This case is about EMERGING MARKETS
PUBLICATION DATE: July 15, 2013 PRODUCT #: BH544-PDF-ENG
The Neglected Need for Strategic Renewal in Emerging Markets Lessons from Vietnam in Transition case solution
Analysis on policy in promising markets is positioned on too static renderings, paying inadequate awareness on the worth of companies’ resources to the effect of contextual modification. This informative article scrutinizes the shifting rules of the game within their business environment influenced a sample of the successful Vietnamese private companies during the very first decade of their nation’s transition from central planning.I suggest that the main takeaway is dedicated and on-going strategic renewal is required by sustained outstanding performance in an environment with shifting keys to success. In addition, I indicate the demand for the two supervisors and scholars to immerse themselves in emerging markets if they care to completely comprehend the granular manners in which these settings differ from more recognizable complex economies.