Drivers of Global Business Success: Lessons From Emerging Markets20071Editied by F. Zeynep Bilgin, Ven Sriram and Gerhard A. Wuhrer. Drivers of Global Business Success: Lessons From Emerging Markets. New York, NY: Palgrave Macmillan 2004. 298 pp., ISBN: 9781403917010

2007 ◽  
Vol 41 (1/2) ◽  
pp. 223-225
Author(s):  
Shichun Xu
Author(s):  
Benjamin Jones ◽  
Daniel Campbell

Winner of the 2014 EFMD competition for best African Business case.In the 1990s, two entrepreneurs made daring, early entries into mobile telecommunications in Sub-Saharan Africa, both seeing great market opportunities there. One firm, Adesemi, would ultimately go bankrupt. The other firm, Celtel, would ultimately succeed and make its founder, Mo Ibrahim, a star of the global business community. Why the difference in outcome? Emerging markets often present weak rule of law, bringing many challenges to business success—from the demand for bribes to regulatory obstacles, hold-up problems, and even civil war. This case explores strategies that can limit these critical non-market risks in foreign direct investment and entrepreneurship. Students will step into the shoes of both companies by exploring their entry strategies, wrestling with the challenges they faced, and diagnosing the reasons why a shared insight about a new business opportunity turned out to be prescient—and led to extremely different endpoints. Identify key challenges to successful entrepreneurship in emerging markets Evaluate government officials or competitors that might trigger regulatory obstacles or hold-up problems Evaluate potential allies that can help avoid these problems Assess strategies to avoid paying bribes Understand the importance of incentive alignment in directing investment success, even in the face of difficult challenges Identify and appraise the strategic value of partnerships with development agencie


2019 ◽  
Vol 8 (2) ◽  
pp. 308-341
Author(s):  
Timothy De Waal Malefyt ◽  
Robert J. Morais

The second Global Business Anthropology Summit was held May 28-29, 2019 at Fordham University in New York City. The 2019 Summit brought together 160 industry practitioners and academic scholars to build upon the work of the 2018 Summit. The 2019 Summit was explicitly and emphatically forward thinking and action oriented to advance anthropological ideas in business. Its broad aims were to (1) advance thinking on the value of anthropological perspectives in business; (2) generate ways to spread appreciation of our work to academics, students, industry leaders, and the general public; and (3) build community among scholars and practitioners. The Summit's plenary panels and workshops demonstrated how anthropologists penetrate nearly every domain of business and are most adept at handling issues that are humanistic and complex. Throughout the two days, the Summit acknowledged the need to continue to grow the demand for anthropologists in business.


Author(s):  
Norhayati Zakaria ◽  
Asmat-Nizam Abdul-Talib ◽  
Andrea Amelinckx

2017 ◽  
Vol 4 (1) ◽  
pp. 21-41 ◽  
Author(s):  
Michael Harvey ◽  
Miriam Moeller ◽  
Ruth McPhail

The global business environment is new, complex and not well understood by many of the managers having to “learn by doing.” This “on-the-run” learning experience is particularly difficult for female global managers in the South Asian region who may not have the input or support of others as to how to prepare for relocating overseas. The lack of assistance is further exacerbated by the growing importance of large emerging markets. Given limited history with these key emerging markets, some means of accelerating learning and transferring knowledge to the next generation of (global) managers is a necessity. This article examines one means of addressing the need to learn from others more experienced in global business through mentoring. Social comparison theory is used as the theoretical lens by which to examine the mentoring process for global female managers, a type of managerial talent particularly void of organizational structural support. A means for developing a mentoring programme for global female managers is also developed.


2019 ◽  
Vol 29 (4) ◽  
pp. 286-314
Author(s):  
Namporn Thanetsunthorn ◽  
Rattaphon Wuthisatian

Purpose In today’s business world, trust is an essential ingredient for business success, as it serves as a foundation for enhancing a network of positive relationships among businesses, clients, employees and stakeholders. This study aims to shed light on a deeper and more substantial understanding of trust by examining the casual association between national culture and trust. Design/methodology/approach The study empirically investigates the extent to which cultural factors promote and constrain the level of trust using a mixed sample of 46 developed and developing countries observed over the period of 1990-2014. Findings The study provides new empirical evidence that trusting behavior is explained systematically by national culture. Countries with high individualistic and high long-term oriented cultures are the most favorable environment that fosters trust among people in society. In contrast, individuals from countries with the expression of high power distance and high uncertainty avoidance cultures appear to exhibit less trust in others. Practical implications The study provides managerial implications, especially for managers and management consultants in a global context, regarding the cultural relevance of trust in the new and foreign environment, and the effective management of trust among culturally diverse workforces and business relationships. In addition, the study should serve as a supplemental learning material in the business and management disciplines to demonstrate the essential role of trust in the global business environment. Originality/value The study adds to the existing body of knowledge on trust by offering new empirical insights into how culture plays an influential role in the creation of trust. This serves as a good starting point for academic scholars and practicing professionals to further develop appropriate management strategies and execution plans for managing trust across different cultural settings.


Author(s):  
Bojan Vavtar ◽  
Andrej Škraba

The development of effective organizational systems is one of the most important factors of business success. Radical economic and political changes and the rapid development of the global economic environment trigger public debates in all social structures on the state of entrepreneurial culture, based on generally accepted ethical and legal principles. Ethical business problems have a global dimension and are particularly clearly reflected at the local level of operation. By joining wider social and entrepreneurial structures, Slovenia also accepts global rules of entrepreneurial activity. Growing competition in the global market requires companies to provide superior products, services and ethically and legally correct operations, which is one of the central factors of success in the global business environment. In this paper, we discuss the important relationships between ethics, respect for legal principles and the effectiveness of organizations.


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