Globalization is a contentious issue. Some people value the freedoms and opportunities that global networking provides, while others are concerned about environmental damage and the loss of cultures and customs. Most people are surely aware that globalization brings more than just benefits. However, there is still nothing to be concerned about.
Globalization is the political, economic, and social interdependence of the world. Especially online, it is easy to see how networked the earth already is. It’s easy to see how connected the world is already, especially online. We can connect with people thousands of miles away, make transactions without needing to create human contact between merchant and buyer, and bring people together across borders to take advantage of opportunities that no one would have considered before.
Why an intact and up-to-date IT system is important
The pressure of competitiveness is increasing as a result of international networking. Companies today must compete not only with the store down the street but with every company in the same industry that is represented online in some way. Companies that have an up-to-date system, are easily found, have an appealing website, and provide excellent customer service naturally perform best here and will win the battle for customers in the long run.
This, however, is a particularly problematic issue for small and medium-sized businesses. While larger organizations may afford to hire their own IT specialists, smaller businesses must rely on current personnel.
This circumstance, however, can be viewed as a benefit. Attracting such a vast potential clientele has never been easier than it is today. It is consequently incredibly prudent and critical to remain appealing and current, particularly in the field of information technology.
Advantages and disadvantages of globalization based on the IT industry
As a result of globalization, production sites have shifted further away from the prosperous West. Manufacturers first relocated their operations to Southern European countries, then to Asia. The benefit here is obvious: cost savings. The production of goods has never been more cost-effective than it is today. Meanwhile, it is no longer required to leave one’s own country in order to commission productions. Data transfer is simple with video chats, clouds, and email. In the long run, this benefits not only IT businesses and shops but also customers, who have never had it so easy to purchase things at affordable prices. Unfortunately, workplace migration can lead to the degradation of working conditions, which is a significant consideration for ethically acting businesses.
Knowledge may now be disseminated much more easily because of networking and improved contact between specialists all around the world. Innovation is no longer a rare phenomenon, thanks to easy networking and uncomplicated involvement in the global market. New innovations are continually being introduced to the market. Today, developments in IT, as well as other subject areas, happen significantly faster and more frequently. Companies and consumers have constant access to new technology and other benefits. Unfortunately, this fosters the development of waste (in our case, electronic waste), for which there is yet no definite solution.
Globalization has made it easier for small enterprises to establish themselves in the industrial sector. Previously, a company needed a large amount of start-up capital in order to begin producing goods and pay for its production site and employees. With the migration of manufacturing to Asian countries, you may start with little capital. This promotes fairness and equal opportunity for entrepreneurs.
How can we operate sustainably despite or especially with globalization?
Not only may outsourcing industrial activities to Asian countries benefit entrepreneurs. Workers in so-called “low-wage countries” may gain as well. Jobs are needed, and job creation should fundamentally be seen as a good thing. There is nothing ethically wrong with outsourcing jobs if rises in the legal minimum criteria for factory workers are now also set higher politically.
IT is also generating new job opportunities in Europe and North America. Specifically in development and management.
Globalization is keeping the whole world on its toes and it is important to keep up. Companies, but also private individuals, should keep an eye on the innovations in order to be able to keep up in time and not be overrun. Of course, finding a reasonable balance between the yearning for something new, networking, and sustainability is critical. However, with some thought and assistance from experts, determining where to draw the line is relatively simple.
