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Management and organisation in a global environment

   

Added on  2021-02-19

11 Pages3564 Words22 Views
MANAGEMENT ANDORGANISATIONS IN AGLOBAL ENVIRONMENT

Executive summary This report contains the general framework of globalisation and the views of P.Ghemawat andAnthony Gidden's express the view about the globalisation in this shrinking world.. P.Ghemawatborn in September 30, 1959. he is Indian-American Economist and he is the author and speakerin the study of globalisation. P.Ghemawat has expressed its view about that many people hasdone the over estimation of the globalisation level and also they believe that international flow isvery high as compare to actual. Anthony Gidden's born in Edmonton, London. He is theprofessor in King's college, Cambridge and his opinion about the globalisation is that it hasdecrease the value of tradition and now people are negotiating for the values and belief. Thisreport also suggest about the elimination of poverty through increasing the trade.

Table of ContentsINTRODUCTION...........................................................................................................................11. Views of P Ghemawat's on globalization................................................................................12. Anthony Gidden's – idea on globalization...............................................................................33. End of Poverty movement and the contrary assertion that “Trade not aid” is the way to amore globalized world that mitigates against poverty ................................................................5CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9

INTRODUCTIONManagement and organisations in a global environment is the technological forces that isoutcome of the changes which is being affected from the global environment by the use ofdesign, produce or goods and services. This report explains the rapid changes in the globalenvironment in context of socio political and technological changes. This report explains theopinion of P.Ghemawat about the globalisation is the 'risk consciousness' and'detraditionalisation' in the society . This report also contains the measures to eradicate thepoverty by increasing the trade.1. Views of P Ghemawat's on globalisationThere has been two leading views on globalization that either the world is flat i.e. it isdone with globalization or that the world is not that one vast market, but most economies are stillrelatively closed till date. Globalization is associated with economic and social developmentfrom the popularity of outsourcing to the prevalence of fusion cuisine.For quite many years, we have been listening that world is done with globalisation andthe world is flat due to the dramatic rise in telecommunications, easy travels, internet and cheapcommunication. It has been heard that economies have integrated together on the path toglobalisation. But Pankaj Ghemawat who is designated as the Professor of Global Strategy atIESE Business School located in Barcelona (Spain) argues that economies are not that muchintegrated at it is portrayed to be. Pankaj Ghemawat has worked as professor at Harvard BusinessSchool for the period of 25 years. He published a book in 2011, named “World 3.0: GlobalProsperity and How to Achieve It” which expressed his views on globalisation. According to hisviews, world is still globalised and will continue to do so because of the geographical, politicaland cultural factors (Olhager, Pashaei and Sternberg, 2015). There is vast scope of globalisationwhich is still unidentified and the potential benefit of it is untouched and there is much more togain and integrate for economies. He suggests a combination of both integration and regulationshould coexist and integration and globalisation should not consider a choice between 2 options.The key thrusts of the argument provided by him contains that there is a deviationbetween reality and people's beliefs on globalisation. He reviewed many existing literatures togain attention on his argument on globalisation. According to the GCI report, only a share of29% of the total economic output of the world is exported. It is stated that only 7 percent of

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