Outlook for Global Markets: BCG and Knowledge@Wharton
Episode Description
Part 4: Outlook for Global Markets Experts from Wharton and The Boston Consulting Group look at the key challenges and opportunities facing multinationals as the global economy pushes through the downturn and starts moving toward recovery. Companies must adapt innovative strategies, keeping costs low while seeking new sources of growth -- often in countries such as China and India, where demand is still relatively strong. Because prolonged recessions can reshape industry dynamics, the biggest risk that companies face may be their own complacency -- hunkering down and waiting for the storm to pass while others make competitive inroads
Brief Summary
Multinational companies must adapt strategies during downturns, focusing on growth in emerging markets like China and India while avoiding complacency.
Key points
- The Rise of Challengers. Rapidly developing economies are emerging as strong competitors in global markets.
- Opportunities in a Downturn. Despite challenges, companies can find new opportunities during economic downturns.
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Episode highlights
- The Rise of ChallengersRapidly developing economies are emerging as strong competitors in global markets.“The challengers are in control of many of the lowest cost assets on the planet.”2:29Sep 29, 2009
- Opportunities in a DownturnDespite challenges, companies can find new opportunities during economic downturns.“Even in the midst of a downturn, there are opportunities for companies to seize.”3:25Sep 29, 2009





