Borderless business practices required to drive success

• Book ID: 104379476
• Publisher: Elsevier Science
• Year: 2006
• Tongue: English
• Weight: 111 KB
• Volume: 2006
• Category: Article
• ISSN: 1350-4789
• DOI: 10.1016/s1350-4789(06)71400-3

✦ Synopsis

To be successful in today's flat and fast world, auto suppliers must recognize and accept no limits, time zones or market barriers.

This was the theme of a presentation by Dr Mohsen Sohi, president and chief executive officer of Freudenberg-NOK, in a presentation at a Management Briefing Seminar. To be successful, companies must adopt and adapt to different ways of thinking, and be open to areas that were once considered borders, he says.

In his speech, 'Beyond here there be dragons,' Sohi shared his view of a rapidly expanding global business perspective. He urged suppliers to look past their traditional views, to a new level of global cooperation. As a company that maintains a strong global balance, Freudenberg-NOK has attempted to develop and maintain a seamless flow of technology, while coordinating a level of superior service to customers throughout the world. He noted that while some may protest the globalization of business, it can