Globalization

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Management of Globalization

Management > Management of Globalization

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Drawing attention to some key assessments and critiques on the management of globalization, the author of this essay challenges readers and students alike to contemplate opportunities to make a favorable impact as they gain a better understanding of international institutions, challenges, and cultures.

Overview

Management of globalization is a controversial and timely topic. Evidence of its growing relevance over the past 20 years is observable in the three-fold increase on the number of colleges offering international business courses. Portraying a real need for future managers to gain a better understanding of diverse cultures and business practices, that trend also signifies evolving opportunities for students to improve global standards of living and to become aware of the international institutions. Recent publications of a couple books on the management of globalization provide some critical and highly important insights into the structures, the processes, and the outcomes of those institutions. It is evident that a valuable opportunity exists for examining alignments between managerial perspectives and institutional purposes in light of satisfying the needs of target populations. A commonality between the publications and enrollments mentioned above is their relevance to allegations that the management of globalization hurts developing countries and favors developed countries. In order to understand the substance and nature of those allegations, one must examine the roles and purposes of the World Trade Organization, the International Monetary Fund, and the World Bank. The tasks of those three international institutions vary slightly in their approaches to managing globalization and advancing developing country stature. This essay aims to...