Innovative Strategies for a Dynamic Economy-Building a Globally Competitive India

Abstract

Globalization has fundamentally changed the game of business. Strategic frameworks developed for the analysis of purely domestic business necessarily fall short in the international business context. Managers and business students require new approaches to understand and cope with these far-reaching changes. We must learn to think globally in order to succeed. Global Competitive Strategy shows how we can do this by providing a unique set of strategic tools for international business. Such tools include the ‘star analysis’ that allows strategy makers tointegrate geographic information wi th market information about the global business environment. Also introduced is the ‘global value connection’ that shows managers how to account for the gains from trade and the costs of trade....