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"Globalization is a fact. You can't stop it; it has already happened; it is here to stay. And we are moving into a new global stage.
A radically new world is taking shape from the ashes of yesterday's nation-based economic world. To succeed, you must act on the global stage, leveraging radically new drivers of economic power and growth. Legendary business strategist Kenichi Ohmae¿who in The Borderless World, published in 1990, predicted the rise and success of globalization, coining the very word¿synthesizes today's emerging trends into the first coherent view of tomorrow's global economy¿and its implications for politics, business, and personal success.
Ohmae explores the dynamics of the new ""region state,"" tomorrow's most potent economic institution, and demonstrates how China is rapidly becoming the exemplar of this new economic paradigm. The Next Global Stage offers a practical blueprint for businesses, governments, and individuals who intend to thrive in this new environment. Ohmae concludes with a detailed look at strategy in an era where it's tougher to define competitors, companies, and customers than ever before.
As important as Huntington's The Clash of Civilizations, as fascinating as Friedman's The Lexus and the Olive Tree, this book doesn't just explain what's already happened: It offers a roadmap for action in the world that's beginning to emerge.
- New economics for a borderless world: Why Keynes' and Milton Friedman's economics are history¿and what might replace them
- Leveraging today's most powerful platforms for growth: From Windows to English to your global brand
- Technology: driving business death¿and rebirth: Anticipating technological obsolescence¿and jumping ahead of it
- Government in the post-national era: What government can do when nation-states don't matter
- Leadership and strategy on the global stage: Honing your global vision and global leadership skills
"
Customer Reviews:
Provides both businesses and governments with a game plan for handling new challenges........2007-01-07
Both business and political science college-level readers seeking to understand the new opportunities and challenges of a closely-knit global community will find THE NEXT GLOBAL STAGE: CHALLENGES AND OPPORTUNITIES IN OUR BORDERLESS WORLD outlines a radical new worldview evolving from the nation-based economic picture of the past. Kenichi Ohmae is a business strategist who published THE BORDERLESS WORLD in 1990, which predicted the rise of globalization: here he explores the new players of this world stage, and provides both businesses and governments with a game plan for handling new challenges.
Diane C. Donovan
California Bookwatch
Good Analysis of Intl Trade by Regions.......2006-06-04
This is a well-written analysis of international trade. The title would be more accurate if changed from "Next" to "Present" Global Stage. Ohmae brings today's trade into clear focus, and (like a geographic economist) helps us understand that "global" trade is indeed limited by regional characteristics such as location, infrastructure, etc. Although nothing dramatically new is found, I would recommend it to students of business or economics to help understand global trade and economics as they "really" occur.
But the actual "Next" global stage will probably not resemble Ohmae's suggestions for less government and more freedom of international exchange rates. It will more likely include such characteristics as John Maynard Keynes' 1944 call for the establishment of a central world bank and a universal currency, the Bancor. Ohmae's suggestion that we adapt English as a universal language is really nothing new either. And his proposed causal relationship between "less government" and . . . "prosperity" in successful regions of the world grossly missed the fact that more powerful "world" governance structures and international compacts and trade agreements in fact have dramatically helped buttress trade and commerce in these very same regions.
But do read it ... it is worth your time and very informative.
Visionary Views of the Evolving Region-State Consistent with Friedman's Flattened World.......2006-06-03
Although globalization is a rich topic worthy of several volumes, it's a bit of a shame that corporate strategist Kenichi Ohmae's book duplicates much of the same thesis of New York Times foreign affairs columnist Thomas Friedman's huge best seller, "The World Is Flat: A Brief History of the Twenty-First Century", a book I admired last year. Both authors deal with the phenomenon of a flattened world, a macro-level regrouping of economic forces which occur periodically on a global basis. Friedman explains that the burgeoning global fiber-optic network has transcended national borders and corporate entities to the point of starting a new structure for the economy, specifically the outsourcing of the U.S. economy's service and information-technology work to India and other developing nations. Based in Asia, Ohmae is obviously not as keen on outsourcing but more on the factors that have made outsourcing so attractive to the U.S., i.e., why has such hubs of cost-effective productivity sprouted in Asia. This is how his orientation differs from Friedman's.
The author's personal observations come from his work with individual companies in India, China, and Japan. From this perspective, he believes strongly that one of the most important developments for the future is the emergence of "region-states". The antiquated concept of "nation-states", along with the accompanying protectionism related to such political sovereignty, is being rendered obsolete in the global economic marketplace. As borderless centers of economic activity, "region-states" have all the practical building blocks for growth, such as a sizable population and an efficient transportation infrastructure. Ohmae points out that such entities can be seen forming in the Shuto-ken (Greater Tokyo) metropolitan area of Japan and Guangzhou (Canton) in China. They exhibit viable socio-economical units that create what Ohmae calls a "virtuous circle", i.e., an openness to outside ideas and people with various backgrounds and skills. This is the cultural characteristic the author considers vital in order for companies to thrive.
On a broader plain, there are a number of defining features to "region-states", chief among them the expeditious flow of communications and capital, which obviously attracts corporations and consumers. What Ohmae does well is paint a picture of the global economy not only driven by new technologies but also where knowledge has become the new currency. He is particularly insightful into how the future may look if the transference to the "region-state" fully occurs. Corporate leaders will need to be visionaries rather than just bottom-line-oriented consensus-builders, and strategy has to be mapped out to make greater sense of the chaotic new world. The author rather idealistically states that what will have greater value for leaders is sharpening their predictive skills in ascertaining upcoming trends, innovating quickly without all the data normally expected, and creating an environment where the norm is changing circumstances and extracting relevant information out of the clutter. I think Ohmae would have somewhat more credence if he could have given more practical advice on how to do this other than encouraging them to walk into the light. Nonetheless, his book makes for stimulating reading on the dynamic transformation in progress.
read 'the world is flat' instead.......2006-05-24
this book is very similar in scope and theme with the world is flat, you may almost think one copied from the other, but this book's info and presentation are much inferior, the world is flat is a much more enjoyable and informative read
The Next Stage Is Here Now.......2006-04-30
Yes, this is a borderless world in many respects and these boundaries will continue to thin. Author Keniche Ohmae has
been around, writing "The Borderless World" in 1990, among
other books. He's studied and researched economic global interdependence and its ramifications for many years, having written his first piece of work in the early 1970s. Some of
his point from his book "The Next Global Stage" are:
Concept of the Region State:
This trend had been in the making for a long time. Author
Ohmae has devoted a sizeable portion of "The Next Global Stage" to this topic. Economic interests of a region have been, are now, and will continue to supersede governmental nation-state interests. Mr. Ohmae listed several regions (cities and geographical areas) that are currently experience and will continue to see tremendous growth and prosperity. This growth is happening literally right in front of us. Everyday I see
the changes. I live in one of these cities noted by Ohmae and see the physical, attitudinal, and economic changes, first-hand. It's an education to observe and experience this
rapidity of transformation.
Although I do believe in a rising tide lifting all the boats, this rapidly expanding pie isn't all-inclusive, as it can't realistically be in the real world. I personally see major outsourcing, 100% Foreign and Joint Venture investing, Capital Flight, and FDI to build infrastructure and provide training
for local employees and feed a local tax base. I do believe this is a win-win situation for most. Not every case is however, win-win. Currently in Vietnam for example, certain foreign companies negotiated with the government to build factories and pay local workers below minimum wage. Two governments were competing for these companies, and the
cheapest labor costs attracted them to come. The result: strikes because of bare-subsistence wages and long working
hours to the point of exhaustion. This book, like most,
focuses on only certain portions of the pie.
The Post National Era:
The diminishing significance of national governments and the lessening role of the nation-state has become abundantly clear as of 2006. This phenomenon is still evolving from its incipient stages. As global economic interdependence and international economics and trade become the primary issues
and concerns in the relationship between two or more countries (nation-states), one question to consider is: what will be the role of the political governments?
It's not a simple question, but the answers are practical. Governments will facilitate trade relations, protect the
general interests of the nation-state with issues such as currency valuations, protect its population (workers) and *certain* industries. This is the role of a Fiduciary. Governments will increasingly utilize economic policy and
trade more and more as leverage, when necessary. And much moreso than in the past.
We should ask, as the world flattens, "Whose interests are
being served?" Industries and corporations? Or individuals? The answers should be both, and the symbiotic ratio should be scrutinized. Is the individual a participant, or a voyeur?
Are these two mutually exclusive? No.
There are many positives to the next global stage we are entering. One benefit, is mobility. Fortunate in some circumstances are the industries that are much more mobile
and have the ability to relocate and operate, produce, and manage, elsewhere. An example noted by Ohmae was the current U.S. administration's stance on stem cell research. Stem cell research is highly restricted to placate the far-right-wing Christian conservative base. However, the U.S. is not the
only option for these companies, and some have relocated
outside of the U.S. to do R & D. These domestic as well as
other foreign companies are making gains in their research. Pacifying a domestic political base had not only local and domestic consequences, but also allowed for a global
alternative and consequences. Decades ago, it wouldn't
have been so easy. There is choice, with more transparent borders. Ohmae discusses what we are latently aware of, and
the beauty of this book is that he gets deeper into the mechanics, and more importantly to where we are headed in the near and long-term future. Ending agricultural subsidies
seems prudent. Many still resist in this. In the future,
they may or may not. A good point the author reminded us of
was the the fear of Japan by the U.S., not so long ago. "Look out. The Japanese are buying everything." Not so, today.
The world has changed, and nations and industries that adapt will survive and prosper. Those that don't constantly adapt, will die out. Now, after years of dismal circumstances, Japan is on the rebound, according to most. What is the number one reason: Japan changed. They had to. We all have to. The
Post National Era = Less Influence of Keynesian Economic Policy. As the world has evolved this makes sense. "The
Next Global Stage" is a highly recommended, informative,
great read.
Average customer rating:
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Global Tensions: Challenges and Opportunities in the World Economy
L. Beneria
Manufacturer: Routledge
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Making Globalization Work
ASIN: 0415934419 |
Book Description
Violent anti-globalization protests in Seattle and Genoa focused attention on the growing resistance to free trade and the world's market economy. Global Tensions takes a close look at the challenges posed by the processes of globalization at the beginning of the twenty-first century. Composed of original essays by renowned scholars, this volume explores controversial topics such as free trade, women's rights, labor standards, and the World Trade Organization. Each of the authors presents a critical evaluation of globalization and its ramifications, including problems that have yet to be addressed.
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The New Economy in Development: ICT Challenges and Opportunities (Technology, Globalization and Development)
Manufacturer: Palgrave Macmillan
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ASIN: 0230001467
Release Date: 2006-12-26 |
Book Description
The New Economy in Development presents conceptual and empirical analyses of the opportunities offered by information and communications technologies (ICT). By focusing on the interrelationships between ICT, services, globalization, international agreements and broader development goals, the volume offers a range of policy options for harnessing ICT for development. Contributors include scholars and policy makers from international organizations, and the chapters include understudied cases from Africa, Latin America, Eastern Europe, and Asia.
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Globalization And East Asia: Opportunities And Challenges
Manufacturer: International Business Press
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ASIN: 0789027445 |
Book Description
Learn to apply the strategies used in East Asia's phenomenal economic expansion
The phenomenal economic growth of many countries in East Asia has no historic parallel. Globalization and East Asia: Opportunities and Challenges examines different aspects of the economic performance of the region over the past three decades, with a focus on what it takes to replicate the experience elsewhere. Nineteen of the finest presentations from the 12th International Conference of the International Trade and Finance Association in Bangkok, Thailand, have been carefully selected and revised by their expert authors, providing powerful, practical economic development approaches that can be used to develop other economies.
This comprehensive volume presents an insightful four-part view of the intricate economic workings of East Asia. The first part introduces the distinctive qualities of the policies that sparked economic growth and development. Part two provides comparative studies of different countries and industries in the region and an in-depth study of the East Asian area over the past fifty years. Part three presents sector specific studies within several countries, focusing on international finance. The fourth part spotlights important industry-specific elements and explores the future of globalization in relation to its effects on East Asia. Each chapter is extensively referenced, and several use tables and charts to clearly reinforce crucial points.
Globalization and East Asia includes topics such as:
the characteristics of East Asian economic growth—and how other areas will benefit
the rapid economic growth of the region since the end of World War II
an evaluation of efficiency and leveraging of assets comparing the United States and the Four Dragon (FD) industries
structural weaknesses within Asian countries
trade flows between the United States and Thailand— a bilateral study
the progress of APEC's environmental cooperation
financial resource flows during the 1990s
Malaysian financial markets and the Asian financial crisis
China's economic transition and exchange rate policies
the use of dual production theory as a model in the world economy
Thailand's telecommunications sector—and how it provides illustration for other sector specific industries in developing countries
development of bilateral trade negotiations between the United States and Vietnam
the status of United States apparel imports
Globalization and East Asia is important, insightful reading for researchers, scholars, and professionals specializing in regional economics and economic development.
Book Description
This volume examines the emergence of the movement of resistance that has arisen to challenge neoliberal forms of globalization. The co-authors of this book describe how workers, environmentalists, human rights activists, and a wide variety of other groups have joined together to protest against institutions such as the WTO, the IMF, and the World Bank. Ongoing challenges facing the movement are objectively reviewed. Authors also highlight the continuing vitality of the movement in the post 9/11 period. By providing a collection of social scientific analyses, this volume significantly advances our understanding of what is probably the most important progressive movement of our time.
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- a superb look at e-commerce in emerging markets
- Bridging the e-business divide
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Electronic Business in Developing Countries: Opportunities and Challenges
Manufacturer: Idea Group Publishing
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Binding: Hardcover
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ASIN: 1591403545 |
Book Description
Most of the literature covering electronic business focused on the developed world. Electronic Business in Developing Countries: Opportunities and Challenges provides a chance to get to know more electronic business applications, successes, failures, challenges and opportunities in the developing world. These studies are gaining importance for future development of globalization, global trade and cultural dissemination.
Electronic Business in Developing Countries: Opportunities and Challenges tackles these issues with a vision to the future on how to bridge these gaps and the barriers between the different corners of the world.
Customer Reviews:
a superb look at e-commerce in emerging markets.......2006-01-26
This is an excellent addition to the literature on electronic business, obviously focusing on this activity in emerging markets. The book contains twenty individual studies of electronic commerce of various kinds (B2B, B2C, electronic banking, electronic brokerage) in emerging markets ranging from India to Egypt to Eastern Europe. The individual chapters almost all provide valuable new empirical evidence on the extent of e-commerce in the different countries, the barriers faced in building up such business in emerging markets, and a number of suggestions about how firms should proceed to take advantage of e-commerce in their own contexts.
The studies by Sridhar and Sridhar on India and by Pucihar and Podlogar on Slovenia exemplify the careful and detailed analyses in this book. The India study presents a conceptual model of e-commerce adoption and then provides a series of empirical examples of firms and levels of activity that show how e-commerce is growing and what the limitations are in that country. The Slovenia study by contrast uses an interview methodology to study e-commerce activity of 119 large firms in that country. In each instance the authors have given a well-documented analysis of the question of e-commerce penetration of the two countries.
I was interested to see how on-line job recruitment is growing in Egypt, based on the study by Nahed Azab. It sounded like a parallel to the situation in the US, with the additional restrictions of a lower level of internet penetration, higher costs of gaining access to the on-line job market, and some degree of resistance to this vehicle. The path model tested by Azab is logically structured and appropriately tested to evaluate a series of hypotheses concerning technology acceptance in Egypt. Though it is not clear how the sample of 124 people were chosen to respond to the author's questions, the demographics are interesting, and the responses are certainly useful.
There are no ultimate conclusions presented in this project. Kamel's introduction summarizes the papers that constitute the book, but he draws no conclusions other than to say that the empirical content of the papers will give us a better understanding of the limitations and opportunities for e-commerce in emerging markets. He is right in making this claim, though I would have liked to see some more detailed thought about the implications of this situation for companies and for government policymakers. The empirical evidence, in any event, really offers a wealth of new information and knowledge to the reader.
Bridging the e-business divide.......2005-10-19
This is a long awaited book that fills the gap in books relating to e-business in the developing world. Most of the e-commerce or e-business books would assign a couple of pages to the developing world. They usually include a couple of stereotyped anecdotes describing how e-commerce helped a poor illeterate farmer in the middle of nowhere in Africa export his products to Macy's in downtown San Francisco!!! These couple of pages usually lack the scientific foundation that make them credible. This book: "Electronic Business In Developing Countries: Opportunities And Challenges" is the complete opposite: First it is written by professionals from the field from the four corners of the developing world, this makes their approach a real down to earth one with examples from the REAL developing world. Second, it offers a variety of cases covering diffrent domains of e-business and does not limit itself to e-commerce. Last but not least, it offers to the reader a substantial amount of referenced papers and publications that is on its own merit a fantastic source of information.
It really deserves the 5 stars not only for the content but also for the guts to go ahead and put the effort to write it, compile it and publish it. I am sure there will be many editions of this bbok published, I just hope that the author, Sherif Kamel, would keep up the effort of identifying more and more research papers and articles covering this forgotten issue of e-business in the developing world. I also hpe that the next editions would have a "chain of thoughts" (un fil conducteur as they call it in French!) that would take the reader smoothly from one chapter to the other.
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Globalization: Challenge and Opportunity
James F. Hoge Jr.
Manufacturer: Council on Foreign Relations
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ASIN: 0876093187 |
Book Description
Expert testimonials for and against the most important economic and political topic of the decade.
This reader brings together an impressive collection of experts to explore those impacts and disentangle the thorny issues that the globalization debates raise. The pieces represent a cross-section of opinion on the subject, although most underscore that the benefits of integration far outweigh those of isolation. Originally published in the pages of Foreign Affairs, the essays fall into four broad categories. The first explores just what the contemporary globalization trend has involved and whether its effects should be cheered or jeered. The second looks at how developing countries have fared in the new dispensation and what if anything can be done to help them prosper. The third analyzes how states and firms have reacted to the new pressures placed on them. And the fourth category treats the contemporary international economic architecture and the reforms to it, if any, that may be appropriate. Together the essays highlight the most important analytical questions about globalization today while suggesting some broad answers.
Contributors include Jagdish Bhagwati, Alan S. Blinder, David Dollar &Aart Kraay, Barry Eichengreen, Jessica Einhorn, James K. Galbraith, Joe W. Pitts III & Andrew Wells-Dang, Richard N. Haass & Robert E. Litan, Ethan B. Kapstein, Jay Mazur, Joseph S. Nye Jr., Bruce R. Scott, M. A. Thomas, Martin Wolf
Book Description
This book offers business owners and managers a new and more effective way to think about lawyers, law, and litigation. Your Lawyer: An Owner’s Manual is a brass-tacks guide that demonstrates smarter ways to find, work with, and motivate attorneys. Author Henry C. Krasnow is an attorney with four decades of experience helping businesses, and he writes with an insider’s perspective on what business owners need to know about managing this pivotal business relationship. The book outlines this relationship in ways that are clear, simple, and straightforward, so that readers can learn ways to save time, frustration, and money. It furnishes a useful overview of the entire legal process—what’s happening, why it’s happening, and even why it’s often so frustrating.
Customer Reviews:
Very useful book!.......2006-03-20
I found this book extremely helpful! A copy should be on everyone's bookshelf whether he or she owns a business or not. It is an important reference.
Navigating the relationship with your lawyer can be a very frustrating and intimidating experience. This book clarifies important issues, and gives realistic guidelines for choosing a lawyer and communicating with the person you choose.
I know I will refer to it often.
Your Lawyer: An Owner's Manual.......2006-02-25
Every small or medium size business owner or decision maker should read Krasnow's book. It won't tell you how to solve your legal problems, but it will realistically explain how the law, and lawyers, work.
After reading it, you'll be able to intelligently choose the right lawyer for your business and evaluate his or her advice. It will also explain how to effectively manage your lawyer when they're working for you, and how to get the most for your legal fees.
Krasnow's comments, especially regarding family owned businesses and potential ownership and succession problems, reflect extensive experience and knowledge. His recommended solutions come across as sound, reasonable and fair.
At some point, whether for contract creation, litigation or sale and/or succession, every business will need legal advice and services. It makes sense to make an informed choice of lawyers to furnish this advice. This book will help you do so.
Books:
- The Silent Takeover: Global Capitalism and the Death of Democracy
- The United States and Western Europe since 1945: From "Empire" by Invitation to Transatlantic Drift
- The Vital Few: The Entrepreneur and American Economic Progress (Galaxy Book)
- Trade Policy and Market Structure
- Transport Investment and Economic Development
- Tropical Soils: Properties and Management for Sustainable Agriculture (Topics in Sustainable Agronomy)
- Understanding Interest Rate Swaps
- Understanding Interest Rate Swaps
- Value-at-Risk: Theory and Practice
- Valuing Small Businesses and Professional Practices (Art of M & A)
Books Index
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The Invisible Continent: Four Strategic Imperatives of the New Economy
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The Borderless World, rev ed: Power and Strategy in the Interlinked Economy
The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits (Wharton School Publishing Paperbacks)
The End of the Nation State: The Rise of Regional Economies
