Ya-Who? A Modern Ethical Dilemma

Consider the ethical debate of cyber responsibility – who carries the weight in an unaccountable environment? A French court asked the question in 2000, when Nazi memorabilia was being auctioned on Yahoo!’s Internet site. Professor Marc Le Menstrel, Mark Hunter and Professor Henri-Claude de Bettignies delineate the legal, technical, philosophical, and managerial perspectives as they examine how firms handle the sometimes difficult social consequences of … [ Read more ]

Why Being Multinational Is No Longer Enough

Multinationals that try to force existing operations into foreign markets are in deep trouble, according to From Global to Metanational: How Companies Win in the Knowledge Economy. Instead, businesses must leverage knowledge from around the world to become “metanational.” Plus: Author Q&A.

Editor’s Note: I had some issues with this article (e.g. it tells what to do without telling how to do it and it … [ Read more ]

The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation

This book addresses the generation-old question of why the Japanese are so successful in business. The authors, professors of management at Hitosubashi University, contend that Japanese firms are successful because they are innovative, that is, because they create new knowledge and use it to produce successful products and technologies. They identify two types of organizational knowledge: explicit knowledge, contained in procedures and manuals, and tacit … [ Read more ]

What’s Next for India: Leading Change in an Age of Uncertainty

Can the world’s largest democracy hold on to its competitive advantage in information technology while meeting the basic needs of its population? That was the major question before participants of the sixth annual Wharton India Economic Forum, which formed part of the Wharton 2001 Global Business Forum. In contrast to past years, this year’s discussions seemed to be firmly grounded in bottom-line reality.

Latin America’s Tendency to “Tolerate Inadequacy” Hinders Reform

When Enrique V. Iglesias looks at the present state of Latin American nations, he sees a glass that is “forever half full and half empty.” The president of the Inter-American Development Bank told an audience at the 2001 Global Business Forum that, despite progress in lowering inflation, increasing trade and introducing democratic governments, too many inefficiencies still remain in too many sectors of the economy. … [ Read more ]

How To Do Business in Islamic Countries

What’s it like doing business in Islamic countries today? HarvardBusiness School professor Samuel L. Hayes III and Harvard Law Schoolprofessor Frank E. Vogel recently gave students the real deal.

The Keiretsu System: Cracking or Crumbling? (.pdf)

This excellent piece looks at Japan’s Keiretsu system – definitions, history, purposes, structure and future. If you don’t know much about the Keiretsu system, this is the article to read.

The Panic Spreads

You can no longer safely shrug off Japan’s economic crisis. It just might drag the world into a depression.

Lowering the Bar

“With the U.S. economy’s spectacular performance over the last decade, why bother with the political instability, the double-digit inflation, and the local currencies [of foreign markets] that can implode overnight? One reason: ‘That’s where the growth is,’ says Robert Gluck, vice president and treasurer of Bestfoods . . . Few U.S. companies, however, are chasing that growth. While strategic planners are willing to make large, … [ Read more ]

Managing Across Borders: The Transnational Solution

The second edition of Managing Across Borders: The Transnational Solution, by Christopher A. Bartlett of the Harvard Business School and Sumantra Ghoshal of the London Business School, is a dynamic update of the authors’ pioneering research into management on a global stage. Even more timely now than when it was originally conceived over a decade ago, the book–which was previously published in nine languages and … [ Read more ]