Famous for producing pork products, Smithfield Foods had a history of aggressive growth. But when that growth stalled for a matter of years, it was time to consider acquisition by ShuangHui International. This case in point discusses the pros and cons and strategic considerations that went into the international deal.
Darden Professor Ming-Jer Chen discusses the considerations that went into the partnership between LEGO and Warner Brothers in the making of The LEGO Movie.
Competition is defined by the relationship between its constituent parts: action and response. The two are as interdependent as day and night; they exist within the context of one another, together creating one totality.
Professor Ming-Jer Chen says in a world in which globalization and technology are rapidly recoding the very DNA of business, its time for profound reexamination of the meaning, parameters and aims of competition.
An ambicultural mindset applied to business, or to any enterprise, embraces the possibility for long-term relationships among multiple parties, from managers and policymakers to industries and customers, from organizations to societies and nations.
While Chinese and Western companies have been doing business with each other for many years, styles of communicating often prevent them from working together as efficiently as possible. Combining the better of two cultures can help managers bridge the cultural chasm underlying them.