Corporate Globalization: A Baldrige-based Assessment for Organizations that Conduct Business Worldwide
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Corporate globalization is the process of increased interconnectedness in areas of economics, politics, andculture. Large corporations reach across the globe with their offices and factories in many different countries.These large corporations produce and deliver an enormous amount of goods and services through theirproduction and advanced technology. These corporations essentially own the world through their globalizationefforts. Many of them have annual revenues that exceed the national economies of many counties.The concept and scope of corporate globalization efforts entail the integration of economic, environmentaland social issues that a global organization impacts. Corporate globalization efforts have risen in prominenceover the past few years among leading organizations as a tool to achieve strategic dominance and sustainabilitywithin the global marketplace. Organizational sustainability and excellence in corporate global practices isbeing addressed in both the Dow Jones Sustainability Group Indexes and the Global 100 Most SustainableCorporations in the World initiative that was launched in 2005 and presented annually at the World EconomicForum in Davos, Switzerland.Corporate globalization planning for an organization builds on its core values, and can provide direction andrationale for the integration of global principles and practices among employees, vendors, and customers.This comprehensive manual will aid an organization in identifying strategic opportunities for improvementregarding their globalization efforts. The manual will be most valuable in developing and/or improving aCorporate Globalization Plan and will help an organization identify and strategically address corporateglobalization opportunities.
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