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The article at hand The Cosmopolitan Corporation Global - success requires that companies
appreciate diversity and distance rather than seek to eliminate them written by the Anselmo
Rubiralta Professor of Global Strategy at the IESE Business School in Barcelona and author of
World 3.0 Pankaj Ghemawat, was published in the Harvard Business Review in 2011 on the
pages 92-99 and deals with Ghemawats opinion that rooted cosmopolitans, in general, are more
lifelike and practical than statelessness.
Pankaj Ghemawat states that majority of organizations are ingrained in their home countries.
Even those companies that are assumed as being highly acting global are this usually not.
Therefore the author speaks of the World 3.0, a world which does not try to abolish differences
and distances among other influences such as people, cultures, and places, but to comprehend
them. Moreover he thinks that the key is to understand them.
A method to analyse and understand this cosmopolitan problem is to utilize a rooted map,
which uses measures as, for instance, inhabitants of one state and the GDP and is then
compared with other parts of the world in order to identify the rate of growth or size.
Equally important to mention are also three, to the author important, ways which lead, in
combination of each, to adding value; namely the AAA strategies. This AAA strategies
include the match of differences between countries and the respond regional needs (adaption),
the effort to cope with differences in order to gain economies of scale and scope internationally
(aggregation) and last but not least the exploiting of differences by getting something for a low
price in one country and selling it for a higher price in another country (arbitrage).
Furthermore the Professor of Global Strategy states that a firm can give...
the discussed topic. The reader starts to believe that the problems exists
and...
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