Leadership in today’s economy, where physical borders do not define boundaries, requires discipline, culture, and processes for sustainable success. The economies of India, China, and Africa are rapidly expanding. The developing economies have become centers of growth and innovation, threatening the dominance of the U.S. and Europe. A while back Goldman Sachs predicted that Japan, Brazil, Russia, India, and China will account for nearly half of global growth by 2020. And its happening. China just overtook the U.S. as the world’s largest economy. Leaders and enterprises often celebrate success when they launch an innovative service or product, then sit back and wait for the money to roll in. They sometimes fail to recognize how quickly nimble competitors from around world can swoop in and beat them to the bottom line.
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