Gerardo R. Ungson - Böcker

International business is undergoing continuous transformation as multinational firms and comparative management evolve in the changing global economy. This comprehensive work provides an applied and integrated strategic framework for developing capabilities that lead to global success.

Discover the four traits of the best performing, but least known, breakout firms in BRIC countries "Rough diamonds" are the best performing firms in the BRIC (Brazil-Russia-India-China) countries. These firms compare favorably with the top 500 firms and the top 25 manufacturing firms in their countries and comparable firms worldwide, exceeding them profit margins and return on assets over an extended time period. This book outlines who these firms are and explains their exemplary performance through the Four Cs for Sustaining High Performance: Capitalizing on late development; Creating Market Inclusive Niches; Crafting Operational Excellence; and Cultivating Profitable Growth. Offers a description of the four major traits that high performance companies in Brazil, Russia, India and China have in commonContains company profiles from BRIC countries that have proved to be successfulWritten Sam Park the president at Skolkovo-Ernst & Young for Emerging Market Studies and Chair Professor of Strategy at Moscow School of Management SkolkovoThis important resource outlines the four traits of the best performing, but least known, breakout firms in BRIC countries.

This book presents a framework for a different type of profitable growth for multinational companies in emerging markets: "scaling the tail." This model focuses on specialized market niches, flanking particular segments and product-categories, developing deeply nuanced localization strategies, and installing supportive management systems.

International business is undergoing continuous transformation as multinational firms and comparative management evolve in the changing global economy. To succeed in this challenging environment, firms need a well-developed capability for sound strategic decisions. This comprehensive work provides an applied and integrated strategic framework for developing capabilities that lead to global success. It is designed to help readers achieve three essential objectives. First, it provides intellectual and practical guidelines for readers to execute goals and strategies that lead to meaningful and productive results. The book is packed with frameworks, cases, anchoring exercises, techniques, and tools to help readers emerge with a completed business plan after the last chapter. Second, it focuses on strategy and how firms build competitive presence and advantages in a global context. A primary learning objective is to enable readers to understand and evaluate the major issues in strategy formulation and implementation in a global context. Third, it provides an accessible framework that will help guide readers in making strategic decisions that are sound and effective. It offers a unifying process that delineates the necessary steps in analyzing the readiness of a firm to do business abroad. In addition to core issues, each chapter presents frameworks, analytical tools, action-oriented items, and a real-world case - all designed to provide insights on the challenges imposed by globalization and technology on managers operating in a global context.

The world of business is in the throes of a new revolution. It is, paradoxically, both the best and worst of times. Opportunity abounds, but the economic, societal, and technological foundations of the Machine Age are crumbling. Confounded by chaos and heavily pressured for results, most Western managers have no better ideas for how to compete than to endlessly copy each other, cut costs, and buy up rivals. Downsizing is epidemic and decline common.Clearly, the world is going though a major transition. When this transformation is completed, it will look very different. This upheaval will change everything, but the focus and maximum stress point is economic. In the future world power and national prosperity will increasingly depend on the ability to compete in high value added product-market areas. The winners will develop new societal models for business, economics, government, and education.This current and authoritative book is the joint product of an academician and a business practitioner, both of whom share a deep concern about the inadequacy of current models and practices. It examines the new environment and explores the underlying drivers — the “Engines of Prosperity” — that set the new rules of competitive rivalry. It provides timely advice for managers on how to operate in a world characterized by Information Age technology, rapid change, deepening global linkages, increasing returns to scale, and the continuous unbundling of value chains.