A Modern Typology of MNEs
Oct/07/07/20:51 Filed in: MNEs
Given
the limitations of each of the structures in terms of global
competitiveness, most MNEs have re-evaluated their corporate and
competitive strategies and re--structured in order to
simultaneously become more globally integrated and locally
responsive. As MNEs attempt to optimize their global
integration/local responsiveness trade--off (i.e. adopting a more
"glocal" strategy) there is a certain degree of convergence, and
the old traditional organizational forms are too "pure" in nature
to accurate model most modern MNEs. The inability of the
traditional (pure) models of multidomestic and global models to
accurately describe modern MNEs has led to the new models of modern
multidomestic, modern global, and transnational. These models can
be briefly summarized as follows: