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Cover image for The global market : developing a strategy to manage across borders
Title:
The global market : developing a strategy to manage across borders
Series:
The Jossey-Bass business & management series
Publication Information:
San Francisco, Calif. : Jossey-Bass, 2004
ISBN:
9780787968571

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Library
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30000010070269 HF1416 G56 2004 Open Access Book Book
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30000003585027 HF1416 G56 2004 Open Access Book Book
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Summary

Summary

The twin forces of ideological change and the technology revolution make globalization the single most important issue facing executives today. But many companies who have developed a presence in the global market now face the challenges inherent in creating a multinational presence with the demands of the "unglobal consumer" who does not have a "one size fits all" need. Here, HBS Professors John Quelch and Deshpande bring together 13 Harvard Business School professors to discuss these and other problems and benefits encountered by executives in global markets. Topics to be discussed include: operating costs of global advertising and marketing services, global product standards; managing global supply chains; global account management; global brands; global knowledge sharing and performance drivers; managing global customers; and social marketing for global economic development.


Author Notes

John A. Quelch is senior associate dean and Lincoln Filene Professor of Business Administration at Harvard Business School. Between 1998 and 2001 he was dean of London Business School. Quelch is the author or coauthor of sixteen books.

Rohit Deshpandeé is Sebastian S. Kresge Professor of Marketing at Harvard Business School. His primary research interest concerns the impact of corporate culture on global marketing strategy.


Reviews 1

Choice Review

In a groundbreaking article published in 1983, Harvard Business School professor Theodore Levitt argued that increased interaction among countries around the world was causing markets to converge in terms of people's expectations and tastes. He called for multinational companies to develop a global mindset to produce standard products that could be sold at lower prices in all markets. To mark the 12th anniversary of Levitt's influential, albeit controversial, article, the Harvard Business School organized a colloquium. This volume collects 15 articles presented at that colloquium. The authors are predominantly well known academicians from around the globe whose articles run the gamut from supporting Levitt's contention to occupying a position diametrically opposed to it. The editors (both Harvard Business School) do a commendable job of starting the collection with articles that espouse the total organizational perspective with respect to globalization. They meet the needs of practicing managers by packing the second half of the book with articles that describe the role of specific functional areas for firms trying to develop global markets. Case studies of companies such as the France-based Carrefour are used with great effort to support a particular approach to global markets. ^BSumming Up: Recommended. Faculty and practicing managers. R. Subramanian Grand Valley State University


Table of Contents

Richard S. Tedlow and Rawi AbdelalStephen A. GreyserHirotaka TakeuchiLuc Wathieu and Yu Liu and Gerald ZaltmanMorten T. Hansen and Nitin NohriaPankaj GhemawatNick ScheeleHans-Willi Schroiff and David J. ArnoldDouglas B. Holt and John A. Quelch and Earl L. TaylorMartin SorrellAlvin J. Silk and Ernst R. BerndtAnanth Raman and Noel WatsonDavid E. Bell and Rajiv Lal and Walter SalmonDaniel LitvinV. Kasturi Rangan and Arthur McCaffrey
Introductionp. 1
Part 1 Developing the Global Mind-Setp. 9
1 Theodore Levitt's "The Globalization of Markets": An Evaluation After Two Decadesp. 11
2 "The Globalization of Markets": A Retrospective with Theodore Levittp. 31
3 "The Globalization of Markets" Revisited: Japan After Twenty Yearsp. 37
Part 2 Managing the Global Businessp. 79
4 Rooting Marketing Strategy in Human Universalsp. 83
5 Organizing Multinational Companies for Collaborative Advantagep. 92
Part 3 Managing Global Productsp. 113
6 Global Standardization versus Localization: A Case Study and a Modelp. 115
7 It's a Small World After All ... or Is It? The State of Globalization in the Worldwide Automotive Industryp. 146
Part 4 Managing Global Brandsp. 159
8 Strategies for Managing Brand and Product in International Marketsp. 163
9 Managing the Global Brand: A Typology of Consumer Perceptionsp. 180
Part 5 Managing Global Servicesp. 203
10 The Globalization of Marketing Servicesp. 207
11 Cost Economies in the Global Advertising and Marketing Services Businessp. 217
Part 6 Managing Global Supply and Distributionp. 259
12 Managing Global Supply Chainsp. 263
13 Globalization of Retailingp. 288
Part 7 Setting the Global Agendap. 313
14 The Empire Strikes Flak: Powerful Companies and Political Backlashp. 317
15 Globalization and the Poorp. 335
Notes and Referencesp. 361
The Authorsp. 387
Indexp. 395
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