Abstract (may include machine translation)
This paper examines the evolution of an organization strategy aimed at creating a global company. The paper offers a conceptual and experimental framework for this process. The article defines the adoption of a globalization strategy in terms of economic, "political" and "social" phases that are triggered temporally and spatially by agents and/or structural events. The process of transformation itself is a strategy and the adoption of a globalization strategy is dependent on the scope of the agent respective to its trigger. The evolution of a globalization strategy appears to be initiated by a need to liberalize rules and regulations both within an organization but also within a country that will lead to eventual economic benefits. The adoption of a globalization strategy provides further economic benefit, but requires increased liberalization and the creation of what this paper terms a "hybrid organization." Moreover, the commitment to integrate a globalization strategy involves a "social" component that requires acceptance of new organizational frameworks and is achieved through "normative diffusion." Based on experimental data, this paper will highlight seminal literature to define a framework for the evolution of a globalization strategy and create a dynamic model to define a relative timeframe for an MNE to evolve a globalization strategy. Managerial implications are offered based on our analysis.
Original language | English |
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Pages (from-to) | 47-61 |
Number of pages | 15 |
Journal | Global Business and Organizational Excellence |
Volume | 26 |
Issue number | 4 |
DOIs | |
State | Published - May 2007 |