Commercial readiness is not a checklist, but a series of steps that must be in place before a company considers its first overseas office, regulatory filing, or commercial agreement. To effectively scale internationally, organisations must assess their commercialisation readiness and build internal capability across key domains. This is where structured talent planning becomes essential.
These signals are:
1. Validated product-market fit
The product must have solved a real, recognised problem in its home market. Local regulatory approval, early clinician adoption, and payer feedback are critical indicators. Without domestic traction, assessing the global audience is just speculation.
At the same time, companies need to conduct strategic talent planning before planning global growth. For more information see the ‘Strategic Talent Planning for Global Growth’ section of this checklist.
2. Regulatory & reimbursement intelligence
Having a mapped and tested strategy for US FDA approval, EU MDR compliance, or regional market access should be the foundations of any strategy, not an afterthought. Engaging with international advisers early on is essential.
Also essential is having leaders who understand regulatory landscapes and reimbursement mechanisms.
3. Scalable infrastructure
Before going global, a business must be able to support scale—logistically, operationally, and legally. This includes supply chains, distribution agreements, data compliance, and after-sales service models fit for each jurisdiction.
As part of this, organisations must build scalable leadership ecosystems, including leaders who can drive cross-border decision-making and data-driven insight.
4. Capital strategy & financial maturity
It’s important for a business to have the funding to sustain expansion without compromising core business health. Global commercialisation is capital intensive, and ROI is often delayed, so a financial runway gives a scaling business the space to adapt, iterate, and grow.
The organisation must also have leaders who are equipped to handle financial volatility and market shifts, and be able to build organisational resilience.
5. Market Pull
If overseas investors, clinicians, or partners are reaching out, then this is a leading indicator that the innovation has translatable value and is resonating beyond borders.
This is also key for talent acquisition and retention, especially for attracting international talent who understand global market demands.