Alibaba's strategy expert explains how machine learning, algorithms, and AI are redefining what strategy is and how it works. The book reveals the revolutionary practices that the author and his team have adopted at Alibaba and frames this in the broader context. The result is a book that provides a radical new toolkit for formulating and executing strategy that all businesses can apply.
The new competitive challenge from Chinese businesses is like nothing seen by Western companies since the Japanese arrived twenty years ago with their cars and consumer electronics. To fend off these fierce competitors, managers must forget yesterday's image of Chinese companies as producers of cheap, low-quality imitations flooding world markets. In fact, by strategically implementing what the authors call cost innovation, Chinese firms are advancing into high-end products and industries and competing for such high-value activities as engineering, design, and even R&D. The first book to examine this new competitive force, Dragons at Your Door exposes the strategies, strengths, and weaknesses of these fast-rising Chinese competitors, surfaces the underlying logic that enables Chinese firms to attack high-end industries, and provides critical new insight into these very different competitors.