As consumers we rarely think about how the products we order online get to our homes, or how the items we buy from the local shops get there. Indeed, the world is so interconnected nowadays, that buying Japanese tea in a local store in Sweden is nothing out of the ordinary. Neither is ordering a […]
Startup Mindset
In today’s volatile global market, it is quite challenging to sit back and enjoy stability, as rapid changes are increasingly part and parcel of doing business and being flexible and agile is essential to keep up with the flow. For companies these ever-changing business conditions mean both risks and opportunities, in terms of moving operations […]
More Thoughts on Globalization
In January I wrote about the era of protectionism and populism, which we seem to have entered. As discussed, these trends seem to indicate a globalization backlash, voiced by Brexit and Trump supporters, who probably haven’t felt the benefits of a globalized market. As one Financial Times article puts it, the current socio-political climate is […]
Leadership Talent: How to Spot It if It Is Hidden?
I haven’t written about talent for a while here, yet this is not an indication of reduced importance of the topic in any way. Indeed, the Talent Shortage Survey by ManpowerGroup indicates that in 2016 employers globally reported the highest talent shortage since 2007. Based on the survey data it seems that employers struggle foremost […]
Digital Globalization: The New Era and its Implications
Although many consider globalization to be the buzzword of the last decades, economic historians would argue that globalization has a history that stretches back thousands of years. As brought up in a relevant Economist article, the trend of trade expansion is linked to specialization and is ‘nearly as old as civilization’. The process seems quite […]
The Global World of a Local Facebook User
Who participates in globalization? Governments, which form alliances, open borders and support trade across countries? Multinational organizations, which open new subsidiaries abroad and employ people of different nationalities? Universities, which support international student exchange programs? Naturally, all of the above mentioned are active participants in the globalization process. Yet, the latest McKinsey publication highlights that […]