Boston Consulting Group (BCG) recently came out with their annual list of Global Challengers, i.e. 100 large and particularly successful companies that are based in rapidly developing economies and going global fast. I always find this interesting reading; companies from 14 nations are highlighted (including Argentina, Chile, Egypt, Hungary, Indonesia, Malaysia, Mexico, Poland, Thailand, Turkey and, of course, the BRIC nations). As usual, the authors do a nice job outlining these companies’ performance, analyzing their motivations and strategies, and set forth key implications for incumbents multinational companies who will soon encounter them—if they haven’t already—as formidable competitors in markets around the world, but also as potential suppliers, customers, and partners. There are some familiar names for regular readers of this blog, plus some new ones to follow. Enjoy!