As globalization continues to play out over the next 30 years, geographic and regulatory barriers will fall, electronic distribution will start to parallel and even overtake physical distribution, installed capacity will become obsolete before it is depreciated, and focused competitors will attack like piranhas. Companies must restructure or die.
Editor’s Note: a bit topical in places (written in 1999) but still a good read
Content: Article | Authors: Jane Fraser, Lowell Bryan | Source: McKinsey Quarterly | Subjects: International, Management, Strategy
In Race for the World, consultants with McKinsey & Co. look at the vast changes in the world’s economy that are altering the way almost everyone does business. The authors believe that geographic barriers to business will virtually disappear over the next 30 years and that the implications for companies could be devastating–or incredibly rewarding. “Over time, the only class that matters will be world … [ Read more ]
Content: Book | Authors: Jane Fraser, Jeremy M. Oppenheim, Lowell Bryan, Wilhelm Rall | Subjects: Economics, International