Thomas Friedman on Globalisation: Eras of Globalisation; world is flat
The world as termed as flat by Thomas Friedman In his arguments are based more on the questions raised by the existence of the people in the world that seem to lack the mutual relationship between the existing companies and the communities where they have their running activities (Jeffrey, 2012). There is the topic on world globalization that checks on the consumers, citizens, employees, shareholders and the taxpayers, who is the main beneficially in the world. ‘According to Friedman he says that the size of the world is reduced from the large size to small size and this move is more problematic to the globe’ (Friedman, 2005). There is a habitual tendency of the young people looking for the white collar employments and not realizing that the government strategies and the general public policy in place are designed to cushion them (Jeffrey, 2012).
The new challenges that have come up is the lack of training and basic education, globalization faces the challenge of lack of new opportunities for the young people hence results to the pain of unemployment in the countries. The adversities and changes arising from the power greed among nations, results to wars and chaos among the people. There is much lost among the countries that are fighting crime and trying to regain control of their land. The Middle East countries have terrorist in control of some larger regions and they even have resulted to fighting in Africa, globalization risks the spread of larger organized crimes among the nations (Jeffrey, 2012).. The key drawbacks of the globalization is due to the changing political economy in the global multinational institutions, the challenge of rising unemployment, the technology explosion like in the cyber-attacks are key problems that need intervention globally.
There is a chain of the financial crisis that over time has hit various countries and travelled across the national borders. The notion of globalization on its brought about the key challenge of decline of economic growth. There is the inequalities among the population in higher levels than ever experienced, the wealthy individuals are in control of the world due to the wealth capacity (Harris, 2012). In addition to this factor of globalization there is the problem of immigration all over the world. The influx of refugees and the asylum seekers increase is on the rise and this has created its problems and new challenges to the governments. The communities and the general population has to live with the pressure of hosting the refugees with the resources influx capacity (Harris, 2012).
As much as one agrees to the growth trend of technology in the global markets, the innovations and automations in our industries have rendered most of the people jobless. This is a major economic problem globally which requires interventions. The interconnectedness in the social media influx has flattened the globe and passing of information results to decline of sales for some physical products all over the world (Friedman, 2005). The future technology and globalization is going to explode, according to Friedman the government should look into the social aspects of the levels of innovation to increase a fair world. As for today the level of globalization is not uniform across the world and these has resulted to the major problems capacity (Harris, 2012).
Corporate culture and strategy
Building a culture based company is key to associate it with a certain way of doing things. Most of the multinational institutions have developed some actions that are important to their staff. For example some of the companies have the tendencies’ to advocate for dry cleaning services, having free lunch to boost the morale of their employees. The main reason behind having the culture based company is majorly important for small business and the start-up enterprises to implement a culture to have a culture of employee satisfactions (Basu, 2014). When developing the culture for a company in needs to be personal to stand as a brand or something the company can be associated with, and recognized for its consistency. The culture is likely to communicate the vision of the company (Mcintyre, 2014). This ensures that your company is moving in the right directions. It’s also entails having the interest of the people first as most of them build their lives around the company. People are not machines in their place of work.
Toyota is seen to have one of the best culture as it has established a major system in its production units. The major culture innovation Toyota is the improvement of their products that enables them beat most of their competitors (Basu, 2014). This is a culture that they use consistently with most of their products in their designs and processing. In addition the company is known to operate in maximum levels of professionalism, this shows the commitment towards having the best toward their customers (Mcintyre, 2014). The company has also established the seize opportunities to ensure that he company is up to standards and attains the best results for the company. This ensure that the company employees are well disciplined and attain the values of dedication in their work places. The culture is a shared perception between the managers and the employees it enhances the paying of attention to details in the Toyota Company. The company enjoys stability and key decision making. The corporate culture in most cases is described as what to do or what not to do (Mcintyre, 2014). The corporate culture is what the company believes in and work towards achieving it. The culture requires guidance from a leader that is able to bring out a picture specific to address the required change in the company (Basu, 2014).
The future technology and globalization is going to explode, according to Friedman the government should look into the social aspects of the levels of innovation to increase a fair world. As for today the level of globalization is not uniform across the world and these has resulted to the major problems capacity
Most of the multinational institutions have developed some actions that are important to their staff. For example some of the companies have the tendencies’ to advocate for dry cleaning services, having free lunch to boost the morale of their employees. The main reason behind having the culture based company is majorly important for small business and the start-up enterprises to implement a culture to have a culture of employee satisfactions.
Jeffrey Henderson. (2012). China and the Changing Nature of Globalisation. In The Asia-Pacific, Regionalism and the Global System (pp. The Asia-Pacific, Regionalism and the Global System). Edward Elgar Publishing.
Leamer, E. (2007). A Flat World, a Level Playing Field, a Small World After All, or None of the Above? A Review of Thomas L. Friedman's The World is Flat. Journal of Economic Literature, 45(1), 83-126.
Ikenberry, G., & Friedman, T. (2005). The World Is Flat: A Brief History of the Twenty-First Century. Foreign Affairs, 84(5), 167-167.
Harris, N. (2012). On Economic Globalisation, Neo-liberalism and the Nature of the Period. Economic and Political Weekly, 47(22), 28-32.
Kuylenstierna, J. (2002). Summary and conclusions from the SIWI Young Professionals Workshop: The possibilities and threats of globalisation! Water Science & Technology, 45(8), 243-246.
Mcintyre, D. (2014). Celebrating the work of Gavin Mooney: Inclusiveness and involvement in global and public health issues. Social Science & Medicine, 108, 262-266.
Miroshnik, V., & Basu, D. (2014). Corporate Culture in Multinational Companies A Japanese Perspective. London: Palgrave Macmillan UK : Imprint: Palgrave Macmillan.
Weick, K., Sutcliffe, K., & ProQuest. (2015). Managing the unexpected : Sustained performance in a complex world (3rd ed.). Hoboken, New Jersey: Wiley.
Miroshnik, V. (2012). Company citizenship creation in the developing countries in the era of globalization. Journal of Management Development, 31(7), 672-690.
Cremers, A. (2012). The Toyota OJD case: From Classroom Training to Workplace Learning. Global Focus, 6(1), 29-31.