Pankaj Ghemawat writes about why the post-crisis world demands a much more flexible approach to global strategy and organization.
World 3.0 reveals how we're not nearly as globalized as we think we are, and how people around the world can secure their collective prosperity through new approaches to cross-border integration. Provocative and bold, this new audiobook will surprise and move you, no matter where you stand on globalization.
Despite China’s recent economic struggles, many economists and analysts argue that the country remains on course to overtake the United States and become the world’s leading economic power someday soon. Indeed, this has become a mainstream view - if not quite a consensus belief - on both sides of the Pacific. But proponents of this position often neglect to take into account an important truth.
Global success requires that companies appreciate diversity and distance rather than seek to eliminate them.
On August 1 Uber announced that it is selling its Chinese brand and operations to Didi Chuxing for $1 billion in exchange for a 20% stake in the local competitor. And that the two companies’ CEOs, Travis Kalanick and Cheng Wei, would take seats on each other’s boards. While the deal triggered a flurry of articles, they mostly have repeated the few facts that are known so far, with a few variations.