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Article: Partnering for performance. (Northern Telecom Inc.'s finance function)(includes related article) (Management Strategy)
- Article from:
- Financial Executive
- Article date:
- September 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 Financial Executives Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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How does a company's finance function thrive in an international economy? Northern Telecom has a plan, and it's rooted in two areas: partnering and people.
At Northern Telecom, we realize it's hard for a company to survive today relying only on the domestic market. To say competitive, you have to look to global markets. But exporting alone doesn't make a firm global; you need to operate globally. You have to understand the unique requirements for your products in foreign countries, and you typically need worldwide research and development, global manufacturing facilities, and local alliances.
How can the finance function help? Finance needs to be ...