International

On Competition, Updated and Expanded Edition

For the past two decades, Michael Porter's work has towered over the field of competitive strategy. On Competition, Updated Edition brings together more than a dozen of Porter's landmark articles from the Harvard Business Review. Five are new to this edition, including the 2008 update to his classic "The Five Competitive Forces That Shape Strategy," as well as new work on health care, philanthropy, corporate social responsibility, and CEO leadership.

This collection captures Porter's unique ability to bridge theory and practice. Each of the articles has not only shaped thinking, but also redefined the work of practitioners in its respective field. In an insightful new introduction, Porter relates each article to the whole of his thinking about competition and value creation, and traces how that thinking has deepened over time.

This collection is organized by topic, allowing the reader easy access to the wide range of Porter's work. Parts I and II present the frameworks for which Porter is best known frameworks that address how companies, as well as nations and regions, gain and sustain competitive advantage. Part III shows how strategic thinking can address society's most pressing challenges, from environmental sustainability to improving health-care delivery. Part IV explores how both nonprofits and corporations can create value for society more effeapplying strategy principles to philanthropy. Part V explores the link between Strategy and Leadership

Managing With Power: Politics and Influence in Organizations

An in-depth look at the role of power and influence in organizations. Pfeffer demonstrates the necessity of power in mobilizing political support and resources to get things done in any organization, and he looks at the personal attributes and structural factors that help managers advance organizational goals and achieve individual success.

Billions of Entrepreneurs: How China and India Are Reshaping Their Futures--and Yours

Called well worth reading by The Economist and earnest and entertaining by the Financial Times, Tarun Khanna s Billions of Entrepreneurs is an elegantly written book that mixes on-the-ground stories with thorough research to show how Chinese and Indian entrepreneurs are creating change through new business models and bringing hope to countless people across the globe. Khanna juxtaposes, on a variety of levels, China and India; explores how the future depends on understanding the yin and yang of these two nations; and emphasizes the increasingly important links between China, India, and the West. Khanna embraces what he calls a big tent view of entrepreneurship going beyond typical stories of high profile, young executives taking companies public and focusing on social and political entrepreneurs who are redefining the norms of daily activity.

In the book, Khanna sets out to demystify many of the questions that confound foreigners (BusinessWeek), exploring subjects that include each nation s treatment of multinationals, Chinese and Indian managerial talent, and state vs. grassroots approaches to business and entrepreneurship. Khanna s insightful analysis draws on history, economics, and political science, and is humanized by vivid portraits of the lives of individual entrepreneurs, politicians, and activists whom the author has met during his regular visits to each country. He argues that hope for prosperity in both countries lies in the hands of the billions of entrepreneurs who are alleviating social problems and historic tensions, benefiting both countries and the world at large.

According to the Financial Times: What Khanna does do, and does well, is cover vast sociopolitical and economic ground, and provide meaty information derived from conversations with people who have done business in India and China.

Redefining Global Strategy: Crossing Borders in a World Where Differences Still Matter

Why do so many global strategies fail - despite companies' powerful brands and other border-crossing advantages? Seduced by market size, the illusion of a borderless, "flat" world, and the allure of similarities, firms launch one-size-fits-all strategies. But cross-border differences are larger than we often assume, explains Pankaj Ghemawat in "Redefining Global Strategy". Most economic activity - including direct investment, tourism, and communication - happens locally, not internationally. In this "semiglobalized" world, one-size-fits-all strategies don't stand a chance. Companies must instead reckon with cross-border differences.Ghemawat shows you how - by providing tools for: assessing the cultural, administrative, geographic, and economic differences between countries at the industry level and deciding which ones merit attention. Tracking the implications of particular border-crossing moves for your company's ability to create value. Creating superior performance with strategies optimized for adaptation (adjusting to differences), aggregation (overcoming differences), and arbitrage (exploiting differences), and for compound objectives. In-depth examples reveal how companies such as Cemex, Toyota, Procter & Gamble, Tata Consultancy Services, IBM, and GE Healthcare have adroitly managed cross-border differences - as well as how other well-known companies have failed at this challenge. Crucial for any business competing across borders, this book will transform the way you approach global strategy.

The First 90 Days in Government: Critical Success Strategies for New Public Managers at All Levels

More than 250,000 public sector managers in the United States take on new positions each year and many more aspire to leadership. Each will confront special challenges—from higher public profiles to a greater number of stakeholders to volatile political environments—that will make their transitions even more challenging than in the business world.

Now Michael Watkins, author of the bestselling book The First 90 Days, applies his proven leadership transition framework to the public sector. Watkins and coauthor Peter Daly address the crucial differences between the private and public sectors that go to the heart of how success and failure are defined, measured, and rewarded or penalized.

This concise, practical book provides a roadmap that will help new government leaders at all levels accelerate their transitions by overcoming nine transition challenges, ranging from clarifying expectations to defining goals to building a team to managing personal stress. The authors also offer detailed strategies for avoiding major "transition traps." Zeroing in on the challenges faced by new government leaders, The First 90 Days in Government is the indispensable guide for anyone seeking to lead and succeed in the public sector.

Dragons at Your Door: How Chinese Cost Innovation Is Disrupting Global Competition

The new competitive challenge from Chinese businesses is like nothing seen by Western companies since the Japanese arrived twenty years ago with their cars and consumer electronics. To fend off these fierce competitors, managers must forget yesterday's image of Chinese companies as producers of cheap, low-quality imitations flooding world markets. In fact, by strategically implementing what the authors call cost innovation, Chinese firms are advancing into high-end products and industries and competing for such high-value activities as engineering, design, and even R&D. The first book to examine this new competitive force, "Dragons at Your Door" exposes the strategies, strengths, and weaknesses of these fast-rising Chinese competitors, surfaces the underlying logic that enables Chinese firms to attack high-end industries, and provides critical new insight into these very different competitors.

India's Global Powerhouses: How They Are Taking on the World

When the Indian auto manufacturer Tata Motors bought the iconic Jaguar and Land Rover brands - complementing the Nano, its own innovative $2,500 car - it opened up a new chapter in India's economic story. In the coming years, such Indian multinationals as Bharat Forge, Hindalco, Infosys, Mahindra, and Suzlon will increasingly be making acquisitions and building their brands in Western markets.

Never heard of them? Then read this book. India's Global Powerhouses introduces you to the India's preeminent global companies and explains how they differ from their international rivals. The book profiles India's pioneering multinationals in detail, describing their transformation from leading domestic players to evolving global giants, as well as their unique approaches to globalization.

Every manager should understand the histories and the business trajectories of these prospective competitors, collaborators, and customers - whose names will soon be as familiar to us as Honda, Lenovo, and Samsung.

The Knowledge-Creating Company (Harvard Business Review Classics)

In a world where the only certainty is uncertainty, the one sure source of lasting competitive advantage is knowledge. The best companies survive by consistently creating new knowledge, disseminating it widely throughout the organization, and quickly leveraging it in their business processes and their products.

In The Knowledge-Creating Company, Ikujiro Nonaka shows how your company can exploit its knowledge to continually innovate and reinvent itself in the face of relentless change.

Harvard Business Review on Doing Business in China (Harvard Business Review Paperback Series)

All eyes are on China. Home to a quarter of the world's population, China's rapid growth, expanding openness, and developing consumer market have made the region a hotbed of opportunity-and risk-for today's multinationals.

Harvard Business Review on Doing Business in China offers a timely and insightful analysis of what it will take to successfully do business in twenty-first-century China. Featuring eight articles, each written by experts in Chinese business and culture, HBR on Doing Business in China explores issues including:

-The possibilities and pitfalls multinationals face in the newly opened Chinese domestic market

-The unique cultural and social factors that govern the buying preferences of Chinese consumers

-The deep-seated cultural traditions Westerners must understand to negotiate successfully with the Chinese

-The emergence of Chinese brands as powerful rivals in the global market

-Strategies for entering and winning in China as competition- both local and global-heats up

On Competition

On Competition, a collection of works by Michael E. Porter, is a critical examination of the dog-eat-dog international economy. A Harvard Business School professor, Porter is one of the most respected and innovative economists of his time. Author of 15 books, he advises key elected officials and business leaders in all parts of the world. On Competition features 13 of his best articles over the past 15 years, including 2 new ones. The essence of Porter's message is that every company, country, and person must master competition to thrive in brutal international and domestic economies. Competition is the key to excellence. Worried about losing your job or your services becoming obsolete? Porter believes that a little fear is good for everyone. "Companies that value stability, obedient customers, dependent suppliers and sleepy competitors are inviting inertia and, ultimately, failure," he writes in his 1990 study and essay "The Competitive Advantage of Nations." Porter is a longtime critic of the short-term thinking on Wall Street that often stifles competition and hurts the economy. In "Capital Disadvantage: America's Failing Capital Investment System," he calls for much lower capital-gains rates for people who invest for the long term. He also urges investors and businesses to start thinking together. He contends that pension funds and institutional investors should get a greater say over the companies they own. It's wacky to have company directors with little expertise or financial interest in the company, he writes.

Porter is often unconventional and asserts that businessmen must be, too. In his essay "Green and Competitive," he shows little sympathy for businesses that complain about environmental regulations. Rules to protect the environment don't have to strangle companies--they can actually improve productivity with the right attitude and approach. Rhone-Poulenc, a French chemical and drug company, proved this when it stopped incinerating a certain byproduct and began selling it as an additive for dyes and tanning. Readable and provocative, On Competition is vital for business, government, and financial leaders as well as small-business people and investors. --Dan Ring

For the past 15 years, Michael Porter's work has defined our fundamental understanding of competition and competitive strategy. Presented here for the first time as a collective whole are a dozen articles; two entirely new articles and ten of Porter's articles from the Harvard Business Review, as well as a framing introduction from Porter. As a collection, these essays assume a new strength and significance, with each piece augmenting and supporting a complete picture of Porter's perspective on modern competition. To read through this collection is to experience Porter at work: we see first hand as his important theories take shape, deepen, and evolve over time. Organized around three primary categories: Competition and Strategy: Core Concepts, The Competitiveness of Location, and Competitive Solutions to Societal Problems, these articles develop the building blocks that define competitive strategy as we know it. With his unique ability to bridge economics with management, Porter addresses the important issues of competition, from its relationship with environmental regulation to the counterintuitive role of geography in the global economy. At once eloquent and convincing, the enduring nature of these essays helps us to examine and understand the essence of competition. Among them are three McKinsey Award winners as well as the award-winning "The Competitive Advantage of Nations" and "The Competitive Advantage of the Inner City." This comprehensive volume represents the full scope of Porter's influential work with the Harvard Business Review. BACKCOVER "[Porter's] mission is to bring about an intellectual revolution: to infuse management with the rigour of economics; to elaborate upon economics with examples taken from real life; and, thus, to create a discipline that will enlighten academics and business practitioners alike." -The Economist "Michael Porter...is widely accepted as the world's most influential thinker on business strategy... Economics undergraduates, MBA students and business school lecturers all follow his work avidly, while managers search his books for clues on how to gain competitive advantage." --People Management "Porter is almost single-handedly laying to rest one of the most enduring tenets of international economics: the principle of comparative advantage. In its place he has developed an exhaustive theory of competitive advantage, one that he is using to teach companies, cities, regions, and nations-and, most recently, groups of nations acting in concert-how to compete on the world stage. Porter travels the globe to advise nonprofit institutions, corporate chieftains, and heads of state."--WorldBusiness