Accelerating International Growth

The third title from Executive Development from IMD is devoted toAccelerating International Growth, one of today's most crucialbusiness challenges. It provides the knowledge and the tools neededto speed up the development process and reach a stronger globalposition efficiently and quickly, and is firmly focused onanswering the real questions facing leading companies as theyundertake expansion in the field. Accelerating International Growthfocuses on the strategic, organizational and human aspects ofinternational growth. The book is aimed at practising managers incompanies that are either in the process of expandinginternationally, or are considering whether to do so.

Philip Rosenzweig and his IMD colleagues combine a thoroughconceptual understanding of the attractions and challenges ofinternational growth with a practical explanation of the keyelements of successful implementation. Foreign entry modes,managing entry and post-entry phases, cross-border joint ventures,organizational learning, and human resource management are allexplored in detail. Readers will emerge with the skills to clearlyunderstand what drives the process, identify the key challenges,and avoid the greatest pitfalls. Foreword.

Preface.

Acknowledgements.

Overview: International Growth is Everybody's Business (P.Rosenzweig).

DEVELOPING STRATEGIC CAPABILITY.

Grasping the Globe (P. Rosenzweig).

Crafting an International Growth Strategy (P. Rosenzweig).

MANAGING GLOBAL PARTNERSHIPS.

Competing through Alliances and Joint Ventures (V. Pucik).

Mergers and Acquisitions (V. Pucik).

STAFFING THE GLOBAL COMPANY.

Managing Expatriation (V. Pucik).

Developing Local Talent (P. Rosenzweig).

FOSTERING GLOBAL LEARNING.

The Global Learning Imperative (X. Gilbert).

Deploying the Domestic Business Model Internationally: TheInside-Out Approach (X. Gilbert).

Stretching the Business Model Globally: The Outside-In Approach andthe Learning Intent (X. Gilbert).

ADAPTING THE GLOBAL ORGANIZATION.

Changing Perspectives on Global Strategy and Organization (T.Malnight).

Managing Subsidiary Evolution (T. Malnight).

PUTTING IT TOGETHER.

Accelerating International Growth -
And Succeeding (P. Rosenzweig).

Contributors.

Index. Executive Development from IMD provides managers with leading edge thinking from the faculty of one of the world's leading business schools.

Each book presents key concepts and practical insights on an important management topic. The tone is straightforward. The message is practical. The ideas are tested and ready for managers to apply in their companies.

Each book follows a similar format: key-point summaries reinforce the message of each chapter and learning points translate concepts into action. Every chapter is illustrated with relevant international case studies that bring the discussions to life.

Executives attend IMD courses not only to learn but also to be inspired. The books in this series provide them with inspiration as well as with tools to improve themselves on a personal level and make an immediate contribution to their companies.

IMD is one of the world's leading business schools. Located in Lausanne, Switzerland, IMD has been developing managers for over 50 years. Its high standards are recognized by hundreds of the best companies around the world.

IMD was founded by a group of leading corporations to address the real challenges that business executives face and, in the final analysis, to win. To this day, IMD remains focused on real world management issues. While other business schools primarily teach full-time graduate university students, IMD develops state-of-the-art concepts for the experienced manager.

International growth is one of the most important challenges facing companies today. For companies of all sizes and in almost all industries, building a strong international position isn't an option - it's a necessity.

Accelerating International Growth is designed to help you - the practising manager - navigate your company's international growth. It takes a practical and direct approach to identifying challenges and recommending action.

Based on a successful executive programme at IMD, Accelerating International Growth brings together four experts in international management: Philip Rosenzweig, Xavier Gilbert, Thomas Malnight and Vladimir Pucik. Together, they explain five capabilities your company needs for successful international growth:

• Global strategic thinking: a process we call 'grasping the globe'
• Effective international partnerships: managing alliances and acquisitions
• Rapid staffing: expatriation and localization
• Global learning: using the world as your classroom
• Organizational adaptation: changing organizational forms

Whether your company is a small or mid-size firm in the early stages of international growth, or whether you manage an established global company, Accelerating International Growth offers practical, clear and relevant ideas for immediate application.