From the case study, Haier is the one of the world's largest manufacturer of home appliances. Its development from small Chinese producer to global player has been nothing short of amazing. The company achieved this through brand building, product diversification and globalization. The "three third" strategies entrails Haier to undertaken significant strategic transformantion to position itself as a legitimate global player in the appliances industry. This translated to recognizing operations and entering mainstream markets. However, this has also yielded slower profit margin growth and lower returns to equity.
Nevertheless, the pursuing the three thirds objective would bring considerable tangible benefits in the form of their world class manufacturing practices, diverse product portfolio, and expanded global market reach. Though it is extremely risky, Haier has to tread this path in pursuit of being a true global player. Given the increasingly competitive Chinese landscape, this is logical venture by a large global player to capitalize on the cost-advantages, talent pool and consumer market that the rest of the world offers.