Globalization, more than any other recent phenomenon, has changed the world in unexpected ways. Globalization itself if a product of the advances in science and technology that have been made in the public sphere, bringing people smart phones and computers that grant them access to communication and information unlike ever before. This access to communication and information is shaping the way that people, governments, and businesses interact with one another. Especially in the world of business, and as capitalism continues to spread and adapt itself to our world’s economy, realizing the full impact that globalization is having on business culture is crucial for finding success in our worldwide economy. Often, accepting that the market is saturated in one area, or realizing there is potential in making a safe investment is the deciding factor between success and failure.
For entrepreneur and business professional, Dr. Maurice Roussety, preparing businesses for globalization was the topic of a recent ninety-minute seminar he presented. He has a Masters of Business Administration as well as a Master of Leadership from the University of New English in New South Wales. He also holds a Ph.D. in Intellectual Property and Franchise-Business valuation from Griffith University in Queensland. He has conducted research in the field of professional finance and business, including his thesis paper, “An Integrated Economic Model for the Evaluation of Franchise Systems – A Synthesis of Agency and Finance Theories.” What’s more, he has been Executive Consultant DST Advisory and Lecturer in Small Business, Franchising, Entrepreneurship, and Marketing at Griffith University in Queensland, Australia. In short, his reputation both in and outside of Australia is the reason that so many established and budding professionals turn to him.
In his opinion, one of the biggest impacts that globalization is having on our economy is oversaturation. With more access to resources and information than ever before, more and more businesses around the world have popped up in established industries, making competition incredibly high. Focusing your efforts on building a start up or a fresh business from the ground up is harder than ever before, and promising to keep getting harder in the near future.
For more information about Maurice Roussety, visiting his website or sign up for one of his many informational seminars today.