International Expansion: Five Strategies for Success

Despite its strategic importance, international expansion causes many companies to stumble. They often trip up because of haste, misjudged acquisitions or cultural misunderstandings. In the third edition of the Anselmo Rubiralta Center’s “Notes on Globalization and Strategy,” Harry G. Barkema, Professor of Strategy and International Business at the University of Tilburg (Netherlands), presents “Five Successful Strategies” to help companies avoid pitfalls and reinforce their expansion … [ Read more ]

Cross-Cultural Dialogues: 74 Brief Encounters With Cultural Difference

How much culture lurks in common conversation? According to Craig Storti, so much that many of our most common, seemingly innocent exchanges (in social settings, on the job, in the world of business) are cultural minefields waiting to explode. These explosions (cultural misunderstandings) can cause confusion, irritation, even alienation. At the workplace and in the world of business, these explosions undermine communication, threaten important relationships, … [ Read more ]

The Hypomanic American

In this manifesto, clinical psychologist John Gartner hypothesizes that “American entrepreneurs are largely hypomanic.” Where mania is a severe illness, hypomania is not, in and of itself, an illness. It is a temperament characterized by an elevated mood state. And it is largely responsible for entrepreneurial success.

Editor’s Note: this is really an interesting article, and not just for those interested in psychology or entrepreneurship. … [ Read more ]

Why Do Some International Markets Quickly Embrace New Products While Others Don’t?

In new research, Stefan Stremersch and a colleague explore the pattern of product growth after the takeoff point to determine if growth differs across countries, whether such differences can be explained by culture or economics and the implications of these results on new product strategy. The paper entitled, “Understanding and Managing International Growth of New Products,” was recently published in the International Journal of Research … [ Read more ]

Trading Technology: Multinationals Lead the Way

The global spread of technology can improve nations’ productivity and growth. Oftentimes, multinational companies are the ones that trade or carry technology across borders. To better understand this phenomenon, Pedro Mendi has studied how Spanish multinationals transfer technology to their subsidiaries. His paper, “Contracting for the Transfer of Technology Within Multinational Corporations: Empirical Evidence From Spain,” sheds light on important considerations such as contracts, methods … [ Read more ]

Adrian Slywotzky, Peter Baumgartner, Larry Alberts, and Hanna Moukanas

Globalization will tend to make strong business designs stronger (through global sourcing, selling, and science). It will make weak business designs weaker (through more competition, reduced differentiation, and a greater disconnect from customers). And it will create more no-profit zones for companies and even entire industries.

Below the Radar: Underground Markets for the Poor

For billions around the world, shadowy underground markets provide food, services, and income that makes daily life possible. Helping countries grow out of poverty requires changing the rules of the game to shift these markets above ground.

Faked in China

The world’s biggest factory is also a fake goods hotbed. Here are 13 ways to protect your company. The second in a CSO series on counterfeiting.

Risk and Return in Emerging Markets: Family Matters

In order to evaluate projects, value firms, optimize capital structures and implement investment strategies, companies and investors need to know the risk variables that ultimately determine expected returns. While in developed markets there is at least a “model to beat,” the CAPM, in emerging markets there is no standard, widely accepted way of estimating required returns on equity. In this article, the authors perform a … [ Read more ]

BCG-K@W Report: Overcoming the Challenges in China Operations

Multinational corporations increasingly see China as a vital part of their global operational network, but opportunities for discussing the challenges this poses are few. In this special report, experts at the Boston Consulting Group and Wharton weigh in on such issues as developing management talent, R&D operations, sourcing of high-tech and traditional goods, and logistics. In addition, the CEO of TCL, one of China’s largest … [ Read more ]

Checking India’s Vital Signs

This series of interactive exhibits depicts the shape-and scope-of India’s remarkable economic transition and its effects on consumers and businesses and then examines some of the challenges facing the country.

Negotiating with the Complex, Imaginative Indian

The purpose of the article is to outline the way in which Indians negotiate and the difficulties that such a style may pose for North Americans. We also explore the possible strategies that the North American manager may employ in his or her interactions with the Indians. We begin by outlining some of the dominant Indian cultural values, and subsequently assess their impact on the … [ Read more ]

How to Find the Perfect Location for Your China Manufacturing Operation

This article takes you through a thought process which helps you narrow down your choices from thousands of possible sites in China to the one that will bring you success in the market place. It presents both the quantitative and qualitative food for thoughts and is designed to help in your decision making in doing business in China.

Check Your Mindset at the Border

In this article, the authors discuss why the West still doesn’t “get” China. They begin by discussing how multinational companies tend to manage China from the outside (Hong Kong and Singapore are close but not close enough). They also point out that the Chinese locals are becoming increasingly capable players and, therefore, more competitive.

Less visible reasons why companies languish in China are equally important. Most … [ Read more ]

Mapping the Global Capital Markets

In-depth analysis of the financial assets of more than 100 countries shows that financial markets are becoming deeper, more liquid, and increasingly integrated.

How to succeed in the New China

Local companies are now the key competitors to beat in carving out a share of China’s rapidly growing market. For foreign multinationals, it’s time to try out some new strategies, because the old ones are running out of steam.