1130 Posts Found

Economic and political turbulence have prompted speculation that the world is already deglobalizing. But the evidence suggests that global integration is here to stay, albeit with nuance.

Content: Article | Authors: Hamid Samandari, Jeongmin Seong, Jonathan Woetzel, Michael Birshan, Olivia White, Sven Smit, Tiago Devesa | Source: McKinsey Quarterly | Subjects: Economics, International, Trade

In our era of globalization, your job performance may depend on your “CQ”. So what is it?

Content: Article | Author: David Robson | Source: BBC | Subjects: Human Resources, International, Training & Development

Conventional wisdom would have us believe that to be a truly global enterprise, organizations need to “think global and act local”. This is deeply mistaken. The more successful global companies turn this old maxim on its head. Executives in these firms “think local”, i.e. how can the various locations in which they operate offer distinct knowledge, nurture strong distinctive local skills and benefit from those … [ Read more ]

Content: Quotation | Author: Yves Doz | Source: INSEAD Knowledge | Subjects: International, Management

Life on a global team isn’t necessarily equitable. Employees far away from headquarters often have less access to the team leader. As a result, they may have a harder time getting their concerns noticed and attended to. Additionally, more peripheral members of global teams are often forced to speak in a language that’s not their own and communicate in a style that’s not necessarily second … [ Read more ]

Content: Article | Author: Andy Molinsky | Source: Harvard Business Review | Subjects: Human Resources, International, Teamwork

They vary in deference and decision making.

Content: Multimedia Content | Author: Erin Meyer | Source: Harvard Business Review | Subjects: International, Leadership

A new measure for gauging and understanding the challenge of business abroad.

Content: Article | Author: Michael A. Witt | Source: INSEAD Knowledge | Subject: International

Without further institutional development, China is headed for the middle-income trap.

Content: Article | Author: Michael A. Witt | Source: INSEAD Knowledge | Subject: International – China

On the world’s most diverse continent, companies need a deep understanding of local context.

Content: Article | Authors: Jorge Camarate, Miles Puttergill, Peter Hoijtink | Source: strategy+business | Subject: International – Africa

Global connectedness is measured along the lines of four pillars: trade (products and services), investment (capital), information (internet traffic, phone calls, print media) and people (migrants, tourists, students). These four pillars encompass most of the aspects of international connectedness that have maximum relevance for business people, policymakers, and ordinary citizens concerned with the impact of globalization on their life opportunities,

Content: Quotation | Authors: Pankaj Ghemawat, Steven A. Altman | Source: IESE Insight | Subjects: Economics, International

Content: Multimedia Content | Author: Sanford Jacoby | Source: UCLA | Subjects: Human Resources, International – Asia

Innovation is culturally agnostic in one sense and highly culture-sensitive in another. While in theory, nothing prevents every country in the world from having its own Silicon Valley (although it would look different from place to place), there are seven cultural “universals” shared by every truly innovative society.

Content: Article | Author: Gordon Redding | Source: INSEAD Knowledge | Subjects: Innovation, International

Political science suggests that a reversal, or even collapse, of globalisation is a distinct possibility.

Content: Article | Author: Michael A. Witt | Source: INSEAD Knowledge | Subject: International

Throughout much of human history, economic output was firmly yoked to the size of a country’s labor force. Because productivity growth was negligible, the countries with the largest populations, such as China and India, could put the most people to work. They reigned as the world’s largest economies. Things changed suddenly during the late 1700s. A number of economic, institutional, and other factors coalesced in … [ Read more ]

Content: Article | Author: John Jullens | Source: strategy+business | Subjects: Economics, International

Trade may seem a very pragmatic activity, one that needs no fictive basis. Yet the fact is that no animal other than Sapiens engages in trade, and all the Sapiens trade networks about which we have detailed evidence were based on fictions. Trade cannot exist without trust, and it is very difficult to trust strangers. The global trade network of today is based on our … [ Read more ]

Content: Quotation | Author: Yuval Noah Harari | Subjects: Economics, Trade

[Adam] Smith saw things differently. Trade is not zero-sum, he wrote. Rather, trade increases the size of the market, which allows for greater labour specialization. Specialized labour is more productive than non-specialized labour, so that a world of trade and specialization, in which many people focus on one task and exchange their produce with others in mutually beneficial trades, is one in which everyone is … [ Read more ]

Content: Quotation | Author: Ryan Avent | Source: Evonomics | Subjects: Economics, Trade

Professor Pankaj Ghemawat argues that four key propositions he has put forth regarding international business also apply to intranational business – working within national borders. Recognize local biases and regional differences to help unlock strategic opportunities at home as well as abroad.

Content: Article | Author: Pankaj Ghemawat | Source: IESE Insight | Subjects: International, Management

When President Bill Clinton signed the North American Trade Agreement (NAFTA) in December 1993, he predicted that “NAFTA will tear down trade barriers between our three nations, create the world’s largest trade zone, and create 200,000 jobs in [the U.S.] by 1995 alone. The environmental and labor side agreements negotiated by our administration will make this agreement a force for social progress as well as … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: Economics, International

Executives who accumulate international experience are no more likely than others to advance their career at multinational companies.

Content: Article | Author: Matt Palmquist | Source: strategy+business | Subjects: Career, International

At a deep level, no matter where we come from, we are driven by common physiological and psychological needs and motivations. Yet the culture in which we grow up in has a significant bearing on the ways we see communication patterns as effective or undesirable, to find certain arguments persuasive or lacking merit, to consider certain ways of making decisions or measuring time “natural” or … [ Read more ]

Content: Quotation | Author: Erin Meyer | Source: INSEAD Knowledge | Subjects: Culture, Decision Making, International, Personality / Behavior, Thought

The strength of cross-cultural teams is their diversity of experience, perspective, and insight. But to capture those riches, colleagues must commit to open communication; they must dare to share. Unfortunately, this is rarely easy. In the 25 years we’ve spent researching global work groups, we’ve found that challenges typically arise in three areas.

Content: Article | Author: Ginka Toegel | Source: Harvard Business Review | Subjects: Culture, International, Organizational Behavior, Teamwork