their priceless value worldwide.