Thursday, May 22, 2008

Digitization and globalization

When I see the world from a technology perspective - am tempted to ask - is globalization a result of digitization? Well, that's not really what I would want to write about though as am sure several management luminaries would have shed enough light on the same. Not many organizations have an innovation DNA and not many of us have the adaptability DNA. And, this has become an imperative in today's digitized, globalized world. An increasing number of organizations are focusing on faster-innovation-to-market so as to generate competitive advantage. And, as these organizations propel themselves forward, employees unable to adapt to the changing landscape are left behind. What's also true is that in most cases it's the key resources that would be left behind leading to what management experts call reverse salient. It's upon the employees and more importantly the organizations to seamlessly move together. If any one fails, the growth of the organization would be at the expense of losing key resources that provide ammunition at regular intervals – like a rocket launch.