‘Global Integration – Challenges and Implication’

The globalization is the buzz word now a day, with every other company trying to expand the business beyond one country and this, obviously, requires integrating and interacting with other global players.

To me it looks like a great opportunity, companywide. With expanded operations, the revenue will be increased and on other hand a much wider horizon for employees. I am a firm believer of the fact that working in different countries gives a much wider experience for any body. It could be teachings from social life or be it learning from business interaction. Mental growth is the biggest plus point of working abroad. It’s petty, how some people don’t learn out of such chances.

And with this global market, India is poised to gain. India has a natural advantage of its younger working class, who don’t mind relocating to other countries. With age, this relocating activity looks more painful.

There is more necessity now a day to integrate with a global player. Now days, innovation is the key point and integrating with players who are already in this kind of business in other part of the world. Thus, you need not to build the operations from scratch.

This integration reminds me a well known success story with partnership model. Dassult Systems and IBM. Though IBM doesn’t have its own PLM operations, it works as distribution channel for DS products, there by adding tremendous value to DS as well as PLM industry. This is much successful. And Geometric software, the company where I work, has adopted same ‘partnership business model’ and I think even that is successful. This was clearly an innovative thinking back then by our CEO.

A recent panel discussion about globalization need and challenges in IBM trigged this thought.