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Globalization

GLOBALIZATION SENSE AND NONSENSE. Globalization. “No country, no economy and no society can expect to remain an island” Raul de Gouvea Neto, PhD. GLOBALIZATION MODELS - 1.

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Globalization

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  1. GLOBALIZATION SENSE AND NONSENSE Globalization “No country, no economy and no society can expect to remain an island” Raul de Gouvea Neto, PhD

  2. GLOBALIZATION MODELS - 1 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: GLOBALIZATION INCREASING THE WIDE GULF BETWEEN THE HAVES AND HAVE-NOTS

  3. GLOBALIZATION MODELS - 2 PARADIGMS A - INTERDEPENDENT GLOBALIZATION: SYSTEM WIDE INCREASE IN RECIPROCAL TIES BETWEEN COUNTRIES. B - CIVILIZATION AND EMPIRES: INCREASING CONCENTRATION OF COMMUNICATIONS WITHIN CLUSTERS OF COUNTRIES, OR AROUND CLUSTERS OF COUNTRIES C -HEGEMONIC GLOBALIZATION: INCREASING CENTRALITY OF A SMALL CORE OF RICH COUNTRIES AND PERHAPS DOMINATION BY A SINGLE POWER.

  4. GLOBALIZATION MODELS - 3

  5. FEATURES - 1 • MAIN FEATURE: NOT THE FLOW OF GOODS, BUT THE FLOW OF CAPITAL, PEOPLE, AND INFORMATION • SPACE AND TIME ARE NO LONGER BARRIERS • INTERNET

  6. FEATURES - 2 • INTERNATIONAL MERGERS AND ACQUISITIONS • TRAVEL AND TURISM HAVE INCREASED SUBS-TANTIALLY • COMPANIES SEEK PRODUCTS, SERVICES, OR CONCEPTS THAT TRAVEL EASILY ACCROSS CULTURES

  7. CHALLENGES - 1 A - ECONOMIC INTERDEPENCE - WITHOUT POLITICAL INFLUENCE B - MORE OPEN MARKETS WITHOUT POLITICAL STABILITY C - ECONOMIC AND INDUSTRIAL TRANSITIONS WITHOUT SOCIAL SAFETY NETS: HAVE AND HAVE NOT'S

  8. CHALLENGES - 2 WASHINGTON CONSENSUS: HOW TO ACHIEVE SHARED PROSPERITY. WORLD OF GREATER INEQUALITY IN HISTORY TIME FOR A G-16 ! D - GLOBALIZATION DOES NOT MEAN HOMOGENIZATION. IT DEMANDS STRATEGIES THAT ALLOW ADAPTATION: GLOCALIZATION

  9. OPPORTUNITIES A -INFORMATION AND COMMUNICATION TECHNOLOGIES THAT FOSTER GLOBAL MARKETS B - GLOBAL CONSOLIDATION IN INDUSTRIES THAT PROMOTE FURTHER GLOBALIZATION C - STRATEGIES THAT PROMOTE GLOBAL STANDARDS

  10. FORCES - 1 A - HIGH TECH COMPANIES HAVE A GLOBAL STRATEGY B - ELECTRONIC PROCUREMENT ALLOWS FOR RAPID COMPARISONS C - NEW COMPANIES ARE BEING DEVELOPED TO FACILITATE AND DISSEMINATE THESE DATA - BLOOMBERG, CNN

  11. FORCES - 2 D - CREATION OF A WORLD BUSINESS ELITE: LOCALS AND COSMOPOLITANS, FLUENT IN SEVERAL LANGUAGES, INCLUDING ENGLISH 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

  12. COMPETITIVENESS - 1 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

  13. COMPETITIVENESS - 2 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.

  14. ADVANTAGES - 1 THERE ARE THREE WAYS THAT GLOBAL ECONOMY CAN CREATE LOCAL BENEFITS REGIONS ARE DEVELOPING INTO: THINKERS, MAKERS, OR TRADERS

  15. ADVANTAGES - 2 A - THINKERS: SILICON VALLEY, CONTINUOUS INNOVATION, SELL KNOWLDGE AND KNOWLEDGE INTENSIVE PRODUCTS B - MAKERS: POSSESS SKILLS, HIGH-PROCESS QUALITY, INFRASTRUCTURE, TO SUPPORT COST-EFFECTIVE PRODUCTION C - TRADERS: SIT AT CROSSROADS OF CULTURES, MANAGING THE INTERSECTIONS AND ALLIANCES

  16. SOURCES KANTER, R. (1999). "Global Competitiveness Revisited."The Washington Quarterly, Vol. 22(2), Spring, p.39-58. LOUCH, H., HARGITTAI, E., AND CENTENO, M. (1999). "Phone Calls and Fax Machines: The Limits to Globalization."The Washington Quarterly, Vol. 22(2), Spring, p.83-100. RIFKIN, J. (1999). "Anatomy of Gillete's Latest Global Launch."Strategy & Business, Issue 15, p. 34-41. SACHS, J. (1998). "Global Capitalism." The Economist, September 12th, p.23-25. The Economist (1998). "The World Economy."September 5th, p.19-21.

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