The Future-Part 1-Globalization

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By: marggie52 (116 month(s) ago)

very interesting

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The Future : 

Copyright Marshall Scott Poole The Future Part 1: Globalization Making predictions is really hard, especially of the future Yogi Berra Great American Philosopher

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization Its displacements are evident everywhere… Detroit automakers in trouble Mexican corn farmers driven out of business Mercedez-Benz, Toyota, Honda build plants in Alabama Plants in Korea and China moving to Vietnam and Cambodia Riots in Chinese plants when they close

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization It introduces new organizations and new ways of working 24 hour cycles: Software development team in Beijing, handed off to team in Colorado, handed off to team in Turkey, then back to Beijing Call centers for G.E. in India Outsourcing to Arkansas (and Southern Illinois?) Design, production, consumption are spread all over the world Things aren’t just in English anymore

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization Attitudes toward Globalization Optimists “Globalization will continue to escalate, transferring technologies, bringing cultures and societies closer and creating a community of peace loving, intelligent citizens…Globalization will be an instrument of peace, growth, progress and prosperity. Competitiveness is..a marathon to achieve and sustain excellence.” S. A. Zahra

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization A. Attitudes Toward Globalization 2. Pessimists “During the next decade the [global labor pool] will absorb nearly 2 billion workers from emerging markets, a pool that currently includes close to 1 billion unemployed and underemployed workers.. These people will be earning a fraction of what their counterparts in developed countries earn and will be [about as]productive.” David Rothkopf

I. Globalization Issues : 

Copyright Marshall Scott Poole I. Globalization Issues A. Attitudes Toward Globalization 3. Hedgers “How we learn to strike the right balance between globalization’s inherently empowering and humanizing aspects and its inherently disempowering and dehumanizing aspects will determine whether it is reversible or irreversible, a passing phase or a fundamental revolution in the evolution of human society” Thomas Friedman

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization B. A Key Driver: The Discourse of Free Trade Assumption: Traditional Laissez Faire Capitalism Applies to the International System Free market economic system has sufficient checks and balances in place to ensure that the legitimate interests of all members of society will be met Comparative advantage: Different areas of the globe have different natural economic advantages, and the most efficient system will capitalize on these. Government attempts to artificially grow industries in areas where they don’t have natural advantages or to restrict free economy through tariffs, quotas or manipulation of currency make economy less efficient than it could be and hamper world growth

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization B. A Key Driver: The Discourse of Free Trade Sticking Points…. There’s a difference between what’s good for the world economic system and what’s good for individual nations There are other motives than economic efficiency Displacement of people in “inefficient” parts of the system Collapse of U.S./European economies have called U.S. laissez faire system into question

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization B. A Key Driver: The Discourse of Free Trade Reactions Support “key” industries with tariffs, subsidies, etc. Place requirements on “foreign” organizations Cushion the blow for displaced workers and industries Anti-Free-Trade Movement

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization C. Viewpoints on Globalization Convergence There are common imperatives in the economy and organizations that will result in similar organizational structuring throughout the world The global system will require flexibility, responsiveness, speed, knowledge production, and knowledge dissemintation Instrumental rationality: Concern primarily with economic efficiency and organizational effectiveness

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization C. Viewpoints on Globalization Convergence 4. Communication is information transmission 5. Communication structure is a network of information flows. 6. Structure of world economy is a network of flows of capital, resources, people, information, and expertise

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization C. Viewpoints on Globalization Divergence Culture matters Responses to common imperatives will be different in different cultures Rationality will very depending on culture

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization C. Viewpoints on Globalization Divergence 4. Communication is the heart of culture involves meaning creation as well as information transmission 5. We will confront diversification rather than homogenization as a product of globalization “Japanese and American management practices are 95% the same and differ in all important respects” Takeo Fujisawa, co-founder of Honda Corp.

I. Globalization : 

Copyright Marshall Scott Poole I. Globalization C. Viewpoints on Globalization Ellen Castro, who started a consulting company after leaving a job as manager of 500 employees in response to an ethnic slur on her experience in her start-up: “[At first] I did it the man’s way, the Anglo man’s way. I’ve since learned that if you don’t let people be who they are, they won’t be authentic or creative. I know what it’s like to be in an environment where you can’t be yourself. It took a toll on my spirit.”

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