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Pankaj Ghemawat

2011 Ranking: #27

Winner: 2011 Thinkers50 Book Award

Pankaj Ghemawat is the Anselmo Rubiralta Professor of Global Strategy at IESE Business School, in Spain. Prior to that he was the youngest full professor ever appointed at Harvard Business School.

Best known for his work on globalization, Ghemawat's books include Games businesses play: Cases and models (1997); Creating value through international strategy (2005); Redefining global strategy; Crossing borders in a world where differences still matter (2007); and Strategy and the business landscape (2009).

In World 3.0: Global prosperity and how to achieve it (2011), Ghemawat examines globalization and the assumptions made about it. He refutes the idea that there is a single global economy – the central premise of Thomas Friedman's 2006 book The World is Flat. Instead, he argues, on the basis of various economic measures and indicators, nations are much more disconnected than we imagine. We live, he says, in a semi-globalized world at best.

Regional differences exist and matter, argues Ghemawat, and the unevenness and differences that exist from region to region are a potential source of commercial advantage.

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