Authors: J. Jeannet
ISBN-13: 9780273632764, ISBN-10: 0273632760
Format: Hardcover
Publisher: FT Press
Date Published: March 2000
Edition: 3rd Edition
Jean-Pierre Jeannet has some 25 years experience in executive education. He has spent the last 10 years researching global marketing and global business strategies. Many of the concepts in the book come from his teaching at IMD, Lausanne and Babson College, Massachusetts, as well as the many executive programs for international and global firms. He has first-hand experience in guiding international firms in their strategy making and ample opportunities to test those concepts in real situations.
The new global economic order with its new global imperatives requires substantial changes in the practice of management. Adapting to these changes requires a huge fundamental shift. When companies change so must their managers.
Foreword | xi | |
Preface | xix | |
Section 1 | Introducing the global mindset | |
1 | Introduction: the global imperative | 3 |
To whom does globalization apply? | 3 | |
Global logics: the key to understanding the global imperative | 5 | |
The reality of the global economy | 7 | |
The need for a new managerial mindset | 10 | |
Accommodating the global imperative | 11 | |
Implementing global mindsets | 15 | |
2 | The need for global minds | 19 |
Development from trading to globalized economy | 19 | |
Drivers of the global economy | 23 | |
Impact of the global economy on business and managerial practice | 27 | |
3 | From domestic to global thinking: five generic mindsets | 33 |
The domestic mindset | 33 | |
The international mindset | 36 | |
The multinational mindset | 38 | |
The regional mindset | 39 | |
The global mindset | 40 | |
Section 2 | Global analytical skills: analysing and understanding global logics | |
4 | Finding the sources of global logic within the customer base | 45 |
Global customer logic | 46 | |
Understanding global purchasing logic | 48 | |
Global information logic | 52 | |
5 | Finding global logic in industry and in the competitive environment | 55 |
Global competitive logic | 55 | |
Global industry logic | 58 | |
Global size logic | 61 | |
Global regulatory logic | 64 | |
6 | Assessing patterns of global logic | 67 |
Selection of generic global logic dimensions | 67 | |
Measuring global logic intensity | 68 | |
Assembling global logics into meaningful patterns | 70 | |
Global logic trends over time | 76 | |
Implications for global strategies | 80 | |
Section 3 | Global market assessment | |
7 | Understanding the global chessboard | 83 |
Mapping out the global chessboard | 83 | |
Building chessboards by industry/company | 87 | |
Appreciating the value of a single-country market | 88 | |
Projecting the chessboard into the future | 89 | |
Recent upheavals in the global chessboard | 90 | |
The concept of a "must win" market | 92 | |
Summary | 93 | |
8 | Spotting global trends | 95 |
Detecting lead markets | 95 | |
Industries and lead markets | 98 | |
Implications for global mindsets | 100 | |
Implications for global firms | 101 | |
Summary | 103 | |
Section 4 | Global strategic skills | |
9 | Selecting pathways to globalization | 107 |
Generic internationalization pathways | 107 | |
Pathways to global strategies | 109 | |
Summary | 117 | |
10 | Generic global business strategies | 121 |
Superficial global business strategies | 121 | |
Partially global business strategies | 125 | |
Global functional strategies | 131 | |
Summary | 136 | |
11 | Adopting generic global business strategies | 139 |
Generic global marketing strategies | 139 | |
Fitting generic global strategy options | 145 | |
Crafting generic global strategies | 147 | |
12 | Prioritizing generic global strategies | 155 |
Identifying the globalization gap | 156 | |
Facing multiple spiderwebs | 157 | |
Playing the resource game: global focus or niche strategies? | 157 | |
The role of the global dimension | 165 | |
Section 5 | Implementing global mindsets | |
13 | Organizational concepts for global mindsets | 171 |
Defining geographic organizational mandates | 171 | |
Maximizing global leverage | 179 | |
Moving toward a globalized organization | 186 | |
14 | Building global minds for individual managers | 189 |
Components of the global mindset | 189 | |
Acquiring key market knowledge | 190 | |
Understanding the global superstructure | 194 | |
Cross-cultural skills | 195 | |
Cultural roots for global mindsets | 197 | |
The spirit of generosity | 197 | |
15 | Implementing corporate global mindsets | 199 |
Diagnosing the corporate global mindset | 200 | |
Fit with global logic | 205 | |
Expanding and building global corporate mindsets | 206 | |
16 | Practicing global mindsets | 215 |
Step 1 | Charting the global opportunity | 215 |
Step 2 | Assessing the global logic pattern | 220 |
Step 3 | Global generic strategies | 223 |
Step 4 | Selecting generic global functional strategies | 225 |
Step 5 | Making the global resource trade-off | 226 |
Step 6 | Diagnosing global organizational requirements | 229 |
A process for engaging in global mindsets | 233 | |
Epilog | 235 | |
Index | 237 |