Faculty News
Professor Robert Salomon's book, "Global Vision," is named one of the "Best Business Books of 2016" by strategy + business
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Excerpt from strategy + business -- "Instead of looking to the best practices of the Fortune 500, Salomon seeks salvation in data. The ease or difficulty of doing business in another country isn’t determined only by the norms and culture of that country; it’s also determined by the ease or difficulty of doing business that you’re accustomed to in your home country. Salomon believes it is possible to measure and express as a number such differences as the 'institutional distance.' And, he continues, 'studies show a positive correlation between institutional distance and the level of risk in doing business across countries.' When crafting a global strategy, he argues, executives would be well advised to calculate that distance."
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