In the very near future many a multinational
will live or die as a result of their strategy in China or
India.
Think of this -
China’s GDP will
equal that of
the U.S. by 2025 and the GDP of
China and India together will be greater than
that of the U.S., Europe and Japan combined
by 2050.
Corporate strategy
whose objectives are to capture market share,
talent, and innovation opportunities require
an understanding of the unique yet complementary
strengths of these potentially huge
economies.
China and India
share a common reality in terms of
mega markets and mega growth via micro customers
and in terms of providing platforms for reducing costs and boosting innovation.
Furthermore they are breeding grounds for the rise of
significant new competitors.
These are realities that most companies
fail to appreciate as they see only the
opportunity for
off-shoring and cost reduction. They also
fail to recognize the sheer scale of their growth
potential, they make
generalizations based only on what is known about the largest
cities, and fail to modify or change existing
strategies which are not designed for countries rich in market size while
poor in per capita income.
Professor Gupta describes successful
efforts based on broader perspectives and multi-pronged,
multi-year strategies.
Anil Gupta is
the author of "Getting China and India Right." He is also the
coauthor or coeditor of “Smart Globalization,” “Global Strategy”
and “The Quest for Global Dominance: Transforming Global
Presence into Global Competitive Advantage.” He received his
B.Tech. from the Indian Institute of Technology, MBA from the
Indian Institute of Management, and PhD in Business
Administration from Harvard Business School.
Format:
DVD
Duration:56Minutes
2009
SV 1027-4
$95.00