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内容简介:
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, not internationally.
In this “semiglobalized” world, one-size-fits-all strategies don’t stand a chance. Companies must instead reckon with cross-border differences. Ghemawat shows you how—by providing tools for:
Assessing the cultural, administrative, geographic, and economic differences between countries at the industry level and deciding which ones merit attention.
Tracking the implicati*** of particular border-crossing moves for your company’s ability to create value.
Creating superior performance with strategies optimized for adaptation (adjusting to differences), aggregation (overcoming differences), and arbitrage (exploiting differences), and for compound objectives.
In-depth examples reveal how companies such as Cemex, Toyota, Procter & Gamble, Tata C***ultancy Services, IBM, and GE Healthcare have adroitly managed cross-border differences—as well as how othe***ell-known companies have failed at this challenge.
Crucial for any business competing across borders, this book will transform the way you approach global strategy.
书籍目录:
Foreword
Acknowledgments
Introduction
Part One Value in a World of Differences
1 Semiglobalization and Strategy
2 Differences Across Countries
The CAGE Distance Framework
3 Global Value Creation
The ADDING Value Scorecard
Part Two Strategies for Global Value Creation
4 Adaptation
Adjusting to Differences
5 Aggregation
Overcoming Differences
6 Arbitrage
Exploiting Differences
7 Playing the Differences
The AAA Triangle
8 Toward a Better Future
Getting Started
Notes
Selected Resources
Index
About the Author
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作者简介:
Pankaj Ghemawat is the Anselmo Rubiralta Professor of Global Strategy at IESE Business School in Barcelona and the Jaime and Josefina Chua Tiampo Professor (on leave) at Harvard Business School. His Harvard Business Review article Regional Strategies for Global Leadership won the McKinsey Award in 2005.
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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, not internationally. In this "semiglobalized" world, one-size-fits-all strategies don't stand a chance. Companies must instead reckon with cross-border differences.Ghemawat shows you how - by providing tools for: assessing the cultural, administrative, geographic, and economic differences between countries at the industry level and deciding which ones merit attention. Tracking the implicati*** of particular border-crossing moves for your company's ability to create value. Creating superior performance with strategies optimized for adaptation (adjusting to differences), aggregation (overcoming differences), and arbitrage (exploiting differences), and for compound objectives. In-depth examples reveal how companies such as Cemex, Toyota, Procter & Gamble, Tata C***ultancy Services, IBM, and GE Healthcare have adroitly managed cross-border differences - as well as how othe***ell-known companies have failed at this challenge. Crucial for any business competing across borders, this book will transform the way you approach global strategy.
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