Competing In A Flat World- Building Enterprises For A Borderless World

Victor K. Fung , William K. Fung & Yoram Wind

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“This is essential reading for anyone seeking to compete–and succeed–in the fl at world.”

–John Hagel, Chairman of Deloitte Center of Innovation

“Competing in a Flat World provides an extraordinary glimpse into a new kind of organizational architecture, one built around the notion of orchestrating resources you don’t control and doing so in a way that builds both trust and agility. This architecture may well turn out to be the dominant model of the firm for the 21st century. This book is a must read for anyone who wants to compete in a flat world. Every chapter details new and powerful ideas.”

–John Seely Brown, Former Chief Scientist of Xerox Corporation and coauthor of The Only Sustainable Edge

“We are led by unstoppable economic forces to connect our resources to form smart networks, either wired or unwired. The authors bring forward the notion of ‘network orchestration,’ an almost one-size-fits-all strategy for organizations to survive and excel in an ever-flattening world.”

–John Chen, Sybase Chairman, CEO and President

In the “flat world,” everything changes…above all, what it takes to run a winning company. Success is less about what the company can do itself and more about what it can connect to. Find out how it’s done, from the company that pioneered “flat world” success, Li & Fung, which produces more than $8 billion in garments and other goods for the world’s top brands and retailers–without owning a single factory.

Victor and William Fung and Jerry Wind, author of the best-selling The Power of Impossible Thinking, reveal how they’ve replaced “old-fashioned” infrastructure and huge employee bases with a fluid, ever-changing network that can design, manufacture, and deliver almost anything, anywhere. The key to success in this world is a set of principles for “network orchestration,” described for the first time in this book. They examine how these principles can be applied in manufacturing, services and other industries. They show how to build and orchestrate your own world-class global network.

* Compete “network vs. network”–and win!

* Create a “big-small” company that combines scale and agility

* Forge loose-tight relationships with suppliers

* Balance control with empowerment, stability with renewal

* Manage the “bumps” in the flat world–from politics to terrorism

What will you learn from this book

  1. Globalization and Borderless Economy: Recognizing and adapting to a globalized economy where borders are less relevant, and businesses must operate in interconnected markets.

  2. Technological Advancements and Connectivity: Emphasizing the impact of technology, especially the internet, in leveling the playing field for businesses, allowing for global reach and connectivity.

  3. Agility and Adaptability: Advocating for organizational agility and adaptability to respond quickly to changes in market conditions and emerging opportunities globally.

  4. Collaboration and Partnerships: Encouraging collaboration and strategic partnerships with other companies, suppliers, and stakeholders across borders for mutual benefit and growth.

  5. Customer-Centric Approach: Prioritizing a customer-centric strategy that transcends borders, understanding diverse consumer needs and preferences in different markets.

  6. Supply Chain Optimization: Highlighting the importance of optimizing supply chains globally for efficiency, cost-effectiveness, and responsiveness to market demands.

  7. Cultural Awareness and Sensitivity: Acknowledging cultural differences and the importance of cultural sensitivity in conducting business across borders to foster successful relationships.

  8. Innovation and Knowledge Sharing: Fostering a culture of innovation and knowledge sharing within organizations to remain competitive and drive continuous improvement globally.

  9. Risk Management and Resilience: Addressing the complexities of global risks, including geopolitical, economic, and environmental factors, and strategies to manage and mitigate these risks.

  10. Strategic Vision and Leadership: Emphasizing the role of visionary leadership in setting a global strategic vision and guiding organizations to navigate the challenges and opportunities of a borderless world.

Language English
ISBN-10 81-317-1723-2
ISBN-13 9788131717233
No of pages 240
Font Size Medium
Book Publisher Pearson
Published Date 01 Jan 2007

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