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This book presents a framework for a different type of profitable growth for multinational companies in emerging markets: scaling the tail. This model focuses on specialized market niches, flanking particular segments and product-categories, developing deeply nuanced localization strategies, and installing supportive management systems.
Creative, bold and contrarian. Scaling the Tail up-ends conventional wisdom about how to succeed in emerging markets and offers a fresh new formula for profitable growth. - Peter Williamson, Hon. Professor of International Management, University of Cambridge, UK
This book brilliantly explains the strategy and practice of 'profitable growth,' providing the details about its implementation and myriad examples from the emerging economies. No company can ignore its recommendations in this hyper-competitive environment. - Mauro F. Guill?n, Zandman Professor and Director of the Lauder Institute at the Wharton School, USA
A timely sequel to Rough Diamonds: Park, Ungson, and Cosgrove have detailed a new roadmap for both multinationals and local stalwarts to compete more effectively in emerging markets. I highly recommend this book because these authors are the thought leaders for identifying what is happening in emerging markets, and they understand the dynamic nature of the emerging market environments. - Marjorie A. Lyles, President, Strategic Management Society and OneAmerica Chair Professor, Indiana University Kelley School of Business, USA
As a leader in global consumer goods industry, we have firsthand experience with the pressures of sustaining growth in an increasingly competitive global marketplaces. Scaling the Tail clearly illustrates the key strategies and actions that multinational firms can take to ensure that they are in the group of high-performers in emerging markets. - Ehab Abou Oaf, Asia Pacific President, Mars Chocolate
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