Globalization created a new environment for negotiation and linkage between companies, this proposes new paradigms that frame the nascent world economic system.
There is great uncertainty among the owners, presidents, managers, administrators and executives of companies about the globalization of the economic, social and political aspects that surround society. They know that they have to be global in order not to be on the fringes of the new world perspective, but they do not know if the decisions and actions they are taking are the most appropriate, so it is fair to make an analysis of this aspect that affects all organizations.
Various studies have been carried out on this new global phenomenon, and it is possible to reach very clear conclusions on the management that currently must be given to the company so that it is not excluded from the new turn of the world market. One that should be put into practice is the implementation of innovative ideas that are attractive to customers and to people who may be potential buyers and investors. The credit of any globalization effort must be considered in terms of value to shareholders, the value of the company cannot be measured according to the percentage of sales, the creation of value from its resources requires turning globalization into a differential point of advantage,A conceptual framework must also be created to analyze and manage the globalization process within the organization, this with some general aspects that stabilize its operation, among these we can mention governance, responsibility, strategy, planning, marketing, services, operation, technology., research, development, organization and management of human resources, among others.
Key points:
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Governance
Responsibility
Strategy
Planning
Marketing
Services
Operation
Technology
Investigation
Development
Organization
Human resources management
The globalization of the economy is one of the many threats that organizations face to consolidate in the new world market.
Globalization with governance occurs in compliance with global standards, helps to lower costs, especially the cost of capital, continuous research intertwined with development adds value through globalization, but it becomes productive if it is directed to a specific need and looking for new allies in this fight, finally the aspect that most motivates the company's top management is that of human resources since the key is to obtain the best results is to attract the best personnel and take advantage of them, bearing in mind that they should be given adequate remuneration with possibilities of promotion, emphasizing the values and the business mission in which culture and human resources are the fundamental basis of progress.
The new trend of being global, for companies creates new demands and opportunities in all sectors of the economy, so it is necessary for the company to measure to what extent the globalization of activities affects their internal and external relations, each of these aspects It is used to measure how each company uses its resources to achieve its goals.
