JOURNAL ARTICLE

The Radical Reshaping of Global Trade.

  • Published In: Harvard Business Review Digital Articles, 2023. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Charan, Ram; McGrath, Rita 3 of 3

Abstract

The article discusses the radical reshaping of global trade and how companies can prepare for the new, fragmented, non-system that is replacing globalization. It highlights that the presumption of a rules-based global order that facilitates greater prosperity for all participants is no longer being taken for granted, and individual players are seeking to alter the system in their own favor. The article also emphasizes the need for companies to operate in a "permissionless" manner, leveraging technology, defining ecosystems, and adopting discovery-driven leadership practices. It concludes that the easy days of globalization are over, and organizations that are resilient and permissionless will benefit the most in this new global trade landscape. [Extracted from the article]

Additional Information

  • Source:Harvard Business Review Digital Articles. 2023/11, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2023
  • Accession Number:173580164
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