In the quest to achieve global efficiency, often companies find themselves faced with a dilemma: how can they manage the various processes needed to run a global organization, yet keep a locally-flexible system at the same time? Unable to reach this equilibrium, many find themselves stuck in a rigid system and not as customer-orientated as […]
Read More… from Balancing Local and Global Efficiency with Anchored Agility
Latin America has been enjoying stable growth in recent years. In January 2013, the BBC reported that the region’s economic growth had outstripped that of Europe for the past eight years. Now, it is time for Latin American organizations to take an international approach to developing leadership capacity, say faculty from the Center for Creative […]
Read More… from Avoiding Managerial Derailment in Latin America
International assignments are generally viewed as a positive thing to do, something to aspire to, and given today’s more globalised world, this kind of experience should hasten your progress up the corporate ladder. It may not be as simple as that, according to research from Monika Hamori of IE Business School and Burak Koyuncu of […]
Read More… from Top flight talent? The Value of International Assignments
A parent company can either centralize decision-making related to a foreign subsidiary at the parent company headquarters or decentralize those decisions to the subsidiary. Working with two decades worth of data from U.S. multinationals, Leslie Robinson and Phillip Stocken of the Tuck School of Business identified some key factors that determine which is the better […]
Read More… from Centralized or Decentralized Decision Rights in Multinationals
Susan Perkins, a professor at Northwestern University’s Kellogg School of Management, and a visiting professor at MIT’s Sloan School of Management, sought to empirically measure the role of prior international experience in the success or failure of a firm’s subsequent international activities. She based her research on data from the investment activity of 96 foreign-owned […]
Read More… from Working Abroad: The Value of Experience
Sooner or later, any engineer working on new technology or infrastructure will hear a familiar question from investors: Does it scale up? There are few axioms in business as simple and historically accepted as the idea that ‘big is better.’ Large-scale industrial agriculture is better — more efficient, more effective, cheaper — than the family […]
Read More… from Why Scaling Up Is No Longer the Only Strategy