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| Definition |
Definition
- Exchange of capital, goods, services and people across political borders, including global trade and migration, enabled by transportation and information technologies
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| Outlook |
Outlook
- Increased flow of goods and services enabled by global trade agreements, communications networks, and logistics systems
- Greater pressure for physical immigration due to political conflicts, terrorism and income disparities
- Heightened uncertainties about future global trade agreements and migration due to popularism in Europe, the U.S. and elsewhere
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| Implications |
Implications
- Enabling companies to serve existing and emerging markets worldwide easier than ever before
- Allowing new competitors to emerge from anywhere
- Providing access to, as well as competition from, human talent on global basis
- Creating complexity for how businesses manage global opportunities and risk
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To what extent are you taking advantage of globalization to serve customers, source talent, and address competitors in markets worldwide?
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