- customizing to local needs
- devising innovative business models
- leveraging latest technologies
- benefiting from lost cost/ skilled labor
- scaling up fast
- sustaining long term hyper growth.
Friday, March 28, 2008
Challengers from RDE( Rapidly Developing Economies)
Boston Consulting Group (BCG) listed 5o local dynamos giving a run for more established MNCs. The list includes 11 from India. Rapidly Developing Economies, India, China, Russia and Brazil are now perceived as incubators of business dynamism. The consultants identified 6 key success factors as:
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