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On Globalization - Essay Example

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According to (Giddens 2001), globalisation is "the growing interdependence between different people, regions and countries in the world as social and economic relationships come to stretch worldwide". The International Forum on Globalization defines it as, "the present worldwide drive toward a globalized economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments." (Rosenberg 2000) defines "The term 'globalization' after all, is at first sight merely a descriptive category, denoting either the geographical extension of social processes or possibly, as in Giddens' definition, 'the intensification of worldwide social relations'."
According to the (World Bank Brief 2000) globalisation gained pace in the 1980s and 1990s, with the advancements in information technology, transportation and global communications. These include improved telecommunications, the Internet and faster world travel, to name a few. These technological improvements enabled people to transport goods, services and knowledge, faster, farther and more reliably. Governments have also adopted more open policies that allow for closer international economic cooperation. All these factors contribute to globalization.
With the effects of globalisation permeating every ...
In governance and business, many of today's leaders have lost sight of their visions for their organizations because of globalization.
In my research, paper I will attempt to explain that in order to maintain a competitive and successful organization, leaders must keep up with the pace of rapid change and view globalization as a significant part of their structure. In my paper, I will not focus on economic globalization, but rather on the cultural and social dimensions of global connection and integration through the eyes of visionary leaders. My paper will describe their ideas and origins to understand the rationale of globalization. This paper will look into the approaches and strategies that can be adopted by businesses and companies in a highly globalized marketplace.
Globalization has proceeded throughout history at a fast pace and with uneven intensity. Many organizations have experienced changes due to globalization. They have realized the acceleration once again late in this century, after almost 50 years of regression. More and more, national economies today integrated into single global markets through trade, finance, production, and a dense web of international treaties and institutions. My research will explore the relationship between the different elements that are associated with the new developments of globalization.
Sub problem 1: Organizational leadership:
In order to address leadership and globalization in the same paper I think we must talk about certain aspects of visionary leadership that make the organization run
Criterion 1: Mission Statement is a vital part of organization success. It provides the rules and guidelines in which the foundation of the organization is built on

Criterion 2: Vision ...Show more
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Summary

Globalization is one of the most controversial topics today. It has a strong impact on the economic, social, cultural and technological aspects of nations and governments. Aside from its impact on nations, it also affects the quality of life of individuals and institutions worldwide.
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