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Society and Globalization

G.E. The Contemporary World

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Society and Globalization

  1. 1. Josefino T. Larena Jr.,CPS, MPA
  2. 2. Learning Outcomes  At the end of this lesson you should be able to:  1.agree on a working definition of globalization for the course  2. differentiate the competing conceptions of globalization  3. narrate a personal experience of globalization
  3. 3. Globalization  Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information
  4. 4. What is the definition of 'Global Experience' today?  I recently learnt at a Centre for Talent Innovation (CTI) dinner that, 70% of senior leadership in the world used to have what can be termed as “global experience” in Fortune 500 companies about 5 years back. That number is only 20% today! Clearly… this is contrary to what one would expect. With growing globalization, opportunities and an ever-increasing demand for niche skills, the number should only go up!
  5. 5.  So are leaders today really lacking global experience? That depends on what is the operational definition of global experience, which traditionally has been about traveling extensively or living abroad for work. That has now changed . The world has gone through periods of financial crisis - cost reduction and optimization have become important themes across organizations.  Bringing in expatriate workers with niche skills is expensive and international travel has reduced significantly. At the same time, technological advancements and virtual presence have come up in a big way – knowledge can be shared virtually, team meetings can be held across geographies and time zones and the internet of everything will be a reality soon.
  6. 6. Globalization : A working definition  Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. ... Likewise, for centuries, people and corporations have invested in enterprises in other countries.
  7. 7. Global Filipino
  8. 8. Thank you so much

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G.E. The Contemporary World

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