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Impact of Globalisation on New Product Development of H&M

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Added on  2023/02/02

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This presentation explores the impact of globalisation on the new product development of H&M. It includes a questionnaire, findings, and discussions on the challenges and opportunities brought by globalisation.

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Managing a Successful
Business Project

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INTRODUCTION
Data Collection the process of collecting information from all relevant sources
in order to find answer to the research problems, test hypothesis as well as to
measure the results.
Research has prepared questionnaire to determine the impact of globalization
on new product development of H&M by using descriptive research.
Researcher has used to analysis the data by qualitative methods in which
thematic analysis has been done.
Researcher has prepared tables, charts and graphs and interpret the data in a
very systematic and logical way
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Aims and Objectives
Aim:
To determine the impact of globalisation on new product development of company. A
case study on H&M”.
Objectives:
To determine the concept of globalisation.
To determine the factors of globalisation that affect H&M in the development of new
product.
To analyse the challenges faced by H&M after globalisation in the new product
development of the company.
To provide recommendation on successful launching of new product in the market.
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QUESTIONNAIRE
Name of Organisation: H&M
Name of Respondents: _____________
Gender: ______________
Age: ________________
1. How long you are working in H&M?
1 to 5 years
5 to 10 years
10 to 15 years
15 years and above
2. Do you know the actual and detailed concept of globalisation?
Yes
No
Not Sure
3.Do you think technological advancement after globalisation brings productivity in the operations of your company?
Strongly Agree
Agree
Strongly Disagree
Disagree
Neutral
4. Do you think that New Product Development bring success to H&M?
Strongly Agree
Agree
Strongly Disagree
Disagree
Neutral

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5.According to you globalisation gives rise to many opportunities to the businesses to expand and increase sales and profitability?
Yes
No
Not Sure
6.In your opinion, what are the advantages that helps your company in the launching of new product development?
Easy access to technology
Easy mobility of goods and services
Free movement of labours
All the above.
7. What are the challenges faced by your company in the new product development?
Leads to cut-throat competition
Alien Culture
Dynamic business environment
Ever Changing customer needs
8. Do you think customer awareness and reactions have been enhanced with increasing trade across the world?
Yes
No
Not Sure
9. What are recommendation you provide for successful launching of new product in the market?
______________________________________
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Finding and Discussion
Theme 1: Maximum managers are working for more than 5 to 10 years.
Theme 2: Maximum manager know the actual and detailed concept of globalisation.
Theme 3: Technological advancement after globalisation brings productivity in the operations of
H&M.
Theme 4: New Product Development bring success to H&M.
Theme 5: Globalisation gives rise to many opportunities to the businesses to expand and increase
sales and profitability
Theme 6: Easy access to technology is the advantage that helps your company in the launching of
new product development.
Theme 7: Challenges faced by your company in the new product development.
Theme 8: Customer awareness and reactions have been enhanced with increasing trade across the
world.
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Theme 1: Maximum managers are working for more than 5
to 10 years.
Particulars Participants
1 to 5 years 5
5 to 10 years 8
10 to 15 years 3
15 years and above 4 1 to 5 years
5 to 10 years
10 to 15 years
15 years and above
0
1
2
3
4
5
6
7
8
Participants
1 to 5 years
5 to 10 years
10 to 15 years
15 years and above
0
1
2
3
4
5
6
7
8
Participants

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Theme 2: Maximum manager know the actual and detailed concept of
globalisation.
Particulars Participants
Yes 12
No 6
Not Sure 2
Yes
No
Not Sure
0 2 4 6 8 10 12
Participants
Yes
No
Not Sure
0 2 4 6 8 10 12
Participants
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Theme 3: Technological advancement after globalisation
brings productivity in the operations of H&M.
Particulars Participants
Strongly Agree 7
Agree 3
Strongly Disagree 5
Disagree 4
Neutral 2 Strongly Agree Agree Strongly Disagree Disagree Neutral
0
1
2
3
4
5
6
7
Participants
Strongly Agree Agree Strongly Disagree Disagree Neutral
0
1
2
3
4
5
6
7
Participants
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Theme 4: New Product Development bring success to
H&M.
Particulars Participants
Strongly Agree 9
Agree 2
Strongly Disagree 5
Disagree 3
Neutral 0
Strongly Agree
Agree
Strongly Disagree
Disagree
Neutral
0
1
2
3
4
5
6
7
8
9
Participants
Strongly Agree
Agree
Strongly Disagree
Disagree
Neutral
0
1
2
3
4
5
6
7
8
9
Participants

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Theme 5: Globalisation gives rise to many opportunities to the
businesses to expand and increase sales and profitability.
Particulars Participants
Yes 13
No 5
Not Sure 2
Yes
No
Not Sure
0 2 4 6 8 10 12 14
Participants
Yes
No
Not Sure
0 2 4 6 8 10 12 14
Participants
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Theme 6: Easy access to technology is the advantage that helps
your company in the launching of new product development.
Particulars Participants
Easy access to technology 7
Easy mobility of goods and services 6
Free movement of labours 4
All the above. 3
Easy access to techno-
logy
Easy mobility of goods
and services
Free movement of
labours
All the above.
Easy access to techno-
logy
Easy mobility of goods
and services
Free movement of
labours
All the above.
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Theme 7: Challenges faced by your company in the
new product development.
Particulars Participants
Leads to cut-throat competition 7
Alien Culture 4
Dynamic business environment 3
Ever Changing customer needs 5
Leads to cut-throat competi-
tion
Alien Culture
Dynamic business envir-
onment
Ever Changing customer
needs
Leads to cut-throat competi-
tion
Alien Culture
Dynamic business envir-
onment
Ever Changing customer
needs

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Theme 8: Customer awareness and reactions have been
enhanced with increasing trawde across the world.
Particulars Participants
Yes 12
No 5
Not Sure 3
Yes No Not Sure
0
2
4
6
8
10
12
Participants
Yes No Not Sure
0
2
4
6
8
10
12
Participants
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CONCLUSION
The above research study comes to the conclusion that the impact of
globalisation on the businesses is positive.
There are great opportunities for the organisations to launch new product and
achieved success in the market by taking advantages of globalisation.
Further, it was also concluded that, with the increasing trade across the
boarder, it brings productivity in the operations and functions of businesses
that automatically brings positive impact on the growth of economy
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