Smart
Globalization: Designing Global Strategies, Creating Global Networks
Edited by Anil
K. Gupta, D. Eleanor Westney
$19.95, 360 pp., 2003, paperback
Smart Globalization is a compendium of leading-edge thinking on global
strategy. The central premise underlying the book is that globalization
can be a double-edged sword. The global or globalizing firm has the potential
to reap several types of benefits such as the vast potential of a much
larger market arena, opportunities to capture scale- and location -based
coast efficiencies, and exposure to a multiplicity of new product and process
ideas. However, globalization also exposes the firm to a number of strategic
and organizational challenges emanating from a dramatic increase in diversity,
complexity and uncertainly. Contributors include: David J. Arnold, Christopher
A. Bartlett, Julian M. Birkinshaw, J. Stewart Black. Joseph N. Fry, Sumantra
Ghoshal, Vijay Govindarajan, Hal B. Gregersen, Anil K. Gupta, Stuart L.
Hart, W. Chan Kim, Bruce Kogut, David L. Levy, Renee A. Mauborgne, Allen
J. Morrison, Mark B. Milstein, Das Narayandas, John A. Quelch, Gordon Swartz,
Stephen E. Weiss, and George S. Yip.