Pankaj Ghemawat: The Thought Leader Interview

The seer of “semiglobalization” argues for appreciating regional distinctions.

Results July-August 2008: Business strategy brief

In the Management feature of this edition, “Winning in emerging markets,” Bain’s Nicholas Bloch and Robert Schaus elaborate on six common practices that give consumer companies the edge over domestic competitors. Also in this issue: An editorial by Partner Jean-Charles van den Branden titled “Learning from the lucky 13” a guest interview with Robert Franssen, CEO, Allianz Belgium; and a look at a Bain toolkit … [ Read more ]

Mastering Global Operations to Enable High Performance

Companies compete in a multi-polar world—an environment characterized by a new and more complex phase of increased economic interdependence across multiple centers of economic power and activities. Accenture research into global operations reveals that succeeding in this environment demands a new way of thinking about global operations. In particular, it points to five guiding principles that can position companies for high performance on this new … [ Read more ]

Decoding the Next Billion Consumers

A billion consumers around the world—neither affluent nor poor—spend just over $1 trillion a year. As much as a third goes for trading up to better products and premium brands. Yet most consumer businesses don’t know how to reach them or serve them profitably. Drawing from their survey of 15,000 next-billion consumers, the authors discuss how companies can achieve sustained competitive advantage by understanding the … [ Read more ]

Getting to Global

As globalization continues to play out over the next 30 years, geographic and regulatory barriers will fall, electronic distribution will start to parallel and even overtake physical distribution, installed capacity will become obsolete before it is depreciated, and focused competitors will attack like piranhas. Companies must restructure or die.

Editor’s Note: a bit topical in places (written in 1999) but still a good read

Cross-border M&A: Handle with Care

M&A is complicated. Cross border M&A is even more difficult, and it now accounts for almost half the world’s total deal value. Managing cultural differences, integrating across borders and creating the right organizational structure are just some of the challenges Accenture has identified.

Twenty Hubs and No HQ

A new form of global organization grounded in “gateway” countries can allow a company to operate profitably around the world.

Globalization 3.0

At some point in the past few years, that overworked phrase “the post-Cold War world” fell out of fashion, even though it has not really been replaced. It was neither a satisfactory nor a popular way of describing the strange and somewhat anomalous time after the Gorbachev reforms and the subsequent collapse of the Soviet Union changed the geopolitical furniture. Some preferred to describe the … [ Read more ]

Karen Crennan, Paul F. Nunes and Marcia A. Halfin

Companies should not presume to treat all employees—or customers, for that matter—in a single country as having the same culture or national identity, even in developed nations. Many of today’s employees have spent long periods of time in more than one country, creating sustained connections that deeply affect spending and consumption (for example, continued remittances to family in home countries), social ties, gender roles and … [ Read more ]

Sourcing from China: Lessons from the Leaders

Companies sourcing from China are reaping huge benefits but also encountering increasingly tough challenges, both internal and external. A recent BCG study reveals the nature of the challenges and summarizes ten key practices that separate the most effective China sourcing offices from their peers: defining a clear sourcing strategy; aligning the China sourcing organization with global procurement; enabling collaboration across regional and functional boundaries; integrating … [ Read more ]

EBF Debate: Does Nationality Still Matter?

A dozen contributors explore whether nationality still has a role to play in business success. Contributors include:
– Karl Moore & David Amar
– Mads Mordhorst
– Winfried Ruigrok & Peder Greve
– Paul N Gooderham & Atle Jordahl
– Majken Schultz
– Vikas Kumar
– Àngel Castiñeira
– Malla Paajanen & Mikko Laukkanen

Finding Salespeople Abroad

Locating top performers in the global economy.

Global Fatalities: When International Executives Derail

Developing global executives is an expensive proposition that can produce a significant return – provided that the corporation uses the knowledge and expertise it gained from earlier experiences effectively. These co-authors interviewed 101 individuals who succeeded in their international postings and concluded that poor management of three factors contribute to the failure of international executives: the individual, the cultural context, and organizational mistakes. Based on … [ Read more ]

Pankaj Ghemawat

I think be­lieving the world is flat leads to one-size-fits-all strategies. This may be one reason that so many firms are disappointed with the performance of their overseas operations. If you’re looking for guidance on questions like where to compete, the “world is flat” thesis has only one message: “The market is almost infinite.” There’s no sense of place, no notion of distance to help … [ Read more ]

The Hidden Persuaders

Originally published in 1957 and now back in print to celebrate its fiftieth anniversary, The Hidden Persuaders is Vance Packard’s pioneering and prescient work revealing how advertisers use psychological methods to tap into our unconscious desires in order to “persuade” us to buy the products they are selling.

A classic examination of how our thoughts and feelings are manipulated by business, media and politicians, The Hidden … [ Read more ]

Beyond the Great Wall: Intellectual Property Strategies for Chinese Companies

China is in the early stages of its economic development. This report describes the five phases of IP evolution that companies and nations pass through. Without strong international IP rights, Chinese companies may face exclusion from international markets, have to pay onerous royalties, or be otherwise penalized. While it is written for Chinese companies, the main messages of the report apply broadly to companies in … [ Read more ]