Difference between revisions of "Globalization of companies"
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==Description:== | ==Description:== | ||
As more companies expand globally their consulting partners also expland their territories. | In economic terms, globalisation refers to the growing economic integration of the world, as trade, investment and money increasingly cross international borders (which may or may not have political or cultural implications). As more companies expand globally their consulting partners also expland their territories. This generate new dynamics in competition. The consulting firm also should expand globally or should try to collaborate other consulting firms in different geographies. <br> | ||
==Enablers:== | ==Enablers:== | ||
1. Growth of the companies <br> | 1. Growth of the companies <br> | ||
2. | 2. The rapid spread of information technology (IT) and the internet <br> | ||
3. Growth Saturation | 3. Growth Saturation in local market <br> | ||
4. Worldwide sports event such as Olympics, Worldcup football <br> | |||
==Inhibitors:== | ==Inhibitors:== | ||
1. Political instability <br> | 1. Global Political instability <br> | ||
2. Increase of natural disasters <br> | 2. Increase of natural disasters <br> | ||
3. Strong regulations <br> | 3. Strong regulations <br> | ||
4. Language barriers <br> | |||
==Paradigms:== | ==Paradigms:== | ||
Competition among consulting firms increase. Global consulting firms compete in every country. It becomes very hard for local boutique firms to survive. | |||
==Experts:== | |||
Thomas L. Friedman http://www.thomaslfriedman.com/ | |||
==Timing:== | ==Timing:== | ||
British industrial revolution in the 19th century <br> | |||
Bretton Woods conference, (July, 1944) - the agreements were signed to set up the International Bank for Reconstruction and Development (IBRD), the General Agreement on Tariffs and Trade (GATT), and the International Monetary Fund (IMF). <br> | |||
==Web Resources:== | ==Web Resources:== | ||
[1] | [1] http://en.wikipedia.org/wiki/Globalization <br> | ||
[2] http://news.bbc.co.uk/2/hi/in_depth/business/2007/globalisation/default.stm <br> | |||
Latest revision as of 15:31, 19 August 2010
Description:
In economic terms, globalisation refers to the growing economic integration of the world, as trade, investment and money increasingly cross international borders (which may or may not have political or cultural implications). As more companies expand globally their consulting partners also expland their territories. This generate new dynamics in competition. The consulting firm also should expand globally or should try to collaborate other consulting firms in different geographies.
Enablers:
1. Growth of the companies
2. The rapid spread of information technology (IT) and the internet
3. Growth Saturation in local market
4. Worldwide sports event such as Olympics, Worldcup football
Inhibitors:
1. Global Political instability
2. Increase of natural disasters
3. Strong regulations
4. Language barriers
Paradigms:
Competition among consulting firms increase. Global consulting firms compete in every country. It becomes very hard for local boutique firms to survive.
Experts:
Thomas L. Friedman http://www.thomaslfriedman.com/
Timing:
British industrial revolution in the 19th century
Bretton Woods conference, (July, 1944) - the agreements were signed to set up the International Bank for Reconstruction and Development (IBRD), the General Agreement on Tariffs and Trade (GATT), and the International Monetary Fund (IMF).
Web Resources:
[1] http://en.wikipedia.org/wiki/Globalization
[2] http://news.bbc.co.uk/2/hi/in_depth/business/2007/globalisation/default.stm