Globalization has transformed the economies of countless countries. It has also transformed business – how it’s conducted, where it’s conducted, and by whom. The transformation has touched the very structure of the enterprise as well as the nature and definition of economic “value.” Emblematic of the change has been the emergence of the Globally Integrated Enterprise (GIE), which refers to companies that are truly “global” (as opposed to “multinational”) in their management and their operations, utilizing global supply chains not just for products, but also services, capital, ideas and intellectual property. As at previous inflection points in history, we need a new language – and new thinking – to harness the promise of this new era for society and avoid the peril that can arise in periods of change.
LATEST
February 2, 2021
This report examines the progress China, the European Union, and the United States have made in AI relative to each other in recent years and provides an update on a report released on their comparative rankings from 2019. Read more
June 29, 2020
By Sherif Kamel Entrepreneurship has for many years impacted the developed world and emerging economies by acting as a catalyst and a driver for change. More recently, entrepreneurs have demonstrated the prospects offered by tech-enabled startups to transform their societies. For Africa, a generation of young and educated entrepreneurs represent a potential game changer that could drive continent-wide accelerated growth, help… Read more
June 11, 2020
A digital supply chain requires companies to organize and behave in ways significantly different from the past. New business models, new data sources, new technologies, enhanced processes and increased risks all contribute to an operational landscape that requires new ways of working, and most importantly, new skills to match. But finding and recruiting new talent… Read more