Business Standard

Firms in a tough global environment

Strategy thinkers have to redesign firms

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Illustration: Ajay Mohanty

Ajay Shah
The scaling back of cross-border restrictions —on the movement of goods, services, capital, labour, and ideas — was a central source of high economic growth in the post-war period. There are four concerns or problems roiling this global environment. Just as greater integration creates growth in gross domestic product (GDP), de-integration creates a decline in GDP. It is in the interests of policymakers everywhere to grapple with the problems of protectionism to better contain China, and to engage in unilateral liberalisation. Strategy thinkers in financial and non-financial firms need to critique and correct organisation designs to fare well in this
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Mar 31 2024 | 10:09 PM IST

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