China, India, and what JSB and Hagel think

From the HBS working knowledge series:

John Hagel III and John Seely Brown:

Perhaps the most striking observation was the deep sense of urgency expressed by
executives in both China and India, shaped by a clear understanding that wage
rate arbitrage is not a sustainable source of advantage. Instead, these
executives are highly focused on rapid incremental innovation, both in terms of
processes and products, and creatively bootstrapping their capabilities wherever
possible. We began to see that these executives are mastering new management
techniques that can be very helpful in building new forms of strategic
advantage.

Read more about their new book here