Since sound management strategies, policies and practices are critical in shaping the future and fortunes of corporations, we have formalized arrangements with the world's best management schools and thought leaders to contribute in this section, articles and reports on many topical issues facing the corporate leaders and professionals of today.

Articles
The Road to China: Fresh Insights into the World's Fastest-growing Economy
Earlier this year, Harbir Singh, Wharton’s vice-dean for Global Initiatives, launched a series of trips to foreign countries as a way for faculty to gain a deeper understanding of international economies and then use this knowledge in their teaching and research. Six professors recently visited the Chinese cities of Beijing, Shanghai and Shenzhen, and met with executives from Lenovo, Haier and Huawei, among other companies. Knowledge@Wharton asked three of the participants – Singh, management professor Saikat Chaudhuri and health care management professor Lawton R. Burns – to share insights from their trip. Below is an edited transcript of the conversation. more
Playing on a Global Stage: Asian Firms See a New Strategy in Acquisitions Abroad and at Home
Asia has become the world's hottest arena for mergers and acquisitions.
European and American companies are seeking a larger presence in the world's fastest-growing economies even as Asian companies with strong local currencies and ample credit are pushing to enter new markets or consolidate existing ones at home. During the first quarter, Asian M&A activity more than doubled from a year earlier while activity in the United States and Europe declined, according to merger-market tracker Dealogic.
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Are Overconfident Executives More Inclined to Commit Fraud?
No one makes it to the top ranks of corporate management without a healthy amount of self-assurance. Confidence underlies decisive, strong leadership, but does overconfidence lead managers to cross the line and commit fraud?
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Videos
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Investing in Indonesia
An interview with Gita Wirjawan, chairman of BKPM, Indonesia Investment Coordinating Board. more |
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China and India: Different Roads to a Common Destiny
Girija Pande, chairman of Tata Consultancy Services for Asia Pacific, knows both India and China well, looking back and looking forward. In a conversation with Wharton management professor Jitendra Singh, he shares his thoughts on the strengths and weaknesses of both countries, and the challenges facing their businesses and governments. more |
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'Globality': Why Companies Are Competing with Everyone from Everywhere for Everything
Tata Motors, Embraer and Good Baby make vastly different products, but they have one thing in common: They are among a new breed of emerging-market companies that are reshaping global business. more |
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Generating Cash: BCG and Knowledge@Wharton
Part 1: Generating Cash: In a downturn, cash is critical to survival. In this special video report, experts from Wharton and The Boston Consulting Group outline seven cost-cutting and cash-generating actions that companies can take to boost cash flow and win as an economy cycles through contraction and expansion. more |
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Sunil Bharti Mittal on Entrepreneurship
When Sunil Bharti Mittal started in business more than 30 years ago in Ludhiana in Northern India, he borrowed $1,500 to make bicycle crankshafts. Today, he heads the $5 billion Bharti Group, whose flagship company, Bharti Airtel, is India's largest mobile phone operator. more |
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Finding Strategic Opportunities: BCG and Knowledge@Wharton
Part 2: For ambitious companies, downturns create opportunities to gain a competitive advantage and reshape industries. Instead of simply surviving, they seek to build on their core strengths and gain market share, looking for ways to leverage their capabilities in new fields, industries or market segments. more |
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Muhtar Kent on Creating Growth and Value for Coca-Cola: Wharton Leadership Lecture
Muhtar Kent, President & CEO of The Coca-Cola Company, talks about creating sustainable growth and value for Coca-Cola as more than a billion people worldwide enter the middle class and the world becomes more resource constrained. more |
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News
Davos 2012: 'Joblessness and Its Discontents' Wed, 01 Feb 2012 15:41:52 EST
Optimism was in short supply at the 2012 annual meeting of the World Economic Forum in Davos, Switzerland, which ended on Sunday. As Wharton management professor Michael Useem reports below, keynote speakers and panelists alike focused on a number of problems that are getting in the way of global prosperity. Chief among them is unemployment, followed by a shortage of highly-trained workers needed to spur innovation and solve social challenges. On the bright side, Useem notes, is the rapid growth of emerging economies.
| IBM's Sam Palmisano: 'Always Put the Enterprise Ahead of the Individual' Wed, 18 Jan 2012 15:33:22 EST
As far as a legacy goes, says IBM chairman Sam Palmisano, "I just want to leave the company better than I found it." Judging by IBM's successes over the past decade, Palmisano, who was CEO of IBM until he stepped down earlier this month, did just that. During an interview with Wharton management professor Michael Useem, Palmisano discussed the sale of the company's personal computer business, the PricewaterhouseCoopers acquisition, how a big company can encourage innovation, and what he learned from his mentors, among other observations drawn from almost 40 years at IBM.
| Customers, Competition and Cost: Sam's Club CEO Brian Cornell on the Essential 'Cs' of Leadership Wed, 18 Jan 2012 15:33:22 EST
For Sam's Club CEO Brian Cornell, good leadership is about getting inside the heads of the warehouse chain's 47 million shoppers and figuring out the product mix and shopping experience that will keep them coming back for more. At a recent Wharton Leadership Lecture, he talked about the "Cs" that govern his leadership style and the opportunities and challenges created by today's more value-conscious breed of consumer.
| Richard Branson's High-flying Autobiography: Many Success Stories, Few Success Secrets Thu, 12 Jan 2012 15:50:40 EST
Richard Branson, founder and CEO of Virgin Group, has a story to tell about his early days as a journalist, his creation of a mail-order record business and his expansion into enterprises ranging from planes and trains to cars, cell phones and spaceships. In his autobiography, Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way, which he has updated and expanded several times since its publication in 1999, Branson lets it all -- or most of it -- hang out, as Knowledge@Wharton notes in this review.
| From Terrorism to Tourism: Waving the Flag of Development in Colombia Tue, 03 Jan 2012 12:52:45 EST
Colombia's history has been plagued by violence, corruption and crime, images that have been readily apparent to the outside world due to media depictions and worldwide travel warnings. Yet thanks to the increase in safety and stability accomplished by the Uribe administration over the last decade, Colombia has become a destination accessible to more than just a select group of intrepid travelers. In fact, for the first time in history, tourism is proving to be a promising avenue for development in Colombia.
| Open for Business: The Pacification of Brazil's Favelas Tue, 03 Jan 2012 12:52:35 EST
On the morning of November 28, 2010, the Brazilian Special Forces, Military Police and other law enforcement units surrounded the Complexo do Alemão, one of Brazil's largest shanty-town communities and site of the country's most vicious drug wars. Two hours later, the Complexo do Alemão was in the hands of government security forces. Since then -- and with an eye to hosting the 2014 World Cup and the 2016 Summer Olympics -- the Brazilian government has been paving the way for a new entrepreneurial economy to take root in the Complexo.
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Republished with permission from Knowledge@Wharton, the online research and business analysis journal of the Wharton School of the University of Pennsylvania.

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