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globalization

Resistant to Change

There are six externalities that bring about change. They are regulation, capital markets, competition, technology, globalization and customers. When any of these external contexts changes radically and the company is either unable or unwilling to change, it often results in failure.

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Globalization - Handle With Care

Any organization that conducts business on a global basis has to be concerned about war, terrorism, tariffs, regulations, and bone-headed politicians.

From Edge Perspectives, Fragility of Globalization, John Hagel writes, "...warnings for those of us who take globalization for granted. Make no mistake about it: globalization is a fragile process - there is nothing inevitable about it. As it unfolds, it deeply threatens entrenched economic and political interests. Those interests may spark a backlash and we may well find ourselves thrust back into a much more protectionist era."

John Hagel has set me back on my heels. I never thought much about the "fragility of globalization". I've been doing the Washington read on things like "The Flat World" from Tom Friedman and I believe he says something like, no 'N' countries will ever go to war if they're partners in the same supply chain. What's more, I get caught up in the bloggy clouds and believe the momentum for globalization is full steam ahead without interruption. I need to zoom-out and look at the big picture.

Anyway, Mr. Hagel continues that "... the talent market is having a profound impact on reshaping both the economic and political landscape of the world." Which leads me to this next piece where a goup of people are helping to educate others.   We strongly believe that ideas can come from EVERYWHERE; the initiative with the Uganda Digital Bookmobile is exciting and should be supported by all of us.

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Let's waste some time!

The days of slow change are over. In fact, the market place is moving faster than most businesses can adapt. Globalization, deregulation, transparency, aging boomers, and new communications methods are forcing businesses to adapt or perish.

How can you achieve muliple objectives under these conditions?

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