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Will China Bring Your Firm New Owners, Partners, or Competitors?

Harvard Business Review

During the global financial crisis, Robert Remenar, CEO of Nexteer, a Michigan-based automotive steering firm, deliberately searched for potential new Chinese owners. In 2010, Chinese firm AVIC Automotive purchased Nexteer for $465 million. But what are the broader implications for industry standards?

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Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

In the past, disruption occurred at the level of discrete product and service technologies that competed to offer better value for customers (e.g., Every industry, no matter how traditional — agriculture, automotive, aviation, energy — is being upended by the addition of sensors, internet connectivity, and software.