Emerging Markets

The traditional dominance of international markets by companies from the US, Western Europe and Japan can no longer be taken for granted. Emerging market economies, from the powerhouse Chinese economy (set to pass the US in national income by 2020) to dynamic players such as Mexico, South Africa and Indonesia, are rapidly changing the competitive landscape. Companies who can successfully enter these emerging markets may reap rewards and benefits from cost reductions and market opportunities. By understanding their positioning in the global continuum of companies and customers - the global value chain - businesses can build their strategies for better competition, more effective resource allocation and cost reduction, and heightened awareness of risks and benefits. Packed with in-depth case studies of multinationals from both sides of emerging markets, including Accenture, Walmart, Google, Nike, Novartis, PetroChina, Embraer, Tata Group and FEMSA, Emerging Markets is essential reading for anyone wanting to understand the new competitive landscape and how to maximise their business opportunities there.Chapter - 01: Introduction; Chapter - 02: Why emerging markets are the place to be; Chapter - 03: The time horizon; Chapter - 04: What is the challenge from emerging markets?; Chapter - 05: Competing in emerging markets; Chapter - 06: Competitive strategies of firms in China: MNEs, SOEs and private firms; Chapter - 07: Emerging market MNEs competing in industrial countries and globally; Chapter - 08: Innovation is key; Chapter - 09: Large, small, family-owned and state-owned companies from emerging markets; Chapter - 10: Conclusions