Globalization, Leadership, and Organizational Change
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Globalization, Leadership, and Organizational Change
Exploring how globalization influences leadership decisions of multinational companies that are undergoing change.
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Amazon.com: Customer Discussions: Does America Suck At Globalization?

Amazon.com: Customer Discussions: Does America Suck At Globalization? | Globalization, Leadership, and Organizational Change | Scoop.it
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Samuel Valme Sr.'s insight:

What grade would you give America at globalization and why?

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Does America Suck At Globalization?

Does America Suck At Globalization? | Globalization, Leadership, and Organizational Change | Scoop.it

You might think that we’re shipping out so many Cokes and Big Macs that we’re remaking the world in our image, but it turns out we might not be very good at reaching the developing world with our products.

 

The story’s been told countless times: Globalization by America’s corporations has created the world in its image, no matter if you’re in London or Luanda. Travel anywhere abroad and you’ll find the familiar comforts of home: like fast food, Coca-Cola and rap music.

 

But it turns out that American companies are not really that great at globalization, particularly in the emerging economies where most of the world’s economic growth is currently happening. That’s the argument in a forthcoming paper by Tufts economist Bhaskar Chakravorti, which was summarized by Quartz’s Tim Fernholz earlier this week.


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Samuel Valme Sr.'s insight:

The question that should also be asked is does the American style of leadership paradigm work in multinational companies?

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Flo Cuadra Scrofft's curator insight, March 22, 2015 11:35 PM

In this article, Tufts economist Bhaskar Chakravorti talks about his theory about why the United States might not be among the most globalized countries, despite the millions of Big Macs and Coca Cola bottles that it exports each year. United States companies only make about 7% of their revenue from markets in the developing world. That’s not very much when those markets now account for 36% of the globe’s GDP and two-thirds of global economic growth. Europe also makes a higher percent of their income in emerging markets than the US (25%). Chakravorti proposes three reasons for this: 1) America's focus right now is on the domestic market; 2) US companies often ignore the fact that they need to produce different products at different price-points; and 3) America doesn't have a history of colonization, like European powers do. 

Reflection- It's funny how globalization is disguised as a bunch of popular American items being brought to different parts of the world. We should maybe look at numbers and statistics when making a report on globalization, instead of just asking people outside the US if they've ever had a Coke before. The US is good not so much at exporting products, but rather at exporting ideas, influence, and culture.

Emma Conde's curator insight, May 26, 2015 9:55 PM

Unit 1 Geography: Its Nature and Perspectives 

 

This article is about how although Americans are quite often thought of as the epitome of globalization, America is not doing as well as we would like to think. Although there are definitley many globalized things that come from America, we are not doing a good job of penetrating emerging markets from developing and underdeveloped countries. America is more focused on our domestic markets and our own culture, expecting others to adapt rather than focusing our efforts on targeting these emerging economies.

 

This article pertains to the theme of globalization throughout Human Geography and the important processes that factor into it. 

Alisha Meyer's curator insight, March 24, 2016 9:05 AM
An interesting look at reaching developing nations.