This report helps executives evaluate strategic investment and entry alternatives in Cote d'Ivoire. In order to evaluate Cote d'Ivoire, Icon Group International, Inc. draws on a methodology developed by Professor Philip Parker at INSEAD in Fontainebleau, France. The methodology decomposes a country's strategic potential along two key dimensions: (1) latent demand, and (2) accessibility. A country may have very high latent demand, yet have low accessibility, making it a less attractive market than many smaller potential countries having higher levels of accessibility.
This report provides a strategic profile of Cote d'Ivoire along these lines. Throughout the discussion, literally hundreds of statistics on Cote d'Ivoire are benchmarked against regional and global averages. The reader can thus quickly understand where Cote d'Ivoire fits into the regional and global perspective. The report first investigates the economic fundamentals affecting Cote d'Ivoire. These fundamentals are the source for Cote d'Ivoire's latent demand. Then, the subsequent chapters detail Cote d'Ivoire's accessibility. This evaluation covers a number of entry alternatives, including export strategies, and local direct investment strategies. If a firm decides to have a local presence in Cote d'Ivoire, this requires a strategic understanding of local business conditions. The conditions investigated in this report include local marketing (advertising, distribution, pricing issues) and entry strategies (opening an office, joint venturing, etc.), as well as human resources management (labor laws, costs, regulations). Because local presence can increase exposure, the report next assesses a number of factors affecting business risks in Cote d'Ivoire (again, benchmarked against regional and global averages). These include: political risks, legal risks, cultural/demographic risks. Risks can only be evaluated within a historical context; history, alas, often repeats itself. The final chapters summarize Cote d'Ivoire's economic, political and social history. In doing so, the reader has a full appreciation of history's role in shaping Cote d'Ivoire's current potential.
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