Virtual Chapter Event
 November 18, 2022
12:00 PM EDT - 1:00 PM EDT

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Misplaced Assumptions When Competing In and With China 

In 2020, China dethroned the United States from the top of the Fortune Global 500. In 2021, China extended its lead with 13 more firms on the list than the U.S. (135 vs. 122).  Today, China not only has a growing number of giant firms, but its largest firms are growing much faster than its overall economy and much faster than those in the U.S. and Europe.  These firms are not only powerhouses in China but are extending their reach overseas. 

Chinese enterprises certainly deserve credit for their smart strategies and hard work. But they have also benefited from flat-footed and inattentive Western business leaders and policymakers.  As my co-author and INSEAD professor Stewart Black and I report in our upcoming book, Global Enterprise: Adopting a Competitive Strategy for Business Success, the failure of Western businesses is rooted in significant misperceptions and misplaced assumptions about the realities of Chinese business.  In this webinar, I discuss four key assumptions that the US and other Western leaders often get wrong.  Recommendations for competing in and with China will also be provided. 

Speaker: Allen Morrison, PhD 

Allen J. Morrison is a professor at the Thunderbird School of Global Management. Morrison previously served as CEO and Director-Genera at Thunderbird as well as senior advisor for global management education and executive education initiatives at Arizona State University. Before joining ASU in 2014, Morrison was a professor of global management and the holder of the Kristian Gerhard Jebsen Chair for Responsible Leadership at IMD in Switzerland. Professor Morrison was also the director of the IMD Global CEO Center, which focuses on the challenges CEOs face while leading their companies in the global economy. 

Professor Morrison has authored or co-authored more than 60 articles and case studies and 13 books including “Enterprise China” (Wiley and Thinkers50) "Global Explorers: The Next Generation of Leaders," “Thriving in the Future: A Responsible Leader’s Guide to Sustainability,” "Failure to Globally Launch: The Case for Aspiring Market Giants," "Competition in Global Industries" and "International Management," currently in its 5th edition. His research has been published in a range of journals including Harvard Business Review, Strategic Management Journal, Sloan Management Review, and the Journal of International Business Studies. 

Professor Morrison has consulted with a wide range of companies around the world. Some of these companies have included Shell, Sika, Toshiba, The World Bank/IFC, NYSE Euronext, IBM, E&Y, Rio Tinto, Skanska, Takeda Pharmaceuticals, Novartis, HSBC, Accenture Consulting, ExxonMobil, KPMG, The Limited Brands, ING Bank, Nissan, Hutchison Port Holdings, Scott Bader, General Motors, DSM, Mubadala, Manulife, AT&T, Maple Leaf Foods, Mattel, ARCO/BP, Amcor, Dofasco, the Kellogg Company, and PCCW. 

Professor Morrison also served on the faculty at INSEAD where he was director of Executive Education for INSEAD North America. He was also J. Armand Bombardier Chair of Global Management and Associate Dean- Executive Development at the Ivey School of Business in Canada. He has also served as a visiting professor at the UCLA Anderson School of Management, Tsinghua University (Beijing), and The China Europe International Business School (CEIBS) in Shanghai. He has also served on the boards of private and NASDAQ listed companies.