No right answer?

The turmoil in Argentina and the collapse of the ten-year link between the peso and the dollar has revived the debate about currency regimes for emerging-market economies. Was Argentina wrong to adopt the link in the first place, or wrong to try so hard and so fruitlessly to maintain it?

Chartered director programme: certainly not a soft option

There are several senior positions you can hold without any formal qualifications – senior manager, parent and prime minister, for example. You can also be a company director without undergoing any real training. In the UK, however, a growing number of senior executives are submitting themselves to an exhausting and rigorous process which allows them to call themselves chartered directors. The Institute of Directors, which … [ Read more ]

Global Leaders for Tomorrow Europe 2050 Task Force

Home of the Report on Readiness for the Future Index, designed to to provide a comprehensive framework for evaluating how well European societies are placed to meet the challenges brought about by the new millennium.

Editor’s Note: The GLTs are young but proven leaders from business, politics, the arts and civil society committed to improving the state of the world. 100 new GLTs are selected every … [ Read more ]

Is Europe Ready for the Future?

A new Index going beyond narrow economic issues has been compiled to assess to what extent countries are prepared for the 21st century. This article explains the thinking behind the initiative – on the next two pages two experts give their reactions..

Note: you can read the article on the web page, but for a bigger font and to get the graphics referenced, read … [ Read more ]

The Mind Of The Strategist: The Art of Japanese Business

Originally published in 1982, this classic guide to the inner workings of the strategic thinking process offers provocative insights into the ways that the Japanese think strategically and focuses on helping western business people free up their creative power to improve the odds of creating winning strategic concepts.

Transatlantic Crossings

Seen as a panacea for limited growth prospects at home, recent European takeovers of US firms are encountering management problems. CEOs should be wary of the pitfalls.

Note: you can read the article on the web page, but for a bigger font and to get the graphics referenced, read the .pdf version instead (link on the right side of page).

How Dragons Can Mutate Into Paper Tigers – Reflection On Face-Saving Management and China

Power dynamics can make an authoritarian system very successful but also vulnerable and insecure. In vying for international prestige Chinese statesmen are pursuing a set of targets they believe will boost the country’s future growth and glory. But there are reputational risks of which all leaders should be aware.

One Currency – but 15 Economies

Clashing regulations make cross-border business difficult in Europe.

The Benefits of Globalisation

Popular voices against international capitalism have become increasingly strident. The other side of the case – notably the positive social and economic impact of globalisation – deserves to be heard.

India – From Emerging to Surging

India’s gross domestic product is growing by an impressive 6 percent a year. But research by the McKinsey Global Institute has uncovered three barriers preventing the country’s GDP from growing even faster: myriad regulations governing products and markets, distortions in the market for land, and widespread government ownership of business. Thirteen policy measures could remove these barriers, allowing the economy to grow by 10 percent … [ Read more ]

Think State-Owned Companies Are Inefficient? Look at China

For most Western observers, state-owned companies are wasteful white elephants while private enterprise sets the standard for efficiency. A look at China’s large public sector giants, however, tells a different story, according to Wharton management professor Marshall Meyer. Even China’s entry into the World Trade Organization later this year or early in 2002 will not eradicate state ownership of major Chinese companies. Meyer shares the … [ Read more ]

All in the Familia

Family-owned businesses are the backbone of the economies of Latin America and of most other emerging markets. But many such businesses are finding it hard to compete with the global scale, focused strategies, cutting-edge management practices, and deep pockets of multinational companies. The take-away: To survive and thrive, family-owned businesses need governance models that can prevent family squabbles from spilling over into the business while … [ Read more ]

Elite Graduate Expectations

Paul Gooderham and Odd Nordhaug gained fresh insights into the preferences of European business school students relating to their choice of job, employer and industry.

Editor’s Note: you can read the article on the web page, but for a bigger font and to get the graphics referenced, read the .pdf version instead (link on the right side of page).

Malcolm Tulloch

America’s economic growth is driven by population growth, which is expanding rapidly because of immigration. European populations are stagnating — they are becoming gentrified. One of Japan’s biggest problems is that its population is shrinking and graying. That’s what’s making its economic decline so difficult to repair.

JustPeople – Online Headhunters

“Justpeople is an online headhunting service that allows employers to find and hire talented candidates.

In an online market swamped with ‘job boards’, Justpeople enables employers and candidates to find each other without the need for adverts. Nor does an employer need to trawl through a raft of CVs to find suitable interviewees.

The system works through a unique search facility that matches an employer’s criteria … [ Read more ]