The IAOM

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Ghemawat, Panjak

Global professor of management and strategy and director of the Center for the Globalization of Education and Management at the Stern School of Business at New York University, and the Anselmo Rubiralta professor of Global Strategy at IESE Business School, University of Navarra.

Pankaj Ghemawat received his bachelor’s degree in applied mathematics (and was elected to Phi Beta Kappa) and his Ph.D. in business economics from Harvard University.

After a stint at McKinsey & Company, he spent 25 years on the full-time faculty at Harvard Business School, where, in 1991, he became the youngest full professor in the school’s history. Ghemawat is currently the Anselmo Rubiralta Professor of Global Strategy at IESE Business School in Barcelona.

Much of Prof. Ghemawat’s recent work focuses on globalization and global strategy. His book, Redefining Global Strategy, was published by HBS Press in 2007, to enormous acclaim. In the words of Sam Palmisano, Chairman and CEO of IBM, “Pankaj Ghemawat has created an important strategic guidebook for leaders of the 21st century globally integrated enterprise. His analytic framework is both visionary and pragmatic – aware of the broader historic trajectories of globalization, but grounded in the real kinds of decisions business leaders have to make.  It will help CEOs and leaders of institutions make smarter decisions on one of the most important challenges we all face.”

in 2008 he has  been named the Educator of the Year by the BPS Division of the Academy of Management. In August 2008, he won the Irwin Outstanding Educator Award from the Academy of Management (California). He has been the first European Business School Professor who receives this award. In October 2008 has been appointed Fellow of the Strategic Management Society (SMS)

Prof. Ghemawat’s other recent globalization-related publications include “Regional Strategies for Global Leadership,” which won the McKinsey Award for the best article published in the Harvard Business Review (HBR) in 2005; “Global Integration? Global Concentration” (with Fariborz Ghadar), the lead article in August 2006 in Industrial and Corporate Change; “Managing Differences: The Central Challenge in Global Strategy,” the lead article in March 2007 in HBR; and “Why the World Isn’t Flat,” which appeared in Foreign Policy in March/April 2007. Recent globalization-related articles include one with Thomas Hout on Indian and Chinese multinationals in HBR, and another with Catherine Thomas on multi-market competitive dynamics in Management Science.

Prof. Ghemawat is also engaged in a stream of work on the globalization of business education, with initiatives that include a casebook on global strategy with Jordan Siegel, to be published in 2009 by Harvard Business School Press; broader efforts at curricular analysis and development that are summarized in his 2008 article in the Journal of Management Development, “The Globalization of Business Education,” and membership of an AACSB taskforce focused on the topic that is set to issue its report in 2009.

Ghemawat’s other books include Commitment, Games Businesses Play and Strategy and the Business Landscape. He also serves as editor for Strategy at Management Science. He was elected a fellow of the Academy of International Business in 2007, and in 2008 received the IESE-Fundación BBVA Economics for Management Prize as well as being named the Educator of the Year by the BPS Division of the Academy of Management

Areas of interest

Pankaj Ghemawat is one of the younger representatives of the Indian gurus of management—men who straddle cultures, American, European and Asian, and throw new light on corporate behavior, and particularly its global aspect.

Ghemawat follows in the steps of Sumantra Ghoshal (see article), whose early work was on managing across borders, and C.K. Prahalad (see article), whose later field of interest was “the base of the pyramid”—helping businesses to work with poorer customers. In 1991 Ghemawat became the youngest-ever full professor at Harvard Business School, no mean achievement. He gained a PhD in business economics from Harvard University and then went to work for consulting firm McKinsey & Company in London for a couple of years before returning to Harvard to teach.

  • Globalization and Strategy
  • Emerging markets
  • Game theory and Strategy