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World Out of Balance: Navigating Global Risks to Seize Competitive Advantage
 
 
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World Out of Balance: Navigating Global Risks to Seize Competitive Advantage [Hardcover]

Paul Laudicina (Author)
4.1 out of 5 stars  See all reviews (8 customer reviews)

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Book Description

0071439188 978-0071439183 November 30, 2004 1

Understanding, planning for, and thriving in the global business environment

Business leaders face a global environment that is increasingly complex and treacherous. Written by the managing director of A.T. Kearney's prestigious Global Policy Institute, World Out of Balance draws upon the insights of an elite group of business leaders, academics, and government officials from around the world, focusing on the five factors that are shaping tomorrow's business environment:

  • Globalization--rising levels of trade, communication, and travel
  • Demographics--slowed population growth in developed countries, and increased growth in the third world
  • Consumption Patterns--increasingly diverse consumer markets, causing fierce market competition
  • Natural Resources and Environment--oil markets reaching a crisis stage, and other shortages predicted in the coming decades
  • Regulation and Activism--calls for greater regulation point to long-term business challenges

With intelligence and insight, World Out of Balance provides executives, consultants, and business thinkers with the high caliber of information and insight you need to plan for, rather than react to, important emerging trends shaping the global business environment. Author Paul Laudicina offers compelling snapshots of key trends and how they may evolve in the years ahead--and provides practical scenarios and expert guidelines to help you prepare your organizations to meet these challenges and profit by them.


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Editorial Reviews

Review

?Paul Laudicina gives extraordinary insight into the emerging environment in which today?s business leaders operate, and more importantly, provides a clear argument for how sound strategy can help overcome the unpredictability and turmoil affecting business performance.? ?J.T. Battenberg III, Chairman, President, and CEO, Delphi Corporation ?A compelling overview of the uncertain world at the start of the 21st century. Rigorously researched and powerfully imagined, this is an indispensable guide to decision making in an environment shaped by new risks and opportunities.? ?John Gray, School Professor of European Thought, London School of Economics

From the Back Cover

A dynamic approach to survival and success in a rapidly changing business world

Increased competition. Collapsed time horizons. Intense scrutiny. Rapid geopolitical change. These are just a few of the challenges corporate leaders and other key decision makers face in today’s volatile global environment. New technologies and other innovations add speed and efficiency to the way we do business—but at the same time, they increase risk factors that can slow down and even destroy companies. New government regulations, rising energy costs, and an endless array of unforeseen complications are forcing corporate leaders to look beyond the bottom line of short-term success—by anticipating potential problems and planning for future growth, even when the playing field is rapidly changing.

But how can you and your company stay ahead in a world out of balance? How can you prepare for the opportunities and threats that come along with burgeoning populations in unfamiliar markets, rising anti-corporate activism, emerging oil and water shortages, and constantly changing consumer needs? The answer, according to Paul Laudicina, is foresight and flexibility. He has identified the crucial keys to success in turbulent times. Many companies focus their attention on internal operations and short-term goals—and blame their shortcomings on factors outside their control. But “value-building companies” look onward and outward—anticipating problems, managing risks, and developing new growth opportunities. They are prepared for the future. They are in control of their destinies. And you can be, too.

This important book couldn’t have come at a better time. Not only does it highlight emerging trends and possible scenarios for tomorrow’s business environment, it also reveals what every business leader needs to know about the new global environment—and offers an in-depth analysis of the five drivers shaping an ever-changing business world:

  • Globalization—the rising risks and rewards of trade, communication, and travel that bring increased vulnerabilities along with new opportunities
  • Demographics—slowed population growth in developed countries and increased growth in developing markets
  • Consumer Needs—increasingly diverse and demanding consumer markets, causing fierce market competition
  • Natural Resources and Environment—the new energy crisis and other emerging challenges that strain natural resource limits
  • Regulation and Activism—new government regulations, public policy issues and long-term business challenges

These are the factors that will play a key role in your company’s future—and your own personal success. Supplemented with helpful risk-mapping techniques and sample scenarios, this empowering and enlightening book will alter the way you do business today and tomorrow. It is your personal guide to survival and success in a world of constant change.

Paul A. Laudicina is vice president and managing director of A.T. Kearney's Global Business Policy Council, a strategic service helping chief executives and government leaders monitor and capitalize on macroeconomic, geopolitical, socio-demographic and technological change worldwide. Before joining A.T. Kearney and founding the Council nearly 15 years ago, Paul spent 20 years working on global strategic issues in various positions with industry, government and research institutions worldwide.

Your essential business survival guide in today’s complex world

“Paul Laudicina gives extraordinary insight into the emerging environment in which today’s business leaders operate, and more importantly, provides a clear argument for how sound strategy can help overcome the unpredictability and turmoil affecting business performance.”

—J.T. Battenberg III, Chairman, President, and CEO, Delphi Corporation

“In these high-risk times, Paul Laudicina has masterfully integrated the challenges facing international business with the lessons of a disordered world. He offers a comprehensive road map detailing where we are headed as global citizens, consumers, and decision makers in transnational companies.”

—Garrick Utley, President, Neil D. Levin Graduate Institute of International Relations and Commerce, State University of New York

“A compelling overview of the uncertain world at the start of the 21st century. Rigorously researched and powerfully imagined, this is an indispensable guide to decision making in an environment shaped by new risks and opportunities.”

—John Gray, School Professor of European Thought, London School of Economics

“Timely and provocative, World Out of Balance is a helpful companion to decision makers facing growing uncertainty and complexity in global markets. Paul Laudicina lays out a compelling battle plan for leaders determined to reach their goals despite a bewildering array of obstacles.”

—Thomas D’Aquino, President and Chief Executive, Canadian Council of Chief Executives

“World Out of Balance provides valuable insight into the driving forces of the new global environment for business. This is the thinking executive’s guide to tomorrow’s markets and customers—and dangers and challenges. Don’t head into the future without it."

—Martin Walker, Chief Executive Officer and Editor-in-Chief, United Press International


Product Details

  • Hardcover: 256 pages
  • Publisher: McGraw-Hill; 1 edition (November 30, 2004)
  • Language: English
  • ISBN-10: 0071439188
  • ISBN-13: 978-0071439183
  • Product Dimensions: 9.1 x 6.2 x 0.9 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (8 customer reviews)
  • Amazon Best Sellers Rank: #1,152,037 in Books (See Top 100 in Books)

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Customer Reviews

8 Reviews
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Average Customer Review
4.1 out of 5 stars (8 customer reviews)
 
 
 
 
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3 of 3 people found the following review helpful:
4.0 out of 5 stars A balanced view, September 8, 2005
This review is from: World Out of Balance: Navigating Global Risks to Seize Competitive Advantage (Hardcover)
The best thing about this book is that serves as a refresher course on integrating risks into business strategy in the first quarter of the twenty first century. Business environment undergoes dramatic changes driven by macro economic and political factors and hence it is important to redefine the strategic maps continuously. The author has listed the five most important factors - Globalization, Demographics, Consumption patterns, Natural Resources and Environment, Regulation and Activism that play a significant role in shaping business success. One chapter is devoted to each of these factors. Frankly, I did not find anything original in any of these. However each chapter is a very good summary on the topic which otherwise need a separate book for each. MBA students will be glad to hear this.

Different scenarios are discussed under each chapter and the impact of these on business is discussed. Honestly, this treatment is grossly inadequate. A good overview emerges at the end but again it lacks depth.

The book is not industry specific and to that extent is balanced. I recommend further detailing in another book by the author so that we can put concepts into practice. As pointed out rightly in the book, this is the `why' of the topic. We need also to understand the `how' of implementation.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars A useful guide to a changing global business environment, January 16, 2005
This review is from: World Out of Balance: Navigating Global Risks to Seize Competitive Advantage (Hardcover)
This book is a fascinating and useful guide to the challenges that companies face in today's networked global economy. Over the past few decades, corporations have become increasingly dependent on global networks of suppliers and customers. Yet at the same time, the political and economic environment has become increasingly hard to predict. In order to survive in this rapidly changing world, it is critical that businesses understand global trends and the risks and opportunities they imply. This book shows you how to do just that.

The book is a great way to get up to speed quickly on the main trends that are shaping global politics and economics. But it also presents a simple yet powerful framework for understanding how these trends might affect your business-either positively or negatively. It not only describes the key macro trends, it also analyzes them for their potential impact on business strategies.

The discussion begins with six drivers that are shaping the global environment: technology, globalization, demographics, consumers, the environment and regulation. There is a chapter on each driver summarizing the key trends and illustrated with fascinating and useful facts. There are new ways of looking at familiar issues-like the demographics of aging in developed and developing countries-and surprising discussions of less familiar topics-such as the political consequences of water scarcity around the world.

After laying out the drivers, Laudicina brings them together to build three scenarios for how the world might change over the next few decades. Laudicina also describes a number of low-probability, high-impact "wild card" events that could change all of the rules of the game.

The final chapter offers a practical methodology for mapping your own organization's risk profile so that you can begin to leverage the drivers and scenarios to better understand the specific risks and opportunities that your company faces. Avoiding the typical checklist approach to risk management, it presents a process to engage all levels of your organization in thinking strategically about the future of the company in a changing world.
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1 of 1 people found the following review helpful:
4.0 out of 5 stars Bring some balance to your business with "World Out of Balance", May 7, 2009
This review is from: World Out of Balance: Navigating Global Risks to Seize Competitive Advantage (Hardcover)
Too many businesses of every size and type get so focused on managing their day-to-day operations that they lose sight of external conditions that may have a dramatic impact on the very existence of their organization. In the book titled - "World Out of Balance" - author Paul A. Laudicina, provides a practical structure intended to help any organization adapt to the ongoing evolution of the global business environment while making sense of both the seismic and subtle shifts that occur. Soundview recommends this book because Laudicina identifies five trackable drivers of change that virtually anyone can keep an eye on including: globalization trends, demographics, the new consumer, natural resources and the environment, as well as regulation and activism. Bring some balance to your business with "World Out of Balance."
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
key emerging markets, immigration queue, youth bulge, value builders, restless masses, world bazaar, constrained energy, partial restraint, global business environment
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, North America, Middle East, Central Asia, European Union, Saudi Arabia, United Kingdom, South Korea, United Nations, Latin America, General Motors, South Africa, World Bank, Colorado River, Great Britain, South America, Aral Sea, Dimension Long, Hindustan Lever, South Asia, The New Consumer, World Trade Organization, World War, Brent Spar, Green Revolution
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