1134 Posts Found

When facing a cross-border negotiation, the standard preparatory assessments—of the parties, their interests, their no-deal options, opportunities for and barriers to creating and claiming value, the most promising sequence and process design, etc.— should be informed and modified by two classes of potentially relevant cross-border factors, the general and the negotiation-specific. Drawing on considerable literature in cross-border and cross-cultural negotiation, this paper develops the … [ Read more ]

Content: Article | Author: James K. Sebenius | Source: Harvard Business School (HBS) | Subjects: International, Negotiation

When facing a negotiation that crosses national borders and/or cultures, the standard preparatory assessments—of the parties, their interests, their no-deal options, opportunities for and barriers to creating and claiming value, the most promising sequence and process design, etc.—should be informed and modified by potentially relevant factors. Drawing on considerable literature in cross-border and cross-cultural negotiation, a two-paper series develops a four-level prescriptive framework for effectively … [ Read more ]

Content: Article | Author: James K. Sebenius | Source: Harvard Business School (HBS) | Subjects: International, Negotiation

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Perils of international joint ventures: Foreign companies often enter joint venture partnerships unaware of the dominating corporate governance practices in developing countries. Susan Perkins outlines the potential costs of not recognizing and accounting for these dynamics in the design of a joint venture.

Content: Article | Source: Kellogg Insight | Subject: International

Globality is not a new word for the well-known phenomenon of globalization; it is a fundamentally different business environment that has been been created by the rise of a set of companies based in the rapidly developing economies. These “global challengers” are giving the established multinationals ¯ the “incumbents” ¯ a run for their money in industries and markets around the world, and forcing them … [ Read more ]

Content: Article | Source: Boston Consulting Group (BCG) | Subject: International

Evaluating country risks is a crucial exercise when deciding where to set up operations in a foreign country. While some risks can be managed with insurance or hedging strategies, others can be measured with a risk-analysis. Though uncertainty will remain in either case, it can be transformed into planned uncertainty, with no surprises in store and contingency plans in place. The author discusses the analytical … [ Read more ]

Content: Article | Author: David Conklin | Source: Ivey Business Journal | Subjects: International, Risk Management

To me, the essence of development is changing the quality of life of the bottom half of the population. And that quality is not to be defined just by the size of the consumption basket. It must also include the enabling environment that lets individuals explore their own creative potential. This is more important than any mere measure of income or consumption.

Content: Quotation | Author: Muhammad Yunus | Source: strategy+business | Subjects: Economics, International

The biggest challenge in creating value from cross-border mergers and acquisitions (M&A) in rapidly developing economies (RDEs) is not extracting synergies, but understanding the full spectrum of risks before the deal is closed. Based on a survey of executives with extensive experience in M&A in RDEs, this focus highlights the four main drivers of these risks and how to minimize and manage them.

Content: Article | Authors: Andrew Clark, Dinesh Khanna, Yulius Yulius | Source: Boston Consulting Group (BCG) | Subjects: International, Mergers & Acquisitions

Why do so many global strategies fail – despite companies’ powerful brands and other border-crossing advantages? Seduced by market size, the illusion of a borderless, “flat” world, and the allure of similarities, firms launch one-size-fits-all strategies. But cross-border differences are larger than we often assume, explains Pankaj Ghemawat in “Redefining Global Strategy”. Most economic activity – including direct investment, tourism, and communication – happens locally, … [ Read more ]

Content: Book | Author: Pankaj Ghemawat | Subjects: International, Strategy

Given the dearth of national leadership experience in China, companies are turning to expatriates to fill critical leadership roles, and promoting these leaders very quickly. The cultural dimensions of leadership developed by Hofstede help provide a foundation for business leaders operating in foreign territories. These dimensions of leadership include power distance, individualism, uncertainty avoidance, and masculinity. For an expatriate leading a national team in China, … [ Read more ]

Content: Article | Author: Matthew Earnhardt | Source: Graziadio Business Report | Subject: International – China

Increasingly, companies are spreading “knowledge work” tasks – such as research and product development – overseas as a means to increase competitiveness, reduce costs, access new talent pools and establish a presence in emerging markets. Yet many struggle to achieve the performance to which they aspire.

This paper describes how a structured approach for understanding the link between decision-making (how work is governed) and workflow (how … [ Read more ]

Content: Article | Authors: Bhushan Sethi, Frederick D. Miller, Vivek Sethia | Source: Deloitte | Subjects: International, Knowledge Management

CareerIntelligence.com announces top-flight career opportunities from over a thousand services monitored daily and focused on the Middle East. The site offers a free basic registration for executive candidates and, if you’re working with recruiters or are looking to recruit senior candidates, the Recruiters’ section offers free job posting and CV database access.

Content: Career Information | Subjects: International – Middle East, Jobs – Listing Services

It doesn’t matter where scientific discoveries and breakthrough technologies originate—for national prosperity, the important thing is who commercializes them. The United States is not behind in that race.

Content: Article | Author: Amar Bhidé | Source: McKinsey Quarterly | Subjects: Economics, International

Patents reveal the most innovative places to do it.

Content: Article | Source: The Economist | Subjects: Innovation, International

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For multinational enterprises, the rise of the multi-polar world— a phenomenon in which traditional centers of economic power are being dispersed more widely across the globe—makes global operating model configurations and organizational capabilities more important than ever. However, a recent Accenture survey shows that 95 percent of senior executives say that they doubt that their companies have the right operating model to support their international … [ Read more ]

Content: Article | Authors: Joshua B. Bellin, Robert J. Thomas, Stéphane J.G. Girod | Source: Accenture | Subjects: International, Organizational Behavior

The problem is that globalization is being created by business firms, not governments. Business firms are so small that they put one brick in the wall at a time, and don’t think about where the wall is going.

Content: Quotation | Author: Lester Thurow | Source: CFO Publishing | Subjects: Economics, International

Global markets are changing the relationship between firms and nation-states in important ways, says HBS professor Mihir A. Desai. His new working paper, “The Decentering of the Global Firm,” offers a practical framework for business leaders to think strategically about where to locate their company’s financial and legal homes, and managerial talent. Q&A with Desai.

Content: Article | Authors: Martha Lagace, Mihir A. Desai | Source: Harvard Business School (HBS) Working Knowledge | Subject: International

Adam Smith wrote that man has an intrinsic “propensity to truck, barter, and exchange one thing for another.” But how did trade evolve to the point where we don’t think twice about biting into an apple from the other side of the world?

In A Splendid Exchange, William J. Bernstein tells the extraordinary story of global commerce from its prehistoric origins to the myriad controversies surrounding … [ Read more ]

Content: Book | Author: William J. Bernstein | Subject: Trade