Nokia’s recent burning platform travails serve as an object lesson to companies trying to navigate a rapidly-changing global economy. As multinational corporations pursue opportunities in emerging markets, they’re bound to stumble if they overlook the developed economies, and vice versa. Without operating in the former, they won’t be able to attain economies of scale; sans the latter, they’re unlikely to continue developing state-of-the-art technologies.
Think Global, Not Emerging Markets, Century
Nokia’s recent burning platform travails serve as an object lesson to companies trying to navigate a rapidly-changing global economy. As multinational corporations pursue opportunities in emerging markets, they’re bound to stumble if they overlook the developed economies, and vice versa. Without operating in the former, they won’t be able to attain economies of scale; sans […]
May 02, 2011
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New!
HBR Learning
Global Collaboration Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to overcome barriers when working globally.