The Global Environment: The Global Environment Globalization and the International Management Environment Chapters 1 and 2, Hodgetts, Luthans and Doh, International Management: Culture, Strategy and Behavior , 6th edition (New York: McGraw-Hill Irwin, 2006) Adapted from PowerPoint slides by R. Dennis Middlemist, Professor of Management, Colorado State University Mark McKenna BUS 162 (6), International and Comparative Management San Jose State University


OVERVIEW: OVERVIEW International Management and Globalization What is Globalization? Environmental Forces BREAK Class Debate: The Pros and Cons of Globalization Implications for Managers


International Management and Globalization: International Management and Globalization


WHAT IS GLOBALIZATION?: WHAT IS GLOBALIZATION? Definitions Roots of Globalization Drivers of Globalization Globalization from a Regional Perspective Convergence or Divergence


Globalization: Definitions: Globalization: Definitions Globalization in its most all-embracing form “refers to both the compression of the world and the intensification of consciousness of the world as a whole” (p. 8)


The Roots of Globalization: The Roots of Globalization


The Drivers of Globalization: The Drivers of Globalization What drives globalization? Individual and social needs and aspirations Technological innovation Reduced technological and economic barriers to trade Sustaining forces Greater policy liberalization Greater efficiency of business Greater market access Increased flows of goods, services, and people


Globalization from a Regional Perspective: Globalization from a Regional Perspective


North America: North America


South America: South America


Europe: Europe


Central and Eastern Europe: Central and Eastern Europe


East Asia: East Asia


East Asia – The Four Tigers: East Asia – The Four Tigers


South and Southeast Asia: South and Southeast Asia


Developing and Emerging Economies (1): Developing and Emerging Economies (1)


Developing and Emerging Economies (2): Developing and Emerging Economies (2)


Convergence or Divergence: Convergence or Divergence


ENVIRONMENTAL FORCES: ENVIRONMENTAL FORCES Economic environment Political environmental Legal/regulatory environment Socio-cultural environment Technological environment


Economic Environment: Economic Environment


Political Environment: Political Environment


Legal/Regulatory Environment: Legal/Regulatory Environment


Socio-Cultural Environment: Socio-Cultural Environment


Technological Environment: Technological Environment


BREAK: BREAK


THE PROS AND CONS OF GLOBALIZATION: THE PROS AND CONS OF GLOBALIZATION Where do you stand? Key themes to consider Impact on Labor Impact on Equality Impact on Government Impact on the Environment Impact on Culture and Community


Impact on Labor: Impact on Labor


Impact on Equality: Impact on Equality


Impact on Government: Impact on Government


Impact on the Environment: Impact on the Environment


Impact on Culture/Community: Impact on Culture/Community


Globalization: Pros and Cons: Globalization: Pros and Cons


Conclusion: Conclusion