Tuesday, January 27, 2009

Globallisation...

First thing i did after lecture was to download my old friend wordweb dictionary.
As a manager Communication is essential element in overall personality and it's not the communication which complement business and technical knowledge but it's the other way around.

I believe that outsourcing business process is threat to national security as national security is not just defined by border issue or violence caused by outside element. It's about emotional, personal as well as professional security and certainty in life of people of nations. Past few years have seen many such cases when SSN details is being misused by outsourcing agencies for monetary benefits.
Though with appropriate put of trust, this threat gets converted into a win-win situation for both end parties. Technology has compartmentalized business and globalization (multi nation culture ) leverage this to maximize the deal in this small world. But as usual nothing comes free, threat of misuse of resources, national unemployment and fine degree of interdependence and interlinking of both economies is some of the consequences one has to live with and hence it becomes the responsibility of governing bodies of two nation to make sure that things work perfectly fine and constructive trade regulation makes sure that a long-term relationship keep flourishing.

Ultimately its all about money. Sometimes i feel globalization is just a hyperbole used in the periods when economy flourished more than expected and hence making it easier for companies to think of a border less world. But just a jerk of economic crisis is melting down the whole building. Senator is asking these so called global companies to fire foreign nationals first. Where globalization disappear?

I wonder is it technology which drives the business or other way around. same old chicken egg problem. One good thing about this globally spread enterprise is that its value chain has wide reach and if you are not global then its difficult to survive. I believe that problem of Canada was not lack of technology but it was being local.

So let's Think high Think global.

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