GLOBALIZATION SENSE AND NONSENSE “No country, no economy and no society can expect to remain an island” Raul de Gouvea Neto, PhD Globalization
A - OPTIMISTS A - OPTIMISTS: UNMIXED BLESSINGS DESTINED TO INCREASE ECONOMIC PRODUCTION, REDUCE POLITICAL TENSIONS, AND CREATE NEW FORMS OF COMMUNICATION OVER AND ABOVE NATIONAL LOYALTIES AND CUSTOMS B - PESSIMISTS B - PESSIMISTS: GLOBALIZATION INCREASING THE WIDE GULF BETWEEN THE HAVES AND HAVE-NOTS GLOBALIZATION MODELS - 1
A - INTERDEPENDENT GLOBALIZATION A - INTERDEPENDENT GLOBALIZATION: SYSTEM WIDE INCREASE IN RECIPROCAL TIES BETWEEN COUNTRIES. B - CIVILIZATION AND EMPIRES B - CIVILIZATION AND EMPIRES: INCREASING CONCENTRATION OF COMMUNICATIONS WITHIN CLUSTERS OF COUNTRIES, OR AROUND CLUSTERS OF COUNTRIES C -HEGEMONIC GLOBALIZATION C -HEGEMONIC GLOBALIZATION: INCREASING CENTRALITY OF A SMALL CORE OF RICH COUNTRIES AND PERHAPS DOMINATION BY A SINGLE POWER. GLOBALIZATION MODELS - 2 PARADIGMS
GLOBALIZATION MODELS - 3
MAIN FEATURE: NOT THE FLOW OF GOODS, BUT THE FLOW OF CAPITAL, PEOPLE, AND INFORMATION SPACE AND TIME ARE NO LONGER BARRIERS INTERNET FEATURES - 1
INTERNATIONAL MERGERS AND ACQUISITIONS TRAVEL AND TURISM HAVE INCREASED SUBS- TANTIALLY COMPANIES SEEK PRODUCTS, SERVICES, OR CONCEPTS THAT TRAVEL EASILY ACCROSS CULTURES FEATURES - 2
A - A - ECONOMIC INTERDEPENCE - WITHOUT POLITICAL INFLUENCE B - B - MORE OPEN MARKETS WITHOUT POLITICAL STABILITY C - C - ECONOMIC AND INDUSTRIAL TRANSITIONS WITHOUT SOCIAL SAFETY NETS: HAVE AND HAVE NOT'S CHALLENGES - 1
WASHINGTON CONSENSUS: HOW TO ACHIEVE SHARED PROSPERITY. WORLD OF GREATER INEQUALITY IN HISTORY TIME FOR A G-16 ! D - D - GLOBALIZATION DOES NOT MEAN HOMOGENIZATION. IT DEMANDS STRATEGIES THAT ALLOW ADAPTATION: GLOCALIZATION CHALLENGES - 2
A - A - INFORMATION AND COMMUNICATION TECHNOLOGIES THAT FOSTER GLOBAL MARKETS B - B - GLOBAL CONSOLIDATION IN INDUSTRIES THAT PROMOTE FURTHER GLOBALIZATION C - C - STRATEGIES THAT PROMOTE GLOBAL STANDARDS OPPORTUNITIES
A - A - HIGH TECH COMPANIES HAVE A GLOBAL STRATEGY B - B - ELECTRONIC PROCUREMENT ALLOWS FOR RAPID COMPARISONS C - C - NEW COMPANIES ARE BEING DEVELOPED TO FACILITATE AND DISSEMINATE THESE DATA - BLOOMBERG, CNN FORCES - 1
D - D - CREATION OF A WORLD BUSINESS ELITE: LOCALS AND COSMOPOLITANS, FLUENT IN SEVERAL LANGUAGES, INCLUDING ENGLISH E - E - COSMOPOLITANS: CONFORTABLE IN MANY PLACES AND ABLE TO UNDERSTAND AND BRIDGE THE ECONOMIC AND CULTURAL DIFFERENCES PORTABLE SKILLS, BROAD OUTLOOK, AND LINKAGES TO WIDER, DIVERSE NETWORKS LOCALS: SKILLS NOT UNIQUE, LIMITED CONNECTIONS FORCES - 2
THREE CS: A- CONCEPTS: CONTINUOUS INNOVATION Soutwest Airlines, Dell computers through catalogues B- COMPETENCE: ABILITY TO EXECUTE AND DELIVER VALUE TO CUSTOMERS Education by companies is a US$55 billion industry, need for lifelong learning COMPETITIVENESS - 1
C- CONNECTIONS: PARTNERS, LINK TO NEW MARKETS, LINKS TO NEW TECHNOLOGIES AND OPPPORTUNITIES. Strategic importance of key relationships. "Boundaryless Organizations" emphasizes the value of collaboration across territories inside and outside company walls. COMPETITIVENESS - 2
THERE ARE THREE WAYS THAT GLOBAL ECONOMY CAN CREATE LOCAL BENEFITS REGIONS ARE DEVELOPING INTO: THINKERS, MAKERS, OR TRADERS ADVANTAGES - 1
A - THINKERS: A - THINKERS: SILICON VALLEY, CONTINUOUS INNOVATION, SELL KNOWLDGE AND KNOWLEDGE INTENSIVE PRODUCTS B - MAKERS: B - MAKERS: POSSESS SKILLS, HIGH-PROCESS QUALITY, INFRASTRUCTURE, TO SUPPORT COST- EFFECTIVE PRODUCTION C - TRADERS: C - TRADERS: SIT AT CROSSROADS OF CULTURES, MANAGING THE INTERSECTIONS AND ALLIANCES ADVANTAGES - 2
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