Tuesday, November 14, 2006

THE IMPORTANCE OF EXECUTION AND GOVERNANCE

Identifying the right growth strategy is critical for building a world-class business, but execution and governance determine whether companies in emerging markets can realize their potential. While that may be true about building great companies anywhere, our research suggests that excellent execution and good governance are particularly valuable in newly industrializing countries. Financial and talent resources in emerging markets are scarce, but companies that can execute well end up getting more out of them.

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Source:- IIPM Editorial

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