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<v ->BCG's Global Challengers Series, launched in 2006,</v>

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now focuses on Asia-Pacific,

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a region at an inflection point,

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powering the world's growth.

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It excites me a lot.

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APAC is moving beyond legacy advantages

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of cost and resources.

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Asian companies are now expanding globally

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with leapfrog advantages in innovation, cultural influence,

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and bold capital risks.

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This report captures that shift

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by spotlighting a select group of companies,

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which are defining what the next wave

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of globalization looks like, from APAC to the world.

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<v ->Asian firms stand to benefit</v>

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despite the geopolitics of our times.

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For one, I've seen Japanese companies very active

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in ASEAN and India right now.

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Chinese companies expanding overseas

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at a very fast pace as well.

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Moreover, for companies out of India,

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which is a relatively geopolitically neutral country,

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there is an opportunity to set up JVs, M&amp;As,

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and formulate growth strategies all over the world.

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So I think it's overall positive.

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<v ->Three themes stood out.</v>

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Globalization is now broader across APAC,

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not just a few traditional giants.

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New sectors like healthcare, green energy,

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and culture are rising.

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Disruptors are scaling faster

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and bolder with technology and AI,

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while globalizers are evolving to stay relevant.

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That dual momentum is super exciting.

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<v ->APAC firms must introspect to fully understand</v>

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what their sources of advantage are,

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but that alone won't be enough.

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They need to build geopolitical muscle.

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They need to reimagine supply chains,

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and to adapt their operating models to build resilience.

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<v ->While cost efficiency and resources remain important,</v>

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Asia-Pacific is now pivoting toward

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what we call leapfrog advantages like faster innovation,

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growing cultural influence, and bold capital risks.

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The most competitive APAC firms are blending both

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legacy and new advantages,

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shifting the balance of global competitiveness.

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