The second edition of Tiger Management explains the origins, development and effectiveness of Korean management, the challenges which Korean firms currently face, and discusses their ongoing efforts to overhaul their management practices in order to sustain their strong global competitiveness. The book provides up-to-date information on Korean venture firms and start-ups, and discusses in detail how the management practices of Korean firms have changed and evolved over time in the recent years. It includes an extended discussion on what non-Korean firms can learn by differentiating between emerging market and developed market firms, and the way forward for Korean firms in the 21st century.