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Why are some companies successful in some countries but unsuccessful in others?

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Wal-Mart serves as a good example here. It has done well in Mexico Canadaf the U.K., and China but has suffered resounding failures in Germany and South Korea and is struggling in Japan. We present a detailed analysis of the lessons from Wal-Mart’s globalization in chapter three of The Quest for G…

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How to reassess existing global strategies?

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The first major question to ask is: how central are foreign markets to the future of our company? The vast majority of U.S. headquartered Fortune 500 companies still view foreign markets as an add-on supplement to the domestic U.S. market. Very few business leaders have internalized the fact that 75…

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Will the current economic turmoil result in a back tracking of globalization?

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Many people think that the coming recession will lead governments in the U.S. and elsewhere to become more protectionist thereby slowing or reversing the ongoing march of globalization. I disagree for the simple reason that companies from the mature developed countries need access to high growth mar…

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India’s Satyam Scandal – A Blessing in Disguise?

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The unfolding Satyam saga, India’s Enron, has been a watershed event in Indian corporate history. According to the now-under-arrest founder’s own public confession, Satyam (India’s fourth largest IT services company) had inflated its reported revenues by 25 percent, its operating margins by ov…

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Leverage China and India to Transform the Pharma Industry

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Steven Pearlstein’s article – “Not What the Doctor Ordered” – in today’s Washington Post makes some excellent points about the self-imposed ills of the pharma industry. Here are some additional perspectives. The pharma industry needs to figure out how to speed up its rate of new drug …

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