Executives can no longer predicate international growth strategies on the assumption that globalization will continue to advance. But how should they respond to the growing pressures against globalization? Should they reshape their global strategies or stay the course? What can businesses do to control their destinies in this time of uncertainty?
The New Global Road Map explains the key trends affecting global business today and--separating fact from fiction--gives readers an informed understanding of how globalization levels around the world are changing and where they are likely to go in the future. With the most up-to-date data and analysis, Ghemawat dispels dangerous myths and provides a clear view of what is and isn't changing in the global business environment.
Building on this analysis, with fresh examples from a diverse set of companies across industries and geographies, Ghemawat provides 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 an era of rising nationalism and increased skepticism about the benefits of globalization, The New Global Road Map is the definitive guide for how to compete, where to compete, and how to organize on a changing global stage.
About the Author
Pankaj Ghemawat - globalization and business strategist, professor, and speaker-works with organizations and policy makers around the world to help them anticipate and prepare for economic shifts. He is Global Professor of Management and Strategy and Director of the Center for the Globalization of Education and Management at the Stern School of Business at New York University and the Anselmo Rubiralta Professor of Global Strategy at IESE Business School.
He is the author of numerous influential books, including Redefining Global Strategy, World 3.0, and The Laws of Globalization.
"Ghemawat aims his advice at businesspeople (and business students), but his work will also enlighten readers outside the business world who want to understand international trade and investment." -- Foreign Affairs
Advance Praise for The New Global Road Map
from the foreword by N. Chandrasekaran, Chairman, Tata Sons--
"Pankaj is unique in his ability to connect theoretical rigor to practical decision making on the ground. I highly recommend this book--and Pankaj's sensible approach more generally--as a crucial voice to counter the oftentimes bombastic nature of our current dialogue on the future of globalization."
Fernando A. Gonzalez, CEO, CEMEX--
"The new book by Professor Pankaj Ghemawat could not be more timely. As a brilliant and sensible voice in the field of business strategy, he has long provided useful guidance for how to create lasting value. Now he connects new dots to show that the challenge is not to opt between local retrenchment or pursuing a mindless globalization but to find the right balance between them."
Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric--
"Pankaj delivers his views on globalization based on a wealth of facts and data. He pivots globalization on the strength of each local market, an approach that keeps at bay emotional perceptions. In this more complex world, Pankaj proposes avenues for business leaders to strategize and execute on their internationalization programs. An important read for all companies who move in the larger world!"
Praise for Redefining Global Strategy
"Pankaj Ghemawat has created an important strategic guidebook for leaders of the globally integrated enterprises of the twenty-first century. His analytical framework is both visionary and pragmatic--aware of the broad historic trajectories of globalization, but grounded in the real kinds of decisions business leaders have to make now." -- Samuel J. Palmisano, former Chairman of the Board and CEO, IBM Corporation
Praise for World 3.0
"Pankaj Ghemawat has provided an impressive and comprehensive analysis of the world's situation in times of globalization and strong economic and social imbalances. His book contributes to fostering the right mindset that will enable us to reshape this world in a sustainable way." -- Mohammed Yunus, founder, Grameen Bank; recipient, Nobel Peace Prize