The emergence of global organization introduced a compelling diversity and complexity in managing the global operations of many businessess. With the advent of globalization of business, organizations find themselves faced with far reaching boundaries that can challenge their ability to manage change and globalization of their business operation. According to the U.S. Bureau of International Information Programs (2006), the World Bank describes globalization as a growing integration of economies and societies around the world.”
Among the issues that global organizations are experiencing in their business operations include the rising costs of implementing IT structures, communication management, the increasing size of the organization personnel and the cultural diversity across the various state wide branches of global organizations.
Additionally, international business organizations also face the challenges of addressing multiple objectives such as balancing their profit goals and social corporate responsibilities. They are also faced with the issue on how to manage individual and collective interests, innovation, order and autonomy.
Taking the challenge of globalization, international business leaders are able to embrace modern strategies that will help them cope with the dynamically challenging global market demands. These strategies include the use of technology infrastructures to deliver technology driven products to meet the global demands of production, using communication technology to enhance the ability of personnel to pursue productivity, and organizational re-structuring to push their products closer to the consumers in the international market and the use of appropriate media that have wider reach to the targeted international consumer community (Ali and Kaynak, 2000).
References
Ali, A.J. and Kaynak, E. (2000). Globalization of Business: Practice and Theoy. New York: Routledge.
U.S. Bureau of International Information Programs (2006). Global Issues. The Challenges of Globalization. eJournal USA.
In the international business community, technology has a significant impact in influencing how businesses manage their operation and in managing their organization. Technology plays a crucial role in the business environment especially within the globalization context. Ajami, Cool, Goddard and Khambata (2006) describe technology as knowledge that can enhance the production system of a global organization and in enhancing the communication system of an international firm in advertising and strengthening its product reach to the consumers in the international arena.
With the intensified competiton in the global market, internationally operating organizations are able to embrace the convenience of innovative technology in order to make their business more competitive and efficient within their globally competitive industry. The use of information technology likewise helps global organizations to operate in the virtual environment that improves their employees’ productivity and communication ability to helps the organization to create a more pro-active working environment that boosts the business operation of an international organization.
The use of technology has made a significant impact on how organizations do business. The electronic market operates 24 hours daily which caters to the international community of consumers. This increases the demands for product delivery, processing and production among the global organizations (Grover and Kettinger, 1998). Business process becomes more prolifically active and demanding in addressing the demands of globalization. Automation and business process engineering are just among the impacts of technology in the global business.
Organizational transformation is seen to grow and it continues to explore the vast space of globalization in business. The use of technology contines to become a catalyst of change in the globalization of business process and it revolutionizes how businesses operate in a dynamically changing global market.
References:
Ajami, R.A., Cool, K., Goddard, G.J. and Khambata, D. (2006). International Business Theory and Practice. New York: M.E. Sharpe, Inc.
Grover, V. and Kettinger, W.J. (1998). Business Process Change. Reengineering, Concepts, Methods and Technologies. London: Idea Group Publishing.
