G.E. The Contemporary World

1. Josefino T. Larena Jr.,CPS, MPA

2. Learning Outcomes
 At the end of this lesson you should be able to:
 1.agree on a working definition of
globalization for the course
 2. differentiate the competing conceptions of
globalization
 3. narrate a personal experience of
globalization

3. Globalization
 Globalization is the
word used to describe
the growing
interdependence of the
world's economies,
cultures, and
populations, brought
about by cross-border
trade in goods and
services, technology,
and flows of investment,
people, and information

6. What is the definition of 'Global
Experience' today?
 I recently learnt at a Centre for Talent Innovation
(CTI) dinner that, 70% of senior leadership in the
world used to have what can be termed as “global
experience” in Fortune 500 companies about 5 years
back. That number is only 20% today! Clearly… this
is contrary to what one would expect. With growing
globalization, opportunities and an ever-increasing
demand for niche skills, the number should only go
up!

7.  So are leaders today really lacking global
experience? That depends on what is the
operational definition of global experience, which
traditionally has been about traveling extensively
or living abroad for work. That has now changed .
The world has gone through periods of financial
crisis - cost reduction and optimization have
become important themes across organizations.
 Bringing in expatriate workers with niche skills
is expensive and international travel has reduced
significantly. At the same time, technological
advancements and virtual presence have come up
in a big way – knowledge can be shared virtually,
team meetings can be held across geographies and
time zones and the internet of everything will be a
reality soon.

8. Globalization : A working
definition
 Globalization is a process of
interaction and integration
among the people,
companies, and governments
of different nations, a process
driven by international trade
and investment and aided by
information technology. ...
Likewise, for centuries,
people and corporations have
invested in enterprises in
other countries.

11. Global Filipino

13. Thank you so much