Competing in a Flat World: Building Enterprises for a Borderless World

by: Victor K. Fung, William K. Fung, Yoram (Jerry) Wind
Competing in a Flat World: Building Enterprises for a Borderless World
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Product Description:
This is the eBook version of the printed book. In the "flat world," everything changes...above all, what it takes to run a winning company. Success is less about what the company can do itself and moreabout what it can connect to. Find out how it's done, from the company thatpioneered "flat world" success, Li & Fung, which produces more than $8billion in garments and other goods for the world's top brands andretailers -- without owning a single factory. Victor and William Fung and Jerry Wind, author of the best-selling ThePower of Impossible Thinking, reveal how they've replaced "old-fashioned" infrastructure and huge employee bases with a fluid, ever-changing network thatcan design, manufacture, and deliver almost anything, anywhere. The key tosuccess in this world is a set of principles for "network orchestration," described for the first time in this book. They examine how these principles canbe applied in manufacturing, services and other industries. They show how tobuild and orchestrate your own world-class global network. Compete "network vs. network" and win! Create a "big-small" company that combinesscale and agility. Forge loose-tight relationships withsuppliers. Balance control with empowerment, stabilitywith renewal. Manage the "bumps" in the flat world -- frompolitics to terrorism.


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Customer Reviews
Average Rating: out of 5 stars
Rating: 2 out of 5 stars - Much better than propaganda but worse than the average business cases
As somebody who had lived in Hong Kong for decades experiencing the evolution of its textile and clothing industry, I did expect much more from this book about how Li&Fung turned itself to be debatably one of the most successful trading house, supply chain or "network orchestrator" as the authors crown themselves in the world. Little had been talked about how it had taken advantage of the opening of Mainland China and the pool of low cost Textile and Clothing human resources in the Greater China ... Read More

Rating: 4 out of 5 stars - The idea is nice, but what happens when your musicians form a competing orchestra?
Yes, the global communications and logistics systems does make it easier and even necessary to involve the globe in your manufacturing, marketing, and distribution systems.The idea of the "Flat World" is now in everyone's vocabulary, but I think it is a bit overdone.Just because information CAN be communicated anywhere, made in more places than ever before, and shipped from and to almost anywhere, does not mean that anywhere is equivalent everywhere.

Still, I think this book is ... Read More

Rating: 5 out of 5 stars - Strategic and Operating Principles of Supply Chain Orchestration
What is supply chain orchestration?It's an outsourced service that some use in fragmented supply markets to have someone else select and manage a supply chain for each purchase order.For example, a retailer wants to offer a supply of pants in various styles and sizes.Rather than bid among hundreds of suppliers for raw material, zippers, buttons, sewing, and packaging, the retailer might hire a supply chain orchestrator to perform those roles for a fixed price per garment.Although buying the ... Read More

Rating: 5 out of 5 stars - How to Thrive Through a Sustainable Network Amid the Ongoing Pressures of Globalization
Victor and William Fung, group chairman and group managing director respectively of a Hong Kong-based multinational corporation specialized in sourcing, have partnered with Jerry Wind, a Wharton marketing professor and co-author of the illuminating The Power of Impossible Thinking: Transform the Business of Your Life and the Life of Your Business (2005) about strategic inflection points, to provide an exceptional how-to book focused on drilling down globalization to the level of existing businesses. ... Read More

Rating: 5 out of 5 stars - The way modern manufacturing processes are performed, international in scope and based on many relationships
The phrase, "flat world" is one of those that would have been best left unused, substituted by a more accurate one. In databases, a flat file is one where the data is in one large file with no relationship connections. When there are multiple entities with connections between them, we use the term relational database. Also, the phrase "flat world" seems to mean that everyone operates on the same level surface, which is hardly the case. There are now and always will be advantages to locating specific ... Read More

 
 
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