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October-2012

Women may, according to Mao’s well-known aphorism, “hold up half the sky”, but they remain woefully underrepresented in the upper echelons of the world’s largest corporations.  According to Grant Thornton’s latest International Business Report, only 21% of senior management roles globally are currently held by women.  Interestingly, the G7 perform far worse (18%) than, for example, the BRIC economies (26%), while countries with relatively patriarchal cultures score even lower – e.g., UAE (15%), India (14%), and Japan (5%).

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October-2012

It’s no secret that China is, or soon will be, the world’s largest market for numerous products, ranging from luxury consumer goods, such as Gucci handbags and Mercedes sedans, to more mundane industrial goods, including steel, paper, and heavy machinery.  In fact, China’s economic miracle is in no small measure due to its success in bargaining away access to the world’s largest market against huge amounts of foreign direct investment, advanced technology, and managerial expertise.  

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October-2012

The debate of which is more important, Strategy or Execution, is the business world’s version of the classic chicken and egg question: a seemingly unresolvable conundrum that has apparently frustrated the finest minds, and sparked heated debates between each side’s self-appointed advocates.  And, like its biological equivalent, the debate is mostly meaningless. 

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