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There are few industries, if any untouched by global competitive
forces. Firms and countries long accustomed to dominance in their
respective international markets must now reckon with aggressive
and innovative competitors from all corners of the world. As the
cross-border flow of people, knowledge, ideas, products, services
and management practices accelerates, the notion of home-based
advantage is becoming weaker. Unlike their domestic counterparts,
firms competing across borders must deal with differences in
political, legal, financial, cultural, governance and macroeconomic
contexts. These contextual differences shape competition in
international strategy and make the study of international strategy
more than just a simple extension of classic strategic analysis.
Global Strategy deals with the question of how firms can compete in
a global environment. Andrew Inkpen and Kannan Ramaswamy examine
the issues considered central to the study of strategic management
in a global context, such as the nature of global advantage,
strategic alliances, competing in emerging markets, international
corporate governance, global knowledge management and ethical
issues in international business. Much as been written about the
relevance of global, regional and domestic strategies to counter
competition from overseas and as a means to enter foreign markets.
However, lobal Strategy takes a broader view, organizing itself
around a set of strategic management issues that arise specifically
because a firm is international. While there is obviously some
overlap between domestic strategic management and global strategic
management, it is Inkpen and Ramaswamy's contention that the
differences between domesticand global strategy warrant specific
attention. By integrating academic research with practical examples
and case studies, they inform students and managers of global
business about a diverse set of important strategic issues.
The Global Oil & Gas Industry: Stories from the Field relates
specific examples of challenges in decision making, changing
business practices, and the difficulties in executing complex
projects across the global industry. From contentious border
disputes over mineral rights to the emergence of industry
disrupters shaking the status quo, each story presents contemporary
issues to distill lessons that are transferrable to management
challenges both inside and outside of the global oil and gas
industry. Bestselling PennWell authors Andrew Inkpen and Michael
Moffett join with industry expert Kannan Ramaswamy to provide a
narrative of 18 stories, each highlighting a different aspect of
the industry. This collection provides an enriching,
thought-provoking look into a business that many believe to be
globally mature, but as these stories intimate, are increasingly
local, emerging, and evolving with the global economy. Features and
Benefits: Examples of the complex business situations in oil and
gas and how excellent (and sometimes less-than-excellent) leaders
navigate these difficult circumstances. Insights into the decision
making of oil and gas companies from around the world Different
themes that span the entire industry value chain: upstream,
midstream, and downstream Timeless truths for the hydrocarbon
sector and for many other businesses
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