How China Will Change Your Business

Fourteen things every entrepreneur should know about the capitalist explosion heading our way. But don’t assume that conceding China’s rise means conceding to China.

The Skeptical Environmentalist: Measuring the Real State of the World

Bjørn Lomborg, a former member of Greenpeace, challenges widely held beliefs that the world environmental situation is getting worse and worse in his new book, The Skeptical Environmentalist. Using statistical information from internationally recognized research institutes, Lomborg systematically examines a range of major environmental issues that feature prominently in headline news around the world, including pollution, biodiversity, fear of chemicals, and the greenhouse effect, and … [ Read more ]

Asian and American Leadership Styles: How Are They Unique?

Business leadership is at the core of Asian economic development, says HBS professor D. Quinn Mills. As he explained recently in Kuala Lumpur, the American and Asian leadership styles, while very different, also share important similarities.

The China Syndrome

A five-dimension analytical model for deciding when (and when not) to purchase from the East.

How Japanese Multinationals Work So Well

The business system of the Japanese multinational comprises five interlocking parts. This article discusses these five characteristics and their respective contributions to the success of Japanese multinational companies.

Editor’s Note: this was written in 1991, before the Japanese bubble burst. Still, I find it a brief but interesting look at the Japanese business system.

Don’t blame trade for US job losses

A new look at US trade and employment data shows why it’s wrong to believe that foreign competition accounts for weak job growth since 2000.

Editor’s Note: a topical article, but the economic analysis provided is interesting and of value for other countries and times…

Watch Out, Coke and Pepsi – Here Comes Wahaha

Wahaha, whose main products are milk drinks, bottled water and mixed congee, is the number one beverage company in China, with revenues of 11.4 billion yuan ($1.37 billion) and profits of 1.35 billion yuan ($162.7 million) in 2004. The company was started in 1987 by Zong Qinghou, its 60-year-old chairman and CEO. In an interview with Wharton marketing professor John Zhang, Zong talks about his … [ Read more ]

Innovation Blowback: Disruptive Management Practices from Asia

Western companies think too narrowly about the emerging world. If they aren’t careful, they may end up as defenders, not attackers.

The China Riddle

To survive, smaller U.S. manufacturers will have to export. Therein lies a dilemma.

China: Turning Your Toehold into a Forward March

Many multinationals have struggled to make headway in China. The problem isn’t a Chinese aversion to foreign brands. Nor is it the brands’ starting point. Rather, it’s their approach to broadening market share. A handful of multinationals point to a better way.

Managing the key cultural dimensions of control and risk

Understanding international differences in perceptions of management control is important to the management of risk within multinational companies (MNCs). The effectiveness of the control of risks is a matter of opinion – at least until control has been shown to have failed. Different perceptions of what constitutes risk, and of how risks can be managed, lead to differences of opinion about the effectiveness of control. … [ Read more ]

The Philosopher of Progress and Prosperity

Peruvian economist Hernando de Soto has found a way to enrich the poor.

Global Trade and Conflicting National Interests

A lucid text adapting classical trade models to the modern world economy, showing the new and significant conflicts arising from international trade in the modern economy. Describes how and why one country’s productive capabilities comes only at the expense of another country’s general welfare, giving each a competitive stake in the strength of its industries. DLC: Free trade.

How to Fix China’s Banking System

Old bad debt hasn’t been fully resolved. New bad debt is piling up. Yet the problems can be cleared up without a systemic crisis.

The Changing Face of China: China as an Offshore Destination For IT and Business Process Outsourcing

Long the world’s factory, China is now becoming an attractive offshore location for IT offshoring (ITO) and business process offshoring (BPO). These markets are expected to grow as the Chinese government continues to entice foreign multinationals. Similarly, Chinese-based ITO and BPO providers are working to improve their capabilities to capture business from multinationals in the United States and Europe.

This paper highlights findings in
A.T. Kearney’s … [ Read more ]

The role of the subsidiary in harnessing global knowledge

New research indicates that large international companies are moving beyond centralisation to tap the creativity and brainpower of their foreign subsidiaries. The impact is proving positive for both the centre and the periphery.