More World view
  • October 1, 1997

    Decentralizing Telecommunications in Latin America

    by Raul L. Katz and Alexander Dichter
    Telecommunications is key to the growth of Latin America's Southern Cone. But to get the most growth, centralized national networks must give way to regional systems that ignore borders.
  • April 1, 1997

    Steering a New Course for Japanese Management

    by Motokazu Orihata
    If Japan is to be a front-runner in the era of innovation it must demonstrate leadership in developing new industries and products. To do so requires managers to adopt a new "hands-on" approach and to take greater risks.
  • April 1, 1997

    Business Expectations and Strategy for the United States of Europe

    by Franco Modigliani and Hossein Askari
    The European Union is the largest single market in the world, and among the most affluent. Does that mean companies should be poised for expansion into the EU? It may take another three to four years before the market stabilizes enough for global players to think about establishing new EU locations.
  • January 1, 1997

    The Art and Practice of Japanese Management

    by John Micklethwait and Adrian Wooldridge
    Japan's extraordinary postwar industrial success was defined by lean production, consensus and continuous improvement. But lately it has been the country's perceived weak points, such as lifetime employment and over-regulation, that have come to the forefront of the debate on Japanese management. But new ideas are emerging with the younger, more flexible generation of Japanese managers, which means there will still be plenty for the outside world to learn from Japan. Adapted from "The Witch Doctors" (Times Books, 1996).
  • January 1, 1997

    Competing in Constellations: The Case of Fuji Xerox

    by Benjamin Gomes-Casseres
    The relationship between Xerox and Fuji Xerox, its joint venture in Japan, is the centerpiece of this commentary on how alliances among companies are forging new units of economic power known as "constellations." Internal rivalry can put constellations at a disadvantage against single-company rivals, and the ability to manage the balance of competition and cooperation is critical to success.