In today's business world, international experience has become critically important. Companies can no longer get away with operating loosely connected groups of businesses that happen to be located around the world, but must strategically integrate their activities. As Ian Mitroff has said, only businesses, industries, and whole societies that clearly understand the new rules of doing business in a world economy will prosper.
Global competition has forced executives to recognize that they must think differently about management. As a global company, the only way to succeed is to develop an effective global human resource management system with personnel capable of designing and implementing transnational business strategies. While it is possible to find managers who can develop global business strategies, global human resource strategists are scarcer.
For all the sins historically committed by the nation, it is still our basic locus of community and unit of policy. The nation, along with international federations of nations, must not be sacrificed to the unexamined ideal of "globalization" which, when examined, turns out to be unfettered individualism for corporations on a global scale. Paradoxically, globalization even undercuts our ability to deal with irreducibly global problems such as climate change, because nations with porous borders are not able to carry out any effective national economic policies, including the ones that they agreed to in global environmental treaties. We must learn to distinguish internationalism from globalism and abandon the latter in favor of the former.
Globalization prolongs the industrial country's illusion of unlimited sources and sinks, and postpones the shift from "empty-world" economics to "full-world" economics that all nations must eventually make. The worsening... [continues]
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