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GlobalEd | International Affairs in Higher Education

 

BOOK REVIEW “Good Strategy / Bad Strategy” by Richard Rumelt

Summary

John Kay, the Prime Minister of New Zealand said that this is “the first book on strategy that I have found difficult to put down.” He is not the only one. It is excellent.

Key words

Strategy, understanding strategy, market leader, sustainable competitive advantage. Continue reading

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Filed under Book Review, Business, Business Schools, Education, Entrepreneurship, Higher Education, Innovation, Leadership, Management, Strategy

BOOK REVIEW “Blue Ocean Strategy” by W. Chan Kim and Renee Mauborgne

Blue Ocean Strategy has been described as a must read for all business students. A lot has been written about it and I would have said practically everything had been said about it until I looked up the book on Amazon to see the current price.

According to the book seller, the people who bought this book also bought “How to Become an Alpha Male – Attract Women and become successful at seduction.” I am still trying to work out the link!

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Walking on the Moon.…Armstrong, Hero or Villain ?

It hasn’t been a good weekend if you are a household name with the surname Armstrong. On Friday, Lance Armstrong officially threw in the towel in his fight to maintain the seven Tour de France titles he had won by effectively pleading guilty to using drugs. He thus gained the status of villain or fallen hero. Then yesterday, Neil Armstrong, the first man on the moon died in hospital.

Our reactions to the two Armstrongs underlines how ambiguous we are in conferring hero status to people or to organizations. Continue reading

 

The Shanghai Jiaotong Academic Ranking of World Universities 2012…and the winners are….

Last week a group of young researchers at the Shanghai Jiaotong university were busy compiling the 9th version of the Academic Ranking of World Universities. This was first compiled in 2003 and was greeted like a bombshell in France as well as in several other countries. (More in a later post.)

The 2012 once again confirmed the supremacy of American universities where more than half of the top 100 being from the USA. 9 years on the winners are….the USA (though with warning signs), China, Australia, New Zealand and Saudi Arabia. And the losers? Japan, Germany and perhaps India.

Top 500 2003-2012 Ups and Downs

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BOOK REVIEW: “Essentials of Strategic Management: Fifth Edition” by J. David Hunger and Thomas L. Wheelen

Key words

strategy, management, information systems, corporate culture, technology management

Summary

The book gives an excellent outline of some of the fundementals issues in strategic management. The book is short and generally to the point. It provides good data summaries and ideas that can be put into practice in the business world. It is also realatively easy to read. It deals quite heavily with corporate culture and has some useful ideas on the importance of technology management in strategy.

Interesting quotes from the book:

Strategic management is that set of managerial decisions and actions that determines the long-run performance of a corporation.

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BOOK REVIEW: “The Luxury Strategy: Break the Rules of Marketing to Build Luxury Brands” by J.N. Kapferer & V. Bastien

Source:Amazon.com

The Luxury Strategy: Break the Rules of Marketing to Build Luxury Brands
by J.N. Kapferer & V. Bastien

Key words
Luxury, fashion, premium, strategy

Summary

If you are currently spending a few weeks in a vacational coastal city of your country, jealously admiring the ostentatious wealth of the rich and famous, this book may interest you. It defines what constitutes a luxury product and how companies develop their strategies to profit from this status.

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London 2012: The Olympic Closing Cermony and understanding stereotypes

Every single stereotype of British culture was there; Black taxis, double decker buses, Tower Bridge and men in kilts playing bagpipes. Then came the pop culture with Madness, George Michael, David Bowie, The Spice Girls, Queen and The Beatles. You can’t get John Lennon and Freddie Mercury in person? Don’t worry, you can put them up on a giant screen. Danny Boyle truly did provide an unashamed stereotype British life. Indeed, had the entire show been commissioned by the British Tourist Industry, no one would have been the slightest bit surprised. But this was just the point. Boyle had understood that his audience was the world, and the world wanted the cliché. Continue reading

 

 
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