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Item Details
Title: THE STRATEGY FOR KOREA'S ECONOMIC SUCCESS
By: Hwy-Chang Moon
Format: Hardback

List price: £64.00
Our price: £56.00
Discount:
12.5% off
You save: £8.00
ISBN 10: 0190228792
ISBN 13: 9780190228798
Availability: Usually dispatched within 1-3 weeks.
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Publisher: OXFORD UNIVERSITY PRESS INC
Pub. date: 2 May, 2016
Pages: 304
Description: The Strategy for Korea's Economic Success describes the four factors comprising the ABCD model and details how Korea exemplified the four factors in achieving its current level of success. It further demonstrates how the ABCDs with internationalization can both create and sustain competitive advantages.
Synopsis: The success of Korea has inspired numerous studies and research in the past decades. Despite good efforts to analyze the strategy of Korea, earlier studies have not been able to satisfactorily explain the country's "miraculous " growth. After thorough analysis of these earlier studies, a new model was developed to show that a country or firm does not have to be more innovative or possess more resources to have a competitive advantage over others. In The Strategy for Korea's Economic Success, Hwy-Chang Moon details four factors that comprise the ABCD model and illustrates how Korean government, corporations, and people have exemplified these factors in achieving their current level of success. The four factors are agility (speed + precision), benchmarking (learning + best practices), convergence (mixing + synergy), and dedication (diligence + goal-orientation), and together, they have enabled Korea's economic success and will continue to drive the next level of growth. Anyone can become more competitive with proper management of the ABCDs. Korea's development strategy holds special value, because it is more practical and appropriate for many developing countries.For more developed countries, on the other hand, the ABCDs can be used to fast-track the next phase of growth. This book also highlights the role of internationalization in broadening the scope of strategic choices, and shows how the combined implementation of internationalization and the ABCDs deepens pool of strategic resources.
Publication: US
Imprint: Oxford University Press Inc
Returns: Returnable
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