Winning in Emerging Markets: A Road Map for Strategy and Execution About the Book : - The best way to select emerging markets to exploit is to evaluate their size or growth potential, right? Not according to Tarun Khanna and Krishna Palepu. In Winning in Emerging Markets, these leading scholars on the subject present a decidedly different framework for making this crucial choice. The authors argue that the primary exploitable characteristic of emerging markets is the lack of institutions (credit card systems, intellectual property adjudication, data research firms) that facilitate efficient business operations. While such institutional voidspresent challenges, they also provide major opportunities for multinationals and local contenders. Khanna and Palepu provide a playbook for assessing emerging markets potential and for crafting strategies for succeeding in those markets. They explain how to: Packed with vivid examples and practical toolkits, Winning in Emerging Markets is a crucial resource for any company seeking to define and execute business strategy in developing economies. About the Authors : - Tarun Khanna is the Jorge Paulo Lemann Professor at Harvard Business School and the author of Billions of Entrepreneurs: How China and India Are Reshaping Their Future and Yours. Krishna Palepu is the Ross Graham Walker Professor of Business Administration and senior associate dean for international development at the Harvard Business School. |
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I've used this to develop a deeper emerging markets strategy for my company. It's nice to find authors like Krishna Palepu and Tarun Khanna who understand that not all emerging markets are alike.
Contents
Conceptual Introduction | 10 |
Three Exploiting Institutional Voids as Business Opportunities | 53 |
Seven The Emerging Arena | 203 |
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ability acquire acquisitions adapt advantage Attempted banks Blue River Boston brand Brazil build business models Business School Publishing buyers capital challenges chapter China collaborate company executive compete competitive consumers corporate costs credibility customers developed markets difficult distribution domestic economies emerging giants emerging market-based emerging markets enter established example existing exploit face facilitate fill financial firms first foreign Fung global Group growth Haier Harvard Business School home markets identify India industry infrastructure initially institutional voids intermediaries investment knowledge Krishna labor Limited logistics look market context Microsoft move multinationals Note offer operations opportunities organizations Palepu particularly partnerships product market providers Replicate Responding retail segment sellers serve sought standards strategy successful suppliers TABLE talent Tarun Khanna Tata Group Tata Motors tion transaction United venture