Courtesy of Sadagopan I saw this PwC CEO survey of Globalization. It is an interesting read and focuses on the "new second world" - what Goldman Sachs calls BRIC - Brazil, Russia, India, China. I would like to also throw K - Korea in to the mix.
Together, not only do they represent a huge sales opportunity for Western companies and Japan - but also a significant supply base and growing competitive threat.
Jack Welch of GE once said he had breakfast with a supplier, lunch with a competitor, dinner with a customer - and it was the same person. The difference today is the meals would likely involve curry, caviar or choy.
