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Understanding Globalization: Forces, Impact, and Trends

Explore the key forces that have flattened the world, including the collapse of the Berlin Wall and the rise of the Internet. Discover how globalization has reshaped economic activities, cultural exchanges, and trade relationships on a global scale. Learn about outsourcing, supply-chaining, and the digital transformation that has revolutionized industries worldwide. Gain insights into the interconnected nature of our modern world and the challenges and opportunities it presents.

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Understanding Globalization: Forces, Impact, and Trends

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  1. Globalisation The world is Flat Thomas L. Friedman

  2. Globalization understood • Increasing global relationship of culture. • People and Economic activities. • Global distribution of production of goods and services • Reduction of barriers to international trades such as tariffs, export fees and import quotas. • Transnational circulation of ideas, languages and popular culture

  3. While I was sleeping • Globalization 1 • Globalization 2 • Globalization 3 • Travel to Bangalore, China and Japan • Infosys outsourcing through teleconferencing

  4. The ten forces that flattened the world 1.Collapse of Berlin wall - 11/9/89 • End of Cold war/ iron curtain • Economic mainstreaming • Indian experience of liberalization • 1977 Steve Jobs & Steve Wozniak Apple II Home Computer • IBM PC 1981 , 1985, 1990 Windows 3.0, leading millions of people to enter into digital world. • ‘IAFT’ Bill Gates

  5. 2nd Flattener • Netscape • Netscape and internet broadened the access to communion for all section of society • Breakthrough of the connectivity • Low cost connectivity of the digital content • World Wide Web (www) a system of creating, organizing and linking documents, which could be browsed over the Internet ( Tim Berners-Lee) • Research broadened

  6. Netscape : Mountain View 9th August 1995 went public • Digitized word music photo data transfer • Windows 95 built in internet support • Commercialization of data, inventories, music, photos, films

  7. 3rd Flattener • Work flow software • Ability of machines to talk without human intervention • Virtual Private Networks (VNPs) communicate and collaborate digitally. • Standards on the top of standards HTML, HTTP, TCP/IP, XML, SOAP. • Payment account

  8. Flatters … • Uploading • Open source software like Wikipedia, blog

  9. Outsourcing • Companies to split services and manufacturing to different parts of the world for effective and cost effective purposes.

  10. Off-shoring • Manufacturing version of outsourcing

  11. Supply-chaining • Example of Wal-Mart for shipping, distribution and sales with the use of technology.

  12. In-sourcing • The example of UPS

  13. In-forming • Availability of knowledge

  14. Steroids • Digital equipments, mobile, iPod tabets,

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