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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:
  • 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.
Read on....

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