The Idea in Brief Multinationals’ global operations consistently underperform their domestic operations. Why? These companies’ strategies focus mostly on similarities across their markets: whenever possible, global companies standardize their business models to achieve economies of scale. They...
By R. Sridharan REDEFINING GLOBAL STRATEGY Pankaj Ghemawat Harvard Business School Press Pp: 257 Price: $29.95 (Rs 1,198) CONGRATULATIONS, PANKAJ GHEMAWAT. Congratulations for keeping your head and sight in a world thatso completely believes that it is flat. And congrats, most of all,for having the...
Pankaj Ghemawat is certainly right to draw attention to the myths surrounding globalization ("The World's Biggest Myth," November/December 2007). His interpretation of our arguments in our book, The Rule of Three, however, must be clarified. We argue that through competitive...
It happens every time there's a global credit squeeze, an international trade dispute, or an outsourcing outrage. Like clockwork, the two opposing forces of the enduring globalization debate go to battle on the world's op-ed pages, in policy-shop salons, and sometimes in the...
Ten years ago, FP launched a new department called "Think Again." Its purpose was to debunk the conventional wisdoms that develop around the topics that matter most. Its succinct, contrarian analysis quickly made it one of the magazine's most popular features. Staying true...
In The World Is Flat, New York Times columnist Thomas Friedman asserts that 10 forces - most of which enable connectivity and collaboration at a distance - are "flattening" the Earth and leveling a playing field of global competitiveness, the likes of which the world has never before seen. It...
Redefining global strategy By Pankaj Ghemawat Harvard Business School Press Why do so many global strategies fail - despite companies' powerful brands and border-crossing advantages? Pankaj Ghemawat takes on the "flat world" lobby. In this 'semi-globalized' world, he argues, one-size-fits-all strategies don't stand a chance. Differences still...
Pankaj Ghemawat says the world is not flat ("Why the World Isn't Flat," March/April 2007). No kidding. In arguing that globalization and economic integration are still far from a reality, Ghemawat fails to take into account the bigger picture of what is actually taking place in...
Globalization has bound people, countries, and markets closer than ever, rendering national borders relics of a bygone era--or so we're told. But a close look at the data reveals a world that's just a fraction as integrated as the one we thought we knew. In fact,...
Off Peak No bibliography ever looked so good. THERE IS A LARGE BODY OF LITERATURE IN business magazines andtrade newsletters examining the spectacular transformation of Enronfrom a gas pipeline business into a "Fortune 10" company. Beyond periodical press coverage, though, there exists a wealth ofliterature in the form of books...
Business Editors & High Tech Writers HERNDON, Va.--BUSINESS WIRE--Aug. 1, 2000 Companies Could Take Advantage of the Internet and Other Technologies to Deliver Cheaper and Better Services: And It May be How Smaller Firms Like ePHONE Telecom May Rise...
There's room at the bottom Mergers lead to consolidation and dominance of a global market. Right? Wrong. "Instead, when it looks as though the market is sewed up, someone comes along with an innovation," said Fariborz Ghadar, professor of global management, policies and...
A question for reporters and editors: What do the following 10 geopolitical developments since the 1970's have in common? 1. Deregulation/privatization of specific sectors such as health care, financial services, telecommunications and other infrastructural areas in developed and developing...
Articles 1997-06-22
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