Imagine a crazy wonderland where most of what you learned in business school is either upside down or backward. A land where customers control the company, jobs are avenues of self-expression, the barriers to competition are out of your control, strangers design your products, fewer features are better, advertising drives customers away, demographics are beside the point, whatever you sell you take back, and best practices are obsolete at birth. Meaning talks, money walks, and stability is fantasy. Talent trumps obedience, imagination beats knowledge, and empathy trounces logic.
If you’ve been paying close attention, you don’t have to imagine this scenario. You see it forming all around you. The only question is whether you can change your business, your brand, and your thinking fast enough to take full advantage of it. Read more.
Facebook is quickly expanding into many world regions and this internationalisation strategy seems to pay off. According to figures released by comScore (SCOR) on Aug. 12. Facebook has overtaken Myspace and now counts 132 million users, nearly 63% are outside North America. The site, which had been translated into 20 languages including French, Spanish, and Mandarin, has recently added 69 more. “Now, through translations, we are seeing a lot of growth in international countries,” says Javier Olivan, international manager at Facebook in a recent interview. Read more.
With the 2008 Beijing Olympics, the eyes of the world have turned to China. The McKinsey Quarterly has taken this opportunity to devote its current print issue to the country and its global business prospects. Selections range from a discussion of how Chinese companies can succeed abroad to a special report on how corporate China is evolving. Find here a selection of the McKinsey articles on China.
Today the Economist published an article titled “Confessions of a risk manager”. Here, an insider explains why it is so hard to stop traders behaving recklessly. In addition, a detailed elaboration on the credit crunch and beyond is also given.
From Daley Thompson to Emile Zatopek, the Times Online presents the greatest Olympians of all time backed up with statistical prove. You can find the complete report here.
One year after it all started, who is to blame for the global credit crunch? Different people have different explanations for the parlous state of the world’s financial markets. The BBC asked various experts to tell us who they thought was responsible. Find the full report here.
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