Paper Example Undergraduate 703 words

Technological globalization: drivers, impacts, and implications

Last reviewed: January 21, 2014 ~4 min read

Technological Globalization

Discuss your research methodology process and experience

The basic research method will concentrate on utilizing meta -- analysis. This is when there is a focus on looking at different sources and identifying patterns in the study. These findings help to determine key trends and enable actuaries to more effectively analyze the problem. The process involves understanding the issues, reviewing the various forms of literature, cataloguing them into specific segments, using the findings to create common patterns and discussing what was uncovered during this process. These different elements are working together to promote objectivity. These experiences offer a better understanding of the subject and allow everyone to see which factors are influencing the outcome of the project. (Cooper, 2009)

Discuss your literature review findings regarding the topic you researched.

The research is showing that information technology (IT) is having an impact on the kinds of strategies which are utilized by firms. The findings are illustrating how corporations are often impacted by advancements inside these areas. This is requires them to become more globalized in order to effectively compete against a larger number of competitors. (Motwani, 2000) (Guthridge, 2008) This is occurring primarily in supply chain and talent management. Both are interconnected in helping companies to adjust with the changes they are facing and it allows them to become more responsive to the needs of customers. (Teece, 2010) (Ricart, 2010) (Baumann, 2007)

At the same time, the use technology makes firms responsive to the needs of customers and it increases productivity. This has a positive impact on their competitive position by enabling these organizations to effectively connect with stakeholders and offer them with something more. When this happens, geographical boundaries and physical location are no longer an issue. Instead, the organization can make these adjustments and quickly respond to the demands of customers and employees in a virtual environment. This allows them to have a better experience and address key problems in order to improve the competitive position of the firm. (Wang, 2006) Slocum, 2005) (Griffith, 2008) (Meyer, 2009) (Manuj, 2009)

These factors are showing how technology is having a profound impact on global business. This is occurring with it changing the way firms connect with stakeholders and the kinds of strategies they are utilizing. Over the course of time, this will influence how the organization is run and the business model they are utilizing to reach these objectives. (Teece, 2010) (Ricart, 2010) (Baumann, 2007) (Griffith, 2008) (Meyer, 2009) (Manuj, 2009)

List ten articles you researched.

The different articles are showing the general trends and the effects of IT on global business strategies. These include: Motwani, Guthridge, Teece, Ricart and Baumann. Each one of them offered specific insights which are illustrating the scope of these changes and their impact on firms. When this occurred, actuaries had a better understanding of the problem and the challenges they were facing in the process. (Motwani, 2000) (Guthridge, 2008) (Teece, 2010) (Ricart, 2010) (Baumann, 2007)

You’re 84% through this paper. Sign up to read the full paper.

130,000+ paper examples AI writing assistant Citation generator Cancel anytime

References

11 sources cited in this paper

Baumann, D. (2007). Global Rules and Private Actors. International Management, 10, 3 – 39.
Cooper, H. (2009). The Handbook of Research Synthesis and Meta Analysis. New York, NY: Russell Sage Foundation.
Griffith, D. (2008). Emerging Themes in International Business Research. Journal of International Business Studies, 39, 1220 - 1235
Guthridge, M. (2008). Why multinationals struggle to manage talent. The McKinsey Quarterly, ISSN: 0047-5394.
Manuj, I. (2008). Global Supply Chain Risk Management Strategies. International Journal of Physical Distribution and Logistics Management, 38 (3), 192 – 223.
Meyer, K. (2009). Institutions, Resources and Early Management Strategies. Strategic Management Journal, 30 (1), 61 – 80.
Motwani, J. (2000). Information technology in managing global supply chains. Logistics Information Management, 13(5): 320-327.
Ricart, J. (2010). From Strategy to Business Models. Long Range Planning, 43 (2), 195 – 215.
Slocum, J. (2005). Strategic and organizational requirements for competitive advantage. Academy of Management Executive, 19(1): 31-45
Teece, D. (2010). Business Model, Business Strategy and Innovation. Long Range Planning, (41) 2, 172 – 194.
Wang, Z. (2006). Organizational effectiveness through technology innovation and HRM strategies. International J. Manpower, 26(6): 481-487, ISSN: 0143-7720.

Baumann, D. (2007). Global Rules and Private Actors. International Management, 10, 3 – 39.
Cooper, H. (2009). The Handbook of Research Synthesis and Meta Analysis. New York, NY: Russell Sage Foundation.
Griffith, D. (2008). Emerging Themes in International Business Research. Journal of International Business Studies, 39, 1220 - 1235
Guthridge, M. (2008). Why multinationals struggle to manage talent. The McKinsey Quarterly, ISSN: 0047-5394.
Manuj, I. (2008). Global Supply Chain Risk Management Strategies. International Journal of Physical Distribution and Logistics Management, 38 (3), 192 – 223.
Meyer, K. (2009). Institutions, Resources and Early Management Strategies. Strategic Management Journal, 30 (1), 61 – 80.
Motwani, J. (2000). Information technology in managing global supply chains. Logistics Information Management, 13(5): 320-327.
Ricart, J. (2010). From Strategy to Business Models. Long Range Planning, 43 (2), 195 – 215.
Slocum, J. (2005). Strategic and organizational requirements for competitive advantage. Academy of Management Executive, 19(1): 31-45
Teece, D. (2010). Business Model, Business Strategy and Innovation. Long Range Planning, (41) 2, 172 – 194.
Wang, Z. (2006). Organizational effectiveness through technology innovation and HRM strategies. International J. Manpower, 26(6): 481-487, ISSN: 0143-7720.

Baumann, D. (2007). Global Rules and Private Actors. International Management, 10, 3 – 39.
Cooper, H. (2009). The Handbook of Research Synthesis and Meta Analysis. New York, NY: Russell Sage Foundation.
Griffith, D. (2008). Emerging Themes in International Business Research. Journal of International Business Studies, 39, 1220 - 1235
Guthridge, M. (2008). Why multinationals struggle to manage talent. The McKinsey Quarterly, ISSN: 0047-5394.
Manuj, I. (2008). Global Supply Chain Risk Management Strategies. International Journal of Physical Distribution and Logistics Management, 38 (3), 192 – 223.
Meyer, K. (2009). Institutions, Resources and Early Management Strategies. Strategic Management Journal, 30 (1), 61 – 80.
Motwani, J. (2000). Information technology in managing global supply chains. Logistics Information Management, 13(5): 320-327.
Ricart, J. (2010). From Strategy to Business Models. Long Range Planning, 43 (2), 195 – 215.
Slocum, J. (2005). Strategic and organizational requirements for competitive advantage. Academy of Management Executive, 19(1): 31-45
Teece, D. (2010). Business Model, Business Strategy and Innovation. Long Range Planning, (41) 2, 172 – 194.
Wang, Z. (2006). Organizational effectiveness through technology innovation and HRM strategies. International J. Manpower, 26(6): 481-487, ISSN: 0143-7720.