Group 10@Sophia: Privatization and externalization of the military: a global challenge

I. An expanding trend responding to worldwide Defense budget cuts

II. A new business: global companies and services tailored for public-private partnerships

III. Regulation for a smart-contracting approach: the French scenario in a globalized world​

 

 

Group 10 @Sophia : Globalization 2014-2030: how will it impact our gameplan

Whatever we like it or not, Globalization is the key factor running our professional life. Thus, our game plan must take it into account so that we can maximize its profits and lessen its negative outcomes.

Globalization offers tremendous opportunities in terms of mobility and job offers. Nowadays whoever speaks English is entitled to work anywhere and this trend is bound to expand for years to come. The prevalence of western way of life and work tools makes it easier for us to adapt in foreign countries: all companies use the same office software applications (e.g. Excel and SAP) and countries themselves are “opened” to western culture, as we find the same brands, the same food and technology networks, thus making it easier for us to feel “at home” while abroad. Technology will probably shorten long distance flights, with increased cost-competitive prices. Shortened distances and less cultural boundaries will promote knowledge economy and develop interactions between countries and people: we will have to be very flexible and open-minded in order to experience the best part of both cultures.

On the other hand, we will have to avoid a few booby- traps. We are already overwhelmed by data streams; one of the major stakes for the next 20 years will be to filter these increasing volumes of information and determine what to analyze, and what to put aside. As Globalization expands, we will also be in competition with always more people and we will deal with higher job requirements and professional expectations. Following the recent developments of labor codes around the world, it might also be a more hazardous business world to thrive in. Eventually, current geopolitical clashes bear the risks of seeing certain parts of the world closing their door to Globalization. We could ask the question the other way, but we will know how to react as change leaders and adaptable managers.