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Globalization 2.0 - A Roadmap to the Future from Leading Minds (Paperback, 2010 ed.)
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Globalization 2.0 - A Roadmap to the Future from Leading Minds (Paperback, 2010 ed.)
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. . . Eat not up your property among yourselves unjustly except it
be a trade amongst you, by mutual consent . . . and help you one
another in righteousness and piety. . . (Al-Hadid 4:29; Al-Ma'idah
5:2) There cannot be any doubt that the current ?nancial crisis,
which began in the US, has gone global. This realization has
fuelled the ?re of debate over globalization. Today's globalization
is no longer the globalization that Theodore Levitt, a former
professor at the Harvard Business School, described in 1983 in his
world famous article ''The Globalization of Markets. '' Although,
in old days, Levitt and his successors had not seen globalization
as an utopian state free of problems, no- days globalization has
been reshaped completely. Therefore, in the perception of the
editors it is justi?ed to use the phrase ''Globalisation 2. 0'' for
the range of effects interpenetrating global economic arrangements.
Globalisation 1. 0 will never be restored again. Since the subprime
crisis made its way to the global arena in the year 2008, companies
and managers are confronted with the breathtaking speed of global,
regional, and local changes. It is more than a provocation to
divide dev- opments into cause and effects. Forecasts in strategic
management are no longer valid even for the moment they are
published. Uncertainty occupies the driving seats in global,
regional, and local oriented companies.
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