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We
live in a borderless world. The two
sides of the globalization coin see both
companies from overseas setting up shop
in the region, as well as organizations
within the home country articulating
global ambitions - to expand their
footprint abroad. The net result is that
now like never before, there are a
variety of alternatives for customers to
choose from.
This applies across markets and domains
- whether it is consumers having
purchase choices like never before, or
organizations being able to shop around
in a larger arena for ancillary products
and services. This abundance of options
characterizes the global marketplace of
our global village.
If the arena is global, then so are the
players. Taking the sports analogy
further, if earlier it may have been
adequate for companies to perform well
at a state-wise or national level, this
is still necessary, but no longer
sufficient. Companies now have to be
competitive, at least at the broader
regional level, and more often than not,
on a global scale.
The
burning issue that you need to address
every day that you step onto the field
is perhaps best summed up by one
straightforward question:
“Is your team ready to play at the world
cup?”
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