The Global Business Strategy (GBS) Blog was a limited-series weekly-updated commentary commencing 1st March 2019. It presented extracts from Outside Fortress Europe: Strategies for the Global Market in the context of global strategic management issues and more general international business affairs arising during the week of posting. The blog entries addressed the challenges these posed to companies from all countries, from all sectors and of all sizes who were designing and/or managing global business strategies during an extraordinary period in the history of globalization. This also includes firms pursuing purely domestic business strategies but which need to prepare for the harsh realities of global competition which Brexit and the much-lauded new international free trade deals will undoubtedly unleash.
The GBS Blog: Individual Posts and the Curated Global Business Strategy Album
Globalization, economics, politics, disruptive technologies, climate change, novel business processes, unorthodox organizational structures and a milieu of constant product/service innovations combine to create a crazy, frenzied and unpredictable international business environment characterised by multiple discontinuities.
The 24/7 news cycle reflects and amplifies this ‘noise’, making strategic decision-making an apparently precarious undertaking.
But the earth still spins on its axis and is not ‘shrinking’ or ‘flat’ as some business gurus would have us believe. A key challenge of global strategic management is to achieve a balanced approach to understanding and addressing the twin forces of continuity and disruption. The tricky tasks involving the determination of which type of change is which provides the subject of the first post on ‘Side One’ of this peer-reviewed, curated Global Business Strategy Album collection: Risk, uncertainty, the strategy challenge and organizational response.
The first two posts presented on The Global Business Strategy Album were entered on 1st March 2019. They are presented as extended ‘foundation essays’ which set the scene for the posts which follow. These combine extracts from Outside Fortress Europe: Strategies for the Global Market with ‘hot topics’ and global strategic management challenges arising during the week in which they were entered. The final posts of this series were entered on 3rd May 2019 and the last two are presented as ‘endnote essays’.
The extracts presented in this Global Business Strategy Album are taken from the first edition of the book. A second edition was published in December 2021.
The bonus track essay Be careful what you wish for. International trade is a two-way street… was added on 4th February 2020, three days after the United Kingdom of England, Wales, Scotland and Northern Ireland finally embarked on its post-Brexit international trade adventure.
The Global Business Strategy Blog: Philosophy, Scope and Objectives
If this is your first visit to The Global Business Strategy Blog and the album compiled from it please click/tap the ‘Strategic Management Think Tank’ icon above/left to discover its philosophy, scope and objectives.
The Global Business Strategy Album
Please click/tap the mini ‘Business News of the World’ icon to the left of each post to access its content.
Bonus track essay: Be careful what you wish for. International trade is a two-way street…
Global Strategic Management | Innovation | International Business | Marketing | Organizational Development
4th February 2020
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All content © Colin Edward Egan, 2022