And the New Economy Winner Is…Europe

The European Union is emerging as a formidable competitor among world economies, thanks to an aptitude for cross-border management and an ease with cultural diversity.

Portals to the World

For the global executive (or domestic executive with a global business, for that matter) the Web is a great resource for finding country information. One of the strongest resources is the Library of Congress Web site’s “Portals to the World” section, which offers links to a wide range of information on dozens of countries, with topics including education, embassies, geography and environment, national security, and … [ Read more ]

Tapping into the Silicon clique

The case of Silicon Valley provides valuable lessons for multinationals trying to exploit regional networks.

Key messages:
– Multinational companies move to hubs like Silicon Valley to raise credibility back home, set up listening posts and look for fresh expertise, ideas and markets.
– Foreign subsidiaries can benefit as much as domestic firms by embedding themselves in the network.
– Gaining access … [ Read more ]

It’s a Small World After All?

In recent years, the economies of the United States and its largest trading partners have increasingly marched to their own drummers – even as trade and financial integration have increased. It may sound like a paradox, but it’s not.

Japan’s New Wave of M&A

The restructuring of Japan, Inc., provides great opportunities for acquisitive foreign companies, but also new challenges.

A point of light in Mumbai

By developing a low-cost distribution channel, an Indian nonprofit organization can deliver child education and nutrition programs for just a few dollars a child per year.

China: Enter the Dragon

As China continues to make progress towards a market economy, businesses around the world are ramping up their efforts to tap into the country’s huge marketplace of 1.3 billion consumers. Despite concerns over such issues as intellectual property protection, corruption, the banking system and overregulation, executives from a number of U.S. companies are pushing ahead to invest in the Chinese economy through alliances, joint ventures, … [ Read more ]

The Global Negotiator: Making, Managing and Mending Deals Around the World in the Twenty-First Century

Global business requires global negotiating skills, says Tufts’ professor Salacuse. This handbook offers advice covering the life of an international agreement: a process for deal-making and understanding of the common barriers; power tools for managing established contracts; and renegotiation and mediation skills to fix contracts gone wrong.

The World’s Factory: China Enters the 21st Century

Despite certain challenges, China will increase its share of the global export market – not just on the basis of low costs, but because it is becoming a world-class location in which to produce a wide range of goods.

A Standard for Relief

Relief organizations have a mission close to home: improving their own efficiency and accountability.

Business Ethics in a Global Marketplace

There are many points to consider when developing ethical standards for a global environment. Getting all our employees to accept appropriate ethical standards makes our companies stronger and we become better corporate citizens in the process.

Climate change for Europe’s utilities

Power producers should pay close attention to a European Commission proposal to curb greenhouse gas emissions. It could have paradoxical effects.

The Global Internet Economy

By 2002, all but a handful of countries were connected to the Internet. The intertwining of the Internet and the globalization of finance, corporate governance, and trade raises questions about national models of technology development and property rights. The sudden ability of hundreds of millions of users to gain access to a global communication infrastructure spurred the creation of new firms and economic opportunities. The … [ Read more ]

Theodore Levitt’s Globalization of Markets Is Still Powerful (if Wrong) Twenty Years Later

When it appeared in the pages of the Harvard Business Review in May 1983, HBS professor Theodore Levitt’s article “The Globalization of Markets” ignited a debate that still goes on twenty years later.

Levitt argued that technology such as television was a powerful force homogenizing the world’s needs and desires, and that smart global companies could sell standardized products using standardized marketing approaches around the world. … [ Read more ]