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This chapter outlines an approach to global strategy that focuses on the differences across countries, and describes the book's central goal: to help businesses cross borders profitably by seeing the world as it really is, rather than in idealized terms. This chapter was originally published as the ... More

This chapter summarizes evidence that the current state of the world is one of semiglobalization--increasingly, but far from completely, integrated--and explains why understanding this is essential for developing cross-border strategies. This chapter was originally published as chapter 1 of "Redefin... More

This chapter enumerates the reasons that borders still matter and classifies them in terms of the cultural, administrative, geographic, and economic distances between countries. This chapter was originally published as chapter 2 of "Redefining Global Strategy: Crossing Borders in a World Where Diffe... More

This chapter discusses why firms should globalize in a world in which distance still matters, presenting a scorecard for tracking value creation that includes but goes beyond the familiar components of size and economies of size. This chapter was originally published as chapter 3 of "Redefining Glob... More

This chapter focuses on adaptation strategies for adding value in the face of large cross-border differences, exploring in detail the strategies of the world's ten largest competitors in the major home appliance industry. This chapter was originally published as chapter 4 of "Redefining Global Strat... More

This chapter focuses on aggregation strategies that overcome some differences among countries by using various grouping devices to create greater economies of scale than country-by-country adaptation can provide. This chapter was originally published as chapter 5 of "Redefining Global Strategy: Cros... More

This chapter focuses on arbitrage strategies that exploit selected differences across countries instead of treating them all as constraints, examining economic and labor arbitrage in particular. This chapter was originally published as chapter 6 of "Redefining Global Strategy: Crossing Borders in a ... More

This chapter examines the trade-offs among the AAA strategies--adaptation, aggregation, arbitrage--and the development of integrated strategies for playing the differences between countries. This chapter was originally published as chapter 7 of "Redefining Global Strategy: Crossing Borders in a Worl... More

This chapter takes a look at forecasts for the future of globalization, suggesting several paths for improvement, and concludes with a five-step framework for getting started by doing a global strategy audit for your business or businesses. This chapter was originally published as chapter 8 of "Rede... More

Facilitates a discussion of the sources of Wal-Mart Stores' competitive advantage in discount retailing, and the future sustainability of that advantage. Also profiles the company's major diversification move in the early 1980s.... More

Describes a company that had traditionally followed a strategy quite distinct from its major competitors', its eventual decision to imitate them, and its subsequent performance.... More

This case series is a vehicle for examining the strategic logic and risks of preemption. Rewritten versions of earlier cases.... More

The Indian software industry, growing at more than 50% per annum and largely dependent on exports of services and products, is one of the few industries in that country considered to be globally competitive. This note allows a discussion of the uses and limits of frameworks for assessing geographic ... More

Presents the systematic evidence in the context of the microeconomic model of market integration. Market integration is just one (economic) aspect of globalization; this is one of the particular interests to business managers.... More

Supplements the (A) case. A rewritten version of an earlier supplement.... More

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Describes the rivalry between two competitors who have attempted to become the dominant force in the emerging British satellite television industry. Can be used to examine issues of competitive positioning, technology adoption, and scenario analysis. Helps students make decisions given competitive c... More

The success of a business depends on its ability to sustain its competitive advantage over time. Product innovation, production processes, and marketing are areas in which intense competitive pressure has multiplied with the increase in domestic and international competition. Analyses of companies i... More

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The Laws of Globalization and Business Applications employs a variety of empirical methodologies to establish two broad regularities that apply to international activity at the firm, industry, and country levels - the law of semiglobalization and the law of distance - and explores some of their impl... More