Wow, two brain-tickling hours of input from some brilliant speakers. My colleague Alison Bass will soon fill you in on Paul Saffo’s and Martin Wolf’s talks, but let me just clear up one mistake I made in my last post. Wolf’s talk was not the sanguine-sounding 'Why Globalization Can Work,' but rather 'How Globalization Works,' a much more astringent dose of reality! What a difference a few words can make.

Yip identifies four sets of “industry globalization drivers” that underlie conditions in. Cost globalization drivers Scale. Examples include right. Cost Globalization Drivers. The globalization of customer needs and the opportunities for scale and standardization it brings will fundamentally alter the economics of many industries. 2.4 Industry Globalization Drivers Yip identifies four sets of “industry globalization drivers” that underlie conditions in each industry that create the potential for that industry to become more global and, as a consequence, for the potential viability of a global approach to strategy. Drivers of the globalization of firms include government, competition, cost globalization and market drivers. Globalization has also been driven by technology, including use of the Internet, mobile phones and satellite-tracking technology. Government globalization drivers include common product and.

Cost drivers depend on the economies of the business and so on can vary by industry. For example, global economies of scale are a cost globalization.

With loads of charts and graphs, Wolf talked about the five drivers of globalization, and the five threats to globalization, the latter all coming under the umbrella of 'the human capacity to screw up,' which in his fine British delivery he called 'nigh on infinite.'

Examples Of Cost Drivers In Globalization

Saffo talked about the art of forecasting, exhorting listeners to not just absorb passively what professional forecasters put forth, but to start doing their own forecasting. One bit of advice that was funny and true and backed up by historical example: 'Most ideas take 20 years to become an overnight success.' So, if you want to know what the next big wave might be, look for something that’s been stuggling to gain foothold for a couple of decades.

Stay tuned for more detail from the sessions and wisdom gleaned from hallway conversations. And, stay tuned in the coming weeks as we think we’ll be able to offer podcasts of the talks by Saffo and Wolf.

---Sandy Kendall

Drivers Of Globalization Examples

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