Where to Locate: Selecting a Country for Offshore Business Processing

Last year, nearly half of all CIOs used offshore providers to avoid high labor costs in the United States and Europe, and two-thirds say they plan to send work overseas this year. Yet while offshore business processing is among today’s hottest topics, few CEOs have a basis for comparing host countries. A.T. Kearney has developed an evaluation tool that rates countries according to three factors: … [ Read more ]

Dan Danbom

Say what you will about how the United States is superior to Denmark, Finland, Austria, Norway, Sweden, France, Germany, Spain, Brazil, England, Switzerland, the Netherlands, Ireland, Belgium, Australia, New Zealand and Colombia, but those countries have us beat when it comes to how much vacation time they give employees. Even the stingiest of these countries – New Zealand and Colombia – give employees 50 percent … [ Read more ]

Navigating the Asian markets

The experience of doing business in Asia has been a sobering one for many MNCs – but companies can learn from the mistakes of others if they understand changing consumer behaviour and its strategic implications.

Ruben Vardanian at the Helm of Troika Dialog

Ruben Vardanian, CEO of Troika, is a “Golden Boy of Russian capitalism”. Unlike his fellow members of the Russian oligarchs’ club, Vardanian started from scratch and climbed upwards. This case, Ruben Vardanian at the Helm of Troika Dialog by Stanislav Shekshnia, Adjunct Professor of Entrepreneurship at INSEAD with Manfred Kets de Vries, Raoul de Vitry d’Avaucourt Professor of Human Resource Management at INSEAD scrutinizes Vardanian’s … [ Read more ]

Ranbaxy Laboratories Limited: At the Crossroads

As India edged nearer to full membership of the World Trade Organisation in 2005, Indian pharmaceutical companies faced new realities. For Ranbaxy Laboratories, a major player in the Indian generic drugs market, a successful adaptation to life in this new market was key to the company’s future. This case, Ranbaxy Laboratories Limited: At the Crossroads by Amitava Chattopadhyay and Swati Srivastava examines one company facing … [ Read more ]

Disclosure Practices of Foreign Companies Interacting with U.S. Markets

Khanna, Palepu, and Srinivasan examine the relatively new S&P Transparency and Disclosure scores for 466 firms from Asian-Pacific countries. Consistent with theory, they find that the more the interaction with US firms, the more transparent the firm’s disclosure practices. Specifically they find “a positive association between these disclosure scores and the following types of market interactions: business operations in the US, US listing, … [ Read more ]

Globalization: The Strategy of Differences

Should your global strategy optimize scale or exploit differences? HBS professor Pankaj Ghemawat suggests a mix-and-match strategy in this excerpt from Harvard Business Review.

USITC Interactive Tariff and Trade DataWeb

The USITC Trade DataWeb is a menu-driven wizard for creating queries about current or historical U.S. trade by country and product. The wizard allows searching by HTS (Harmonized Tariff Schedule), SIC Code, SITC Code, or NAIC Code. (If you are unsure of where to start, the USITC site has an end use description lookup page.)

Once you choose a product list, you can drill down to … [ Read more ]

Confidence in the Familiar: An International Perspective

Investors have long exhibited a “home country bias” whereby they hold more shares of firms from their own country than would seem warranted based off of typical diversification theory. This seeming anomaly has been partially explained in many ways (my favorite is Butler’s view that when markets fall, the correlation is actually greater than the long run correlation, hence overstating the value of diversification). … [ Read more ]

False Dawn: The Delusions of Global Capitalism

Back when Margaret Thatcher was prime minister of Great Britain, John Gray was an influential conservative thinker, whose writings helped influence the revitalization of the laissez-faire market in that country. Now, as free-market champions seek to make over the (mostly) postcommunist world in their own image, Gray has experienced a moment of apostasy. False Dawn argues that, far from bringing about economic paradise, global capitalism, … [ Read more ]

Perfect Treasury For an Imperfect World

Aspirations run into limitations, but multinational treasuries push forward in the race toward world-class status.

Negotiating in China

When U.S. and Chinese businesspeople sit at the negotiating table, frustration is often the result. This Harvard Business Review excerpt summarizes the historical and cultural disconnects.

Chile: A Beacon of Prosperity in a Turbulent Region

Even as many Latin American countries continue to face tough times both economically and politically, Chile chugs along with a strong currency, falling unemployment and a stock market that is up nearly 50% since the beginning of the year. What is behind’s Chile’s success, and can this country of 15 million people sustain its already numerous advantages?

Free Trade under Fire

The 1990s began with fears of a “great sucking sound” of jobs lost due to the North American Free Trade Agreement and ended with opponents of the World Trade Organization taking to the streets in the “Battle of Seattle.” Why has global trade become so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that … [ Read more ]

Mikhail Khodorkovsky and Yukos: Chelovek c rublyom (Man with a Ruble)

In October 2003, Mikhail Khodorkovsky, Russia’s richest man and the CEO of Yukos, the second-largest Russian oil producer with a market capitalization of US$26 billion, was arrested and thrown into jail on charges of fraud and tax evasion. Several days later he resigned as CEO of Yukos. This case study tells the story of the rise and (temporary?) fall of a young man whom some … [ Read more ]

Bombardier and Alstom: The Acela Express

The complex history of the relationship between the companies in the Acela Express railway installation is mined for key lessons for future marketing relationships with particular pertinence to relationships within international marketing projects.