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'Globality': Why Companies Are Competing with Everyone from Everywhere for Everything

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Uploaded by on Nov 20, 2008

Tata Motors, Embraer and Good Baby make vastly different products, but they have one thing in common: They are among a new breed of emerging-market companies that are reshaping global business. In GLOBALITY: Competing with Everyone from Everywhere for Everything, authors Harold L. Sirkin, James W. Hemerling and Arindam K. Bhattacharya contend that the old model of globalization is evolving into a new phase in which "challengers" from rapidly developing economies such as Brazil, India, China and Russia are competing with incumbent Western giants and growing at a staggering 30% per year. In this video special report, Sirkin, a senior partner and managing director at The Boston Consulting Group, and Wharton faculty discuss the factors that are contributing to this shift and what it means for companies hoping to compete in the 21st century.

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  • Hope the book is interesting

  • Great video, was shown to me by a Global Business class at Kaplan University,

  • As long as the largest companies continue to rely on the (by now defunct) formula of cost leadership (someone will always be cheaper) + product differentiation + incremental innovation, this trend will continue.

    Cost is a wicked mistress. It limits the ability to dive deeper, look for new insight, and deliver on this in a uniquely branded manner. That is not to say cost is irrelevant, its just consumers seek more.

    New players can do both, low cost without cheapening out:-)

  • very informative..nice

  • Exploitation & uneven environmental rules remain big problems.

  • Globality can make sense as long as governments don't interfere with protectionism in favor of local companies...

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