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Emerging Markets Rule: Growth Strategies of the New Global Giants
book

Emerging Markets Rule: Growth Strategies of the New Global Giants

by Mauro Guillen, Esteban Garcia-Canal
November 2012
Intermediate to advanced
240 pages
4h 53m
English
McGraw-Hill
Content preview from Emerging Markets Rule: Growth Strategies of the New Global Giants

AXIOM 6Expand with Abandon

If you wait until you’re ready, you’ve waited too long.

“Impossible is a word to be found only in the dictionary of fools.”

NAPOLEON BONAPARTE

IN THE OLD WORLD DOMINATED BY ONE LARGE ECONOMY and predictable patterns of technology development, production, and trade, companies approached the process of international expansion in a very orderly three-part minuet.

First, aspiring multinationals ventured abroad only after ensuring that their organization was ready for such a momentous move. They thought about foreign markets as steps in a ladder, with the easiest ones coming first and the more distant, harder ones coming last. Thus, for American firms Britain was easier to enter than Germany, and Mexico was more of a natural ...

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Publisher Resources

ISBN: 9780071798112