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Learning Organization

Learning Organization

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Published by romysebastian

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Categories:Types, Business/Law
Published by: romysebastian on Mar 31, 2010
Copyright:Attribution Non-commercial

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09/09/2012

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Globalization
Global Economy: Goods, services,financial capital, people, skills, and ideasmove freely across geographic bordersGlobalization is the increasing economicinterdependence among countriesExpands and complicates competitiveenvironmentInteresting opportunities and challenges
 
Globalization
Increased performance standards
 ±Quality, cost, productivity, product introductiontime, operational efficiency ±Require continuous improvement from firmand employees ±Companies improve capabilities andemployees sharpen skills
Only firms meeting or exceeding globalstandards earn strategic competitiveness
 
T
echnology
Perpetual innovationShorter product life-cyclesProducts become indistinguishable due torapid technological diffusionCompetitors can imitateCan overcome by alliances, acquisitions,internal R&D

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