European Airline Industry: Ryanair in 2003

This case takes the reader through a step-by-step evaluation of Ryanair in a highly competitive, high-pressure industry and examines future strategy options for the company and its competitors. How big can Ryanair become with its current strategy, and what strategy will they need to go beyond that? What is the growth potential in its niche and beyond? Is it now time to think about ‘the … [ Read more ]

Welcome to Tesco, Your “Glocal” Superstore

How the U.K. retailer won over the world, one market at a time.

Against the Dead Hand: The Uncertain Struggle for Global Capitalism

“There are few higher callings than exposing the antiglobalization movement for what it really is: an enemy not just of clear thinking but also of economic progress. Brink Lindsey rises to this task manfully. In this eloquently written and powerfully argued book, he shows that, far from being complete, the current wave of globalization has just begun. And to charges that globalization is responsible for … [ Read more ]

The Market Next Door

Market entry decisions are among the most important strategic choices companies make. Entering any market requires a major commitment of financial and managerial resources, but foreign markets can be especially demanding. Most of the research on the internationalization process focuses on two factors as the primary determinants of foreign market entry: cultural similarity and economic attractiveness.

Intuitively, it makes sense that the knowledge of the … [ Read more ]

The Metanational Advantage

It’s up to CIOs to drive IT beyond national borders.

Editor’s Note: though ostensibly an article about international management, in fact the bulk of this article addresses knowledge management in the context of a global business environment. It offers a good model of 4 components of knowledge.

Dangdang.com is China’s Amazon.com

Dangdang.com claims 800,000 unique visitors and takes up to 4,000 orders a day, more than half these days for DVDs and CDs. The firm’s founder monitors Amazon for new ideas, which she then pinches–and encourages her employees to order from the American firm’s site to get hints for customising her own.

Editor’s Note: this is a topical article without long-lasting business take-aways, but the inside … [ Read more ]

Micro lessons for Argentina

In Latin America, macroeconomic reform isn’t enough: sustained growth can be achieved only by removing microeconomic barriers to productivity as well.

Editor’s Note: a very interesting application of economic analysis that will be of interest to those interested in international business, country competitiveness, and/or economics.

Also check out “Don’t Cry For Argentina” at:
Content: Article | Authors: Eduardo Urdapilleta, Heinz-Peter Elstrodt, Pablo Ordorica Lenero | Source: McKinsey Quarterly | Subjects: Economics, International – Americas

Does the ‘European’ management model really have a future?

For the more chauvinistic European executive the very question could be impertinent. For the unthinking global imperialist it can be equally dismissed. As far as most of us are concerned this question presents an important challenge at the end of a decade which has seen growing support for the gospel of shareholder value, ever closer European integration, and the rise and rise of an Internet … [ Read more ]

A wholesale shift in European groceries

European grocers could satisfy their appetite for growth-if they knew where to look.

Contingent Capitalism: Planning and Decision Making in Emerging Markets

Emerging markets offer huge opportunities – for success and failure alike. Arthur D. Little takes a closer look at the underlying forces. One of the main results: companies that want to succeed must be prepared to change their strategies quickly. But, how can they do it?

The Dilemma Doctors

Dr. Trompenaars, a 48-year-old Amsterdam-based consultant of French and Dutch descent, and Dr. Hampden-Turner, a 65-year-old British writer with a long history of social science research in America, are the two most prominent figures focusing on cultural diversity in business today. Their “dilemma theory,” as they call it, argues that we can never grow to become great business leaders until we actively strive to embrace … [ Read more ]

George Soros on Globalization

Financial mastermind Soros (The Alchemy of Finance, etc.) has made his mark as a philanthropist with a progressive foreign policy, fostering open societies. He equates globalization with “the free movement of capital and the increasing domination of national economies by global financial markets and multinational corporations.” In this treatise, he explains how his vision to “make global capitalism more stable and equitable” acknowledges that antiglobalization … [ Read more ]

The World Competitiveness Yearbook (WCY)

The World Competitiveness Yearbook (WCY) is the world’s most renowned and comprehensive annual report on the competitiveness of nations, ranking and analyzing how a nation’s environment sustains the competitiveness of enterprises.

Published annually since 1989, the IMD yearbook examines the relationship between a country’s national environment and the wealth-creation process, ranking “the ability of nations to provide an environment that sustains the competitiveness of enterprises.”

The … [ Read more ]