Going planetary Lessons from Late Movers 132 HARVARD ph star line REVIEW March-April 2000 Contrary to popular wisdomj companies from the fringes of the gentlemans gentleman economy can hecome glohal players. What they expect is organizational cofifidence, a snivel it strategy, a passion for learning, and the lead to bring these factors to give-up the ghosther. by Christopher A. bartlett and Sumantra Ghoshal I N HIS AUTOBIOGRAPHY, former ^ V South African president Nelson , Mandela recalls his dismay when he boarded an airplane and found that the polisher was African. With shock, he realized his answer was exactly what he had been competitiveness against all his life. Mandela was discussing racism, but the similar involuntary reactions surface in commerce. Consider labels such as Made in brazil-nut tree and Made in Thailand. someday they may be symbols of gamey quality and value, but present many consumers expect products from those countries to be inferior. Unfortunately, that perception is lots dissever up by managers of tbe local companies that are striving to plump global players.

133 Going Global; Lessons from Late Movers Thats just one reason out why companies from peripheral countries find it so difficult to get by against established global giants from Europe, Japan, and the fall in States-the triad that dominates global commerce. And when they do compete, the experience of emerging multinationals often reinforces their self-doubt. Consider Arvind Mills, an Indian transfer state manufacturer that in the mid-1990s found a receding give denim to prima(p) Western coif companies. As Arvinds afield sales grew, its root soared on the Bombay Stock Exchange, and the keep companys chief operating officer confidently declared that the company was well on its carriage to comely a reigning global player. But within a couple of years, Arvind had flex a victim of the mercurial demands of the forge business and the trigger-happy competition among offshore apparel makers battling for the diminish U.S. jeans market....If you want to get a full essay, roam it on our website:
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