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Renowned experts in international business help executives assess the competitive threat of emerging-market rivals and develop a smart strategy for maintaining market dominance
The U.S., U.K., and Japan are facing increasing competition from South Korea, China, India, and other countries in virtually every industry; this book offers an action plan based on leaner, more operationally proficient ways high-level decision makers can use to reverse this trend
GuillAn is a Wharton professor and strategy consultant to Coca-Cola and Toyota; Garcia- Canal is a professor at Spain™s University of Oviedo; both authors frequently write articles for the major business publications and journals and maintain busy speaking schedules, during which they will promote the book SEIZE THE ADVANTAGE IN THE GLOBAL WAR FOR MARKET SHARE
The newest economic behemoth, China, is snatching market share from the U.S., Japan, and Europe at an alarming rate. But China isn`t alone. The world`s largest producers of biofuel, meat, consumer electronics, regional jets, baked goods, candy, and many other products are all emerging market multinationals (EMMs). And industries poised to be taken over by EMMs include personal computers, IT services, mining, wind turbines, and cement.
The balance of power in the global economy is shifting.
Are you in a position to compete with the most energetic, imaginative companies on the planet?
In Emerging Markets Rule, two experts on the global shift in economic hegemony explain what is happening, why it is happening--and how you can prevent it from happening to you. The authors provide an action plan based on leaner, more operationally proficient ways for maintaining the competitive advantage based on seven new axioms of global competitiveness:
Execute, strategize, and execute again
Cater to the niches
Scale to win
Embrace chaos
Acquire smart
Expand with abandon
No sacred cows!
Emerging market multinationals are here to stay; they`re not going to go away, even when the global economy rights itself. "What began as a necessity--a kind of guerilla-business warfare against the corporate superpowers--has now evolved into best practices and is on its way to becoming what everyone needs to know," the authors write. "Simply put, down is up. The weak have become strong."
You need to learn these new "best practices" now because tomorrow will be too late. Emerging Markets Rule is your road map for business success in the increasingly competitive, chaotic global markets.
"Emerging-market multinationals have reshaped global competition. Using well-articulated views duly substantiated with facts, this book explains why and how they have become formidable players in both high-technology and traditional industries. This book is a worthy read for businesses and individuals alike seeking to comprehend the phenomenon of the emerging market multinational." -- S. D. Shibulal, CEO and Managing Director , Infosys
"This book shows the strength and potential of companies that stand out in emerging markets, reaffirming entrepreneurship, innovation, and sustainability as fundamental factors for the outbreak of global competitors." -- Alessandro Carlucci , CEO, Natura Cosmeticos
"The authors have touched on an important idea that emerging market growth can often be tapped by companies located in those markets. This is an essential book leading us to identify the niche markets and strategies for those emerging markets. A must for all international companies with growth ambitions." -- Leonard A. Lauder, Chairman Emeritus, The Estee Lauder Companies
"A must-read for any company on its way to becoming a global one. You will learn from companies that have developed unique ways of competing in tough markets such as China and India." -- Jorge Zarate , China General Manager, Grupo Bimbo
ISBN - 9781259097027
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Pages : 208
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