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Winning in Emerging Markets: A Road Map for Strategy and Execution: Introduction
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-7602BC-EStrategyThis introduction is excerpted from #13216Starting at €8.20
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The Emerging Arena: An Agenda for Developing and Executing Strategy in Emerging Markets
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-5913BC-EStrategyEmerging markets have garnered news headlines and have figured prominently in the strategies of companies and investment funds of all kinds. Many of these markets are already among the world's largest economies and are poised to be critical drivers of the global economy in coming decades. How can your company ensure that it makes the right strategic choices when it comes to doing business in emerging markets? In the final chapter of their book "W...Starting at €8.20
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Emerging Giants: Competing at Home-How Emerging Market-Based Companies Can Build Competitive Advantage at Home
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-5911BC-EStrategyUnshackled by economic liberalization, domestic companies in emerging markets are aggressively pursuing growth opportunities at home and abroad and thriving in the global marketplace. These "emerging giants" have the distinct advantage of understanding and operating directly in local markets and developing capabilities accordingly. But increasingly, these companies face enormous pressure from foreign multinational competitors and the lack of key ...Starting at €8.20
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Exploiting Institutional Voids as Business Opportunities: How to Gain Competitive Advantage in Emerging Markets
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-5906BC-EStrategyIn developed economies, dozens of institutions-like credit card systems, market regulation, and comprehensive market research-facilitate the smooth functioning of markets. Developing economies, on the other hand, present unique challenges for companies precisely because they lack these crucial intermediary institutions. While institutional voids are the source of many obstacles to doing business in emerging markets, they can also be a source of a...Starting at €8.20
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Emerging Giants: Going Global-How Emerging Market-Based Companies Can Overcome Barriers to Competing Abroad
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-5912BC-EStrategyDomestic companies in emerging markets are giving multinationals competing in the same markets a run for their money. "Emerging giants" like Tata Motors in India and Haier in China aspire to be world-class competitors, but their home country origins present unique obstacles. It is difficult for them to compete with world-leading players, particularly in developed markets, in part because of institutional voids at home that limit their access to c...Starting at €8.20
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Multinationals in Emerging Markets: Making the Right Strategic Choices in the Face of Insufficient Institutional Support
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-5907BC-EStrategyEmerging markets are playing pivotal roles in the strategies of multinationals based in developed markets-and have for some time. Despite the advantages enjoyed by these multinationals-in scale, brand recognition, technology, etc.-these companies face two major challenges in emerging markets: the prevalence of institutional voids-or the absence of key intermediary institutions like credit card systems, market regulation, and intellectual-property...Starting at €8.20
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Spotting and Responding to Institutional Voids: Identifying Opportunities in Emerging Markets
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-5905BC-EStrategyThe trick to defining and executing business strategy in emerging markets? Identifying the key institutions missing from developing economies-like absent or unreliable sources of market information, an uncertain regulatory environment, or inefficient judicial systems-and building businesses that will help fill those voids. This chapter, from the book "Winning in Emerging Markets" by two experts in the field, equips managers with toolkits to spot ...Starting at €8.20
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The Nature of Institutional Voids in Emerging Markets: Why Markets Fail and How to Make Them Work
Khanna, Tarun; Palepu, Krishna G.Book Chapter HBS-5904BC-EStrategyConventional wisdom holds that the best way to select an emerging market to exploit is to evaluate its size and growth potential. Not so, according to the authors-two leading experts on the subject. The primary exploitable characteristic of an emerging market is actually the lack of institutions (like credit card systems, intellectual property adjudication, and data research firms) that facilitate efficient business operations. But while such ins...Starting at €8.20