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December-2012

What could seasoned business executives possibly learn from a foul-mouthed, seemingly bi-polar, but nevertheless incredibly successful, celebrity chef?  Quite a lot as it turns out.  Each episode of Gordon Ramsay’s hit television show, Kitchen Nightmares, is nothing less than a microcosm of business turnaround management, covering more or less the same process that management consultants use all the time for reversing the fortunes of troubled multinational corporations.

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December-2012

China is often portrayed as a hopelessly complex country that is nearly impossible to understand - unless, of course, you’re a true insider, meaning born and bred in Mainland China or perhaps a long-time foreign resident who has effectively gone native.  While it is certainly true that relatively few people have a good understanding of China’s recent history, political system, business environment, and geopolitical motivations, China is not nearly as incomprehensible as those with a vested interested in perpetuating that myth, such as the CPC and management consultants, would have you believe; the basic laws of nature and economics actually do apply in China, just as they do everywhere else in the known universe.

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December-2012

Reverse Innovation is all the rage these days, with a new book by the same name from Vijay Govindarajan and long-time collaborator Chris Trimble, numerous articles in academic journals and the popular business press, and a truly impressive list of glowing endorsements from many of the world’s best-known senior business executives and academics, including Jeff Immelt, Ratan Tata, and Warren Bennis.  But is reverse innovation truly “a framework for the next phase of globalization” or instead just another management fad that will be forgotten a few years from now?

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