@Revolution:Global Business News

New Economy, Leadership, Entrepreneurship, Management, Global Business

Whatever Happened To Globalization?

Posted by iBlog on August 20, 2007

The gurus of globalization keep insisting that the world is getting smaller. So why does it keep getting harder to make sense of what’s happening in the new world of business? As recently as 10 years ago, most business leaders thought that they had figured out the logic of global competition. The 21st century would belong to Asia, whose fast-growing economies would eclipse the slower-growth markets of Europe and North America. The 21st century would belong to Japanese companies, which had perfected a model of management that their U.S. rivals were scrambling to copy. The 21st century would belong to a small collection of dominant global brands, as ever-higher barriers to entry would put even the most savvy entrepreneurs at a crucial disadvantage.

Read the full article in FastCompany.com

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