Operating in the era of Peak Globalization

Peak Globalization

by Bruce Nussbaum  | 

We are living in an era of Peak Globalization as  the speed, scale, and disruption of globalization begin to blur  the costs/benefits  boundaries, and according to the author, the universal economic benefits of globalization are breaking down. 

Looking forward toward the next decade and beyond, we are seeing countries increasingly prize sovereignty over multi-lateralism, national interests over international cooperation, and local constituencies over global populations. 

What are the major forces at work producing this Peak Globalization moment?

Strategic Innovation - The AVAC framework (Activities, Value, Appropriability, and Change)

In his book Strategic Innovation (Routledge, 2009), professor Allan Afuah provides us with a comprehensive strategic framework for assessing the profitability potential of a strategy or product.- the value of "new game" strategies -  in the face of rapid technological change and increasing globalization. It's not enough to create value in new and different ways, he says. Nor is it sufficient to merely capture value today. To compete and win, firms may need to rewrite the rules of the game altogether, overturning existing ways of both creating and appropriating value.  The most important thing, he stresses, is that a firm pursue the right new game strategy... A brief Interview of Professor Allan Afuah by Deborah Holdship follows....Let's start by talking about strategic innovation in the most general sense.