Subject category:
Marketing
Published by:
International Institute for Management Development (IMD)
Version: 31.05.2021
Revision date: 28-Jul-2021
Length: 3 pages
Data source: Field research
Abstract
This is part of a case series. As Stefan Brosick, Director of Global Product Strategy wondered whether Doosan would benefit from an immediate re-branding, or if other branding strategies might be more effective, regional issues began to emerge. The challenge of selecting the optimal strategy (keep the IR brand, co-brand, extended retention, immediate re-brand) was compounded by international product and channel differences. These differences in turn affected key tactical branding decisions. Resolving these differences would impact not only which of the four brand transformation strategies to pursue but also whether they should be implemented globally or customized regionally.
Time period
The events covered by this case took place in 2008.Geographical setting
Region:
World/global
Country:
South Korea
Featured company
Doosan Group
Employees:
10000+
Turnover:
USD 19 billion sales
About
Abstract
This is part of a case series. As Stefan Brosick, Director of Global Product Strategy wondered whether Doosan would benefit from an immediate re-branding, or if other branding strategies might be more effective, regional issues began to emerge. The challenge of selecting the optimal strategy (keep the IR brand, co-brand, extended retention, immediate re-brand) was compounded by international product and channel differences. These differences in turn affected key tactical branding decisions. Resolving these differences would impact not only which of the four brand transformation strategies to pursue but also whether they should be implemented globally or customized regionally.
Settings
Time period
The events covered by this case took place in 2008.Geographical setting
Region:
World/global
Country:
South Korea
Featured company
Doosan Group
Employees:
10000+
Turnover:
USD 19 billion sales