Globalization in this context encompasses consistently executing core, value-added processes on an international scale. The organization has a global vision, a global mentality and commonly shared goals across all operations, with goods and services tailored and delivered within the context of local demands. There are several characteristics of global organizations. Knowledge flows freely and efficiently between all global entities. Best practices are shared across geographic and cultural boundaries.
Resources are fluid, interchangeable and allocated as needed.
The competition is understood to reside both next door as well as on the other side of the planet. Recognizing the importance of a global mind set is only the start of the battle. The devil is in the details. Evenings were left for managing technology issues. Globalization issues have existed for years in multinational companies.