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Competitive Advantage from the Bottom of the Pyramid

LDRLB

Ajay is a technologist and business strategist who often obsesses over issues that range from the impact of technology on disruptive business models to entrepreneurship and impact investing. LG has devised payment subscription plans that makes its products affordable. [Editor''s Note: This is a guest post from Ajay Swamy.

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CMI Hong Kong: updates from the board

Chartered Management Institute

The session was entitled “Technology and Business Collaboration: Leadership and Management” and was moderated by Dr Alan Miller CMgr FCMI (former CMI Hong Kong Regional Board Member). It was undoubtedly a productive and fruitful year for CMI Hong Kong, as membership has grown continuously.

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The $2,000 Car

Harvard Business Review

Increasingly, Western companies are developing products in countries like China and India, and then distributing them globally. Deere now uses Krish-style features in products sold all over the world. Multinationals built unprecedented economies of scale by selling products and services to markets all around the world.

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Great Advertising Is Both Local and Global

Harvard Business Review

One solution to this tension is to pursue what we call glocal advertising strategy — locally adapting a universally embraced core idea that will resonate in any market anywhere in the world. By getting the glocal model right, Johnnie Walker reversed a continuing decline and more than doubled its global business in ten years.

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P&G Innovates on Razor-Thin Margins

Harvard Business Review

But that is not the story in developing markets, where these top-of-the-line products don't fare nearly as well. And with a product that costs less than 3% of the Fusion ProGlide? It starts as most such stories do — with a Western-based company trying to sell their cheapest products in emerging markets.