Pankaj Ghemawat

Award-winning author, speaker and economist, Global Professor of Management and Strategy at NYU's Stern School of Business and Professor of Global Strategy at the prestigious IESE Business School in Barcelona.

Pankaj Ghemawat is an economist, speaker and award-winning author of economics publications including "Redefining Global Strategy" and "World 3.0". He is also an advisor on globalization and business strategy. In 2011 he developed the DHL Global Connectedness Index, a detailed country-by-country analysis of the flows that connect the world. He is a Professor at NYU /Stern School and IESE and has been listed as the youngest guru on "The Economist's" list of top management thinkers.

He speaks and consults regularly on business strategy, globalization and its public policy implications, as well as on competitive strategy.

Videos of Pankaj Ghemawat

About the Global Connectedness Index
IESE Business School, Barcelona, Spain

Speaker Profile

About Pankaj Ghemawat

Awards, accolades, achievements, honours

  • Youngest business guru to be included in the Greatest Management Thinkers of all time guide published by The Economist in 2008
  • Winner of the Thinkers 50 Book Award for the best business book published in 2010-2011 for World 3.0. Individually ranked at number 27
  • Winner of the IESE Alumni Research Excellence Award
  • McKinsey Award for the best article published in the Harvard Business Review
  • Irwin Educator of the Year award from the Business Policy and Strategy division of the Academy of Management

Background / History

Pankaj Ghemawat is an advisor on globalization and business strategy. He is also a management guru whose expertise in the global economy is reflected in his own mix of cultures, American, European and Asian. In 1991 at the age of 31 he became the youngest-ever full professor at Harvard Business School having done a bachelor degree in applied mathematics and a PhD in business economics there. He worked at consultants McKinseys in London for 2 years and then returned to Harvard to teach.


Pankaj has made his name arguing against the presumption that globalization has already happened, setting his views in direct opposition to those of Thomas Friedman who famously argued in an article of the same name that The World is Flat. Ghemawat uses statistics about food distribution and international phone calls amongst others, to paint a picture of a very different world where national borders still matter a lot. In Redefining Global Strategies he says a one-size-fits-all approach to globalization wont work and that companies must find ways to manage differences across regions. He continues the theme in World 3.0 arguing that business opportunities will be missed if we over-exaggerate the extent of global integration.

He has written over 100 research articles and case studies and is the Chairman-Designate of the Strategy Research Foundation. He is a fellow of the Academy of International Business and of the Strategic Management Society and was a member of the AACSB business schools task force - writing their report on what to teach students about globalization and how.

Current / Past Roles & Positions

  • Award-winning author of landmark publications and over 100 research articles, speaker, economist and advisor on globalization and business strategy.
  • Global Professor of Managment and Strategy at NYU's Stern School of Business.
  • Anselmo Rubiralta Professor of Global Strategy at IESE Business School in Barcelona.
  • His book World 3.0 "will inspire all global stakeholders in times of major global challenges" - Director General of the World Trade Organization, Pascal Lamy.
  • Youngest person ever to be appointed Professor at the Harvard Business School.
  • Coined the term 'globaloney' to describe overestimates of global integration.

Speaking Style

Rational, measured and realistic, Pankaj uses concrete examples to back up his arguments, leading to an assessment of world globalization that business leaders can use.

Speaking Topics

Spanning The Globe: How to win in the new environment

Whether you’re fearing or feeling the globalization backlash, now is the time to adapt to win. Ghemawat shares the latest data and advice on how to cross borders more profitably. He identifies the most critical implications of the current pressures for globalization on companies’ strategies, portfolios, organization and societal engagement. And he provides practical, proprietary tools like his CAGE Comparator to guide your decisions in today’s unprecedented environment.

World 3.0: The Future of Globalization

In this bold new keynote, Ghemawat takes stock of 2016’s upheavals and discusses how the new trajectory of globalization differs from the past in terms of its speed, form, loci of global growth, and patterns of international relationships. Audiences walk away with a more complete understanding of their options based on fresh data from Ghemawat’s DHL Global Connectedness Index, historical referents, and his two laws of globalization. Ghemawat also focuses on the implications for business strategy and public policy.

  • Seismic Shifts in China and India
  • The Future of Global Competition
  • Strategic Planning and Execution
  • Economic Evidence of the Globalisation of Markets
  • Competitive Strategy
  • Global Strategy
  • Globalisation
  • Business Economics
  • Strategic Innovation


Testimonial for World 3.0: "The right book at the right time... (about) ways to make the global economy more stable--and more sustainable." - Peter Lscher, CEO of Siemens

Testimonial for World 3.0: "World 3.0.should be read by anyone who wants to understand the most important economic development of our time." - The Economist

Testimonial for Redefining Global Strategy: "Pankaj Ghemawat is one of those rare individuals who combines world class scholarship with a deep knowledge of business practice. Redefining Global Strategy tackles the crucial balance between local and global that will often define success in an increasingly globalized world economy." - Michael E. Porter, C. Roland Christensen University Professor, Harvard Business School

Testimonial for Redefining Global Strategy: "An important strategic guidebook for leaders of the 21st century globally integrated enterprise... (with an) analytic framework which is visionary and pragmatic - aware of the broader historic trajectories of globalization, but grounded in the real kinds of decisions business leaders have to make." - Samuel J. Palmisano, Chairman and CEO, IBM

“Ghemawat combines world class scholarship with a deep knowledge of business practice.” - Michael Porter, Harvard Business School

“He sets a visionary but pragmatic agenda for senior managers, businesses, and governments.” - Michel Camdessus, International Monetary Fund (retired)

“Ghemawat helps CEOs and leaders make smart decisions.” - Samuel Palmisano, Chairman, IBM (retired)

Books By Pankaj Ghemawat

  • The semi-annual DHL Connectedness Index: The State of Globalization in an Age of Ambiguity (Nov 2016) **Data-rich
  • Critical blog posts with Harvard Business Review that relate to a number of audiences and countries
  • As Brexit Negotiations Start, Companies Need Contingency Plans (Jun 16, 2017)
  • Figuring Out Which Companies and Industries Will Be Most Damaged by Brexit (Mar 29, 2017)
  • Even in a Digital World, Globalization Is Not Inevitable (Feb 1, 2017)
  • If Trump Abandons the TPP, China Will Be the Biggest Winner (Dec 12, 2016)
  • Trump, Globalization, and Trade’s Uncertain Future (Nov 11, 2016)
  • People Are Angry About Globalization. Here's What to Do About It (Nov 4,2016)
  • What Uber's China Deal Says About the Limits of Platforms (Aug 10, 2016)
  • The EU Needs to Make Sure Continental Countries Don't Exit (Jun 28,2016)
  • A new academic book, The Laws of Globalization and Business Applications (Oct 2016, Cambridge Univ Press)
  • Harvard Business Review podcast, Globalization: Myth and Reality (Feb 2017)
  • Nikkei Asia Review: Southeast Asia’s Globalization Outperformers (Mar 29, 2017)
  • Washington Post: Is America enriching the world at its own expense? That’s globaloney (Feb 3, 2017)
  • Foreign Affairs video interview, Pankaj Ghemawat on Chinese Companies and Corporate Power (2016)
  • Foreign Affairs podcast, How to Measure the Chinese Economy (2016)
  • Foreign Affairs article, Can China's Companies Conquer the World? The Overlooked Importance of Corporate Power (2016)
  • World 3.0: Global Prosperity and how to Achieve it (2011)
  • Strategy and the Business Landscape (2009)
  • Redefining Global Strategy (2007)
  • Games Businesses Play (1998)
  • Commitment (1991)

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