What Globalization Now Means for Your Business Executives can no longer base their strategies on the assumption that globalization will continue to advance steadily. But how should they respond to the growing pressures against globalization? And what can businesses do to control their destinies in these times of uncertainty? In The New Global Road Map , Pankaj Ghemawat separates fact from fiction by giving readers a better understanding of the key trends affecting global business. He also explains how globalization levels around the world are changing, and where they are likely to go in the future. Using the most up-to-date data and analysis, Ghemawat dispels today's most dangerous myths and provides a clear view of the most critical issues facing policy makers in the years ahead. Building on this analysis, with examples from a diverse set of companies across industries and geographies, Ghemawat provides actionable frameworks and tools to help executives revise their strategies, restructure their global footprints, realign their organizations, and rethink how they work with local governments and institutions. In our era of rising nationalism and increased skepticism about globalization's benefits, The New Global Road Map delivers the definitive guide on how to compete profitably across borders.
The book is good on providing views on globalization from multiple perspectives. There are statistu, tools, frameworks and ideas to build strategy on. My favourite part was the overview of AAA strategies: adaptation, aggregation and arbitrage. There were several good ideas on their integration in business strategy from the perspectives of competition in the globalised markets.
Good data in the first few chapters to explain the interactions of various international frameworks and variables. The graphics were helpful to demonstrate concepts. The final chapter was very political, and causes the reader to question whether the previous chapters were biased.
Good in terms of theoretical frameworks and effective reiteration of those. But as usual, doesn't go in-depth of pertinent topics and only does a surface level analysis