Globalization is a worldwide term that is used to define several global phenomena, as it has given several negative connotations along with the positive ones. While scholars who have advocated the broader financial incorporation across the national borders, it has also been severely criticized by the scholars who have perceived it to be a threat to the social cohesion and considered it to be as an advancement of the unregulated capitalism (Beck, 2015). There are numerous animosities that have surrounded the debate on globalization. However it requires a holistic approach to analyse the issue. The impact of globalization on the nation states, the relationship between worldwide conflicts and globalization, its impact on the increasing number of countries and population that eventually increase the demand of durable services are required to be analysed (Spring, 2014). Therefore this essay will trigger these issues and the impact of globalization in a critical way.
Globalization and demographic trends have affected each other, as it has a close interaction with the demography. This interaction between the globalization and population goes back to the pre-historical time when the humans migrated from one place to another. Some scholars have seen globalization as the procedure of a powerful exploitation of the weaker ones, so that other can increase their wealth. However, other groups also see the phenomenon as the process of enriching all the countries. Even if globalization was mostly to help the developed countries so that there can be a global rise of the general living standards of the population, several scholars make the claim that it is also accountable for the overpopulation in the developed countries (Spring, 2014). As the globalization tend to increase the gap between the poor and the rich, therefore the countries who are with high poverty rates suffer tremendously. Therefore the immigrants in the developed countries tend to increase. As capitalism act as the dominating force in the global economy, therefore it is easier for the multinational companies to abuse the natural resources of the third world countries because it was only to help the country in an economic way.
However the economic contribution of globalization tend influence the families to have more children. The tendency of having more children and more migrations, both the issues have contributed to increase the population of the developed countries (Suarez-Villa, 2016). However, according to several scholars, there are other reasons behind the growth of the population, such as the role of religion, less access to birth control, basic education etc. These reasons indicate to the post world war baby boom that raised the chances of the lost fertility at the time of war. Studies have recognized that with the increasing capability of income of affording more children contributed more to the overpopulation (Nisker, 2014). If this theory is considered to be the correct reason for the over population, it played as a stimulator in the modern times as the expansion of the global organizations has made the economic recoveries easier for the population.
Globalization has also increased the risks in the business as the now the world presents very few barriers. Regarding the nation state level, they can be counted now that increasing the numbers of countries. Questionably almost all the countries now have opened their gates for the foreign investments not only for the services and products, but also for the digital cash flow, intellectual properties and getting high skilled people (Suarez-Villa, 2016). This trend basically has linked the different countries and economies together more intensely. This trend, on one hand, has made the countries tie together, but on the other hand, the risks of increasing migrants and the worldwide conflicts of the disturbed management of the resources are increasing with each day. The disruption of the economy, energy, agriculture of the developing countries by the developed ones has been a serious conflict worldwide. There have also been other issues such as climate change, political governance, which have given rise to more conflicts around the world.
The future of the organizations has always been a perennial debate al around the world. As the companies have largely gone digital and with the diverse activities all around the world, the digitization of the organization have increased nowadays. While discussing if the organizations were the governance, one must understand the concept of governance all over the world (Mayhew, 2014). It generally refers to the procedures of the governing, whether it is undertaken by the government or a network or an organization or any market, over a territory through different norms. The means of undertaking can be diverse; it may be a norm, or power or a language. It also refers to the procedure of decision making and interacting among the responsible actors who are involved in the collective process that leads to a creation of social norms (Santos, 2014). There are different kinds of governance all over the world, such as Tyranny, democracy, plutocracy, benevolent dictatorship etc. A tyrannical leader will be produced by anarchical governance, which refers to an entire lack of the political systems where there will be no rules and regulations and the strong have total power over the weak population. However, the governance could turn into anarchical governance due to internal conflicts or the natural disaster, but anarchy cannot sustain. In the plutocracy people with most of the resources tend to rule. A plutocracy can be seen in the action in the emerging democracies as the leaders tend to put more importance on the ones with wealthy section of the population for any kind of governmental affairs (McDaniel, 2016). This kind of government puts more significance on the human inclination for the power attraction and the attraction of the wealth. Both of these factors radiate this governance. Ancient Greece is an example of such governance. Democracy refers to the rule of the common people over the system, where the citizens exercise the power of electing their representatives among themselves who eventually form a government and rule the country. India is an instance of such democratic country. Another kind of governance is benevolent dictatorship where one person has all the powers. This kind of governance is generally gives rise to a bureaucracy where one person dictates everything. This kind of governance includes Germany at the time of Hitler, Italy at the time of Mussolini. These systems mostly based on the military power and it is entirely the military dictatorship.
However, if the organizations were governance, there would not be any democracy or tyranny; rather it would entirely be a benevolent dictatorship. However, most of the organizations work in a collaborative way as all of them need a fair amount of investors for the work. Therefore if the organizations act as the governance, it would be a combination of the plutocracy and benevolent dictatorship. As plutocracy put a lot of importance on the people with more wealth, the organizations put more importance on the investors and the employees are the most neglected stakeholders in an organization (Scott & Davis, 2015). The organization may also act as the dictator of the governance; however it is not much effective as there have been several issues where the employees with high potential have walked out of the companies due to the dictator supervisors. However, the companies would not really expect to turn into democratic governance.
Businesses and their industries are experiencing a massive change with the changing of the factors, internal and external, existing in the business environment inside which the organizations are operating. The stakes inside these organizations – social, financial, political and environmental consequences – are also mounting in a similarly exponential way. The unprecedented series of changes influence the way companies are doing their businesses and even the nature of the organization. These changes have radically changed the foundation on which businesses sits (Ellis, 2015).
Having an idea about how the organizations would be shaped in the future is a topic for a healthy conversation in the current situation ruled by the bottom line. There are multiple approaches to organizational change – the most common being the digital one. The challenges that would come with this change would require a lot of investment from the organization’s side – in terms of capital and time, both. The organizations would be left predicting the nature, the competitors, the new products and new kind of data and technologies that would be the cause of the organizational disruption (Reinisch, 2015).
Most of the time organizations, in their interview processes, choose candidates based on their skill set or their experience. The future interviewing process would be broader in terms of acceptability and would look to have a workforce that would possess the right attitude and potential for building and developing skills fast. Future organizations would also have a cross-functional interview process/panel in which each perspective would be judged and not just the candidate’s last experience. Managers would be giving the employees opportunities to and hire new employees who are better than themselves so that the bandwidth is provided to the employees to take on larger responsibilities and scale up in their professional lives faster (Van Dooren & Van de Walle, 2016).
In the perfect future organization’s employees would be given the opportunity to stretch and contribute extra. Yearly surveys would be dealt with as an unfortunate obligation. The emphasis would be on consistent self-awareness. Associations would move to a constant at work input, improvement and survey instrument. Additional dimensions would be added to performance assessment taking the future of the organization into consideration. The potential here is not unquestionably the capacity of the individual. It is decently the individual’s ability as to your relationship to go up against greater, more broad or more mind boggling parts and commitments later on. It is normal for the individual’s adaptability inside the affiliation. One way future affiliations would measure potential is to assess the person against the affiliation’s qualities given that these qualities drive hones which will help the affiliation produce a strong culture. Data would be collected by live, real-time feedback on these standards shared by people, peers, supervisors, colleagues through an internal mobile application. For example, toward the finish of a venture, companions could give scores on ‘inclination for activity’ in light of the activities and practices showed amid the venture. This real time criticism helps representatives constantly enhance as well as keeps any recency inclination if this somehow happened to be caught through overviews nearer to yearly audits (Cameron & Whetten, 2013)
In the future, enterprises would look past their current situation and hunt down ways to deal with unshackling themselves from current large–enterprise organization and technique to open progression and in this way help them to battle. Affiliations completely are chasing down ways to deal with enable deftness to occur over the affiliation. In the mid–term future, affiliations will make far higher use of external social affairs for discrete parts of their business – yesterday which showed up as the outsourcing of creation. As we propel affiliations will, because of the novel weights they are under by the described changes, need to find a way which equalities most extraordinary spryness with a base level of control, detectable quality and security (Bernardo & Simon, 2012).
It is unsure where the growing pace of globalization would be taking the world in future. On the one hand, the contracting of the planet in view of extended speeds of travel, trade and Internet exchange all add to make an authentic overall town. On the other, owing to significantly embedded human attributes, social variations and uncertainty for those outside one’s “tribe” remain settled in (Hettne, Sunkel & Inotai, 2016).
Futurists have since a long time back expected that the world will create a techno-driven state of solidarity. Regardless, it is unverifiable that how sensible are dreams of a legitimate impeccable world, of a world enhanced and serene through creative advances and, more fundamentally, through the pervasion of the inventive common method for getting things done of sharing information fairly into administrative issues and culture (Hakansson, 2015). Viktor Mayer-Schönberger, the head of the Information and Innovation Policy Research Center at the National University of Singapore, desires that progress in development would make us more drawn in, prodded and elemental, instead of reckless buyers of information and incitement. Besides, NYU instinctive communicate correspondences instructor Clay Shirky stresses that creative perils could risk an excellent piece of the openness that we now acknowledge on the web.
Predictions have gone on from humanity being at crossroads to nearly half of the Amazon rainforest being deforested. Science would be advancing so much as to being able to prepare memory implants for people to complete work within a shorter span of time. Erasing and restoring of memories would become easier. A new generation of hi-tech supercarriers would be seen and global car sales would be sharing half of it share with autonomous vehicles
A champion among the most understandable and alarming responses to penchants of social mixing is the surge of fundamentalism. If qualities and customs that have described how we and various periods of our ancestors have lived ended up being crippled by “outside” qualities, we have two choices: We either open up or hold them to a decreased or more essential degree, or we delve in and riposte. Individuals have progressed in tribes are up ’til now tribal. Past our families and blood relations, enormous quantities of our communal and social relations are vested in unwaveringness to special get-togethers, from the Red Sox or the New York Yankees to being an American or Mexican to being White or Hispanic to being an Episcopalian or a Muslim. We promise commitment to either flag, and many are set up to fail horrendously protecting it (Bhabha, 2012).
By 2050, we may not discard bias in America by and large in the accompanying 40 years, yet past NAACP President Benjamin Jealous forecasted that in the impending decades the concern of race would end up being significantly less colossal, even as the concern of class might climb in hugeness. Father James Martin, a Jesuit priest, says it is even probable that we’ll see a dim pope.
In the meantime, imprisonment expert Robert Perkinson says he assumes there would be fewer Americans in prison in 2050, in light of the way that we will comprehend that the present a lot of detainment are out of coordinate with our history and qualities. Understudy of history and social analyst Joan Wallach Scott stresses, in any case, if not the countries of Europe comprehend how to oblige untouchable Muslim masses, there would be more turmoil ridden situations, and growing divisions along budgetary, religious and cultural lines (Smith & Tilley, 2013).
In case we do not make noteworthy strolls in battling an overall temperature modification, it’s plausible we could see wild climbs in sea levels, enormous gather deficiencies, and wars over dynamically unique freshwater resources. However, information development might bring in some great confidence for our planet, says oceanographer Sylvia Earle, who trusts that organizations like Google Earth can change consistent people into ocean preservationists (Bellard et al., 2012).
Demographic changes will doubtlessly be enthusiastic (Colilla et al., 2013). Rockefeller University numerical researcher Joel Cohen says it’s conceivable that by 2050 a large portion of the all inclusive community on the planet would reside in urban districts, and would have an essentially higher ordinary age than people today.
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