Before you leap: key challenges in entering new markets
International expansion strategies: when is the right time to launch? As the global economy rebounds from a prolonged COVID-driven contraction, international growth has become a critical agenda item for many organisations. However, the path to international success is fraught with challenges. Data from the Boston Consulting Group (2023) reveals that 50% of businesses failed with their expansion efforts within three years. With such high stakes, businesses must carefully consider two key questions: When is the right time to expand, and how can the process be de-risked? The potential and pitfalls of entering new markets: International expansion offers READ MORE ›