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4 Advantages Of Globalization

Businesses are going global. The world is connecting more than ever before. If you are not on board with this idea yet, you may want to get comfortable with it.
Don’t be afraid of change, this is the chance for you to expand your network and your impact.

I want to show you some of the advantages that can be found in opening up to the world and that competitors might already be taking on. Especially after a pandemic that enforced flexible, remote work upon us and a change into a “new” normal.

In this new work environment, you will be able to not only expand your reach, but your horizon, your communication, and your knowledge by crossing bridges you may have never even seen before.
Not only the workforce, but the connection between people will improve through globalization.

The word “globalization” sounds big, uncomfortable, and “far out there”, but the reality is that this movement will generate numerous advantages for many businesses.
Think about the cost reduction when going global and having access to talent around the world with flexibility, thus retention, and minimized physical office space.

So, there is a wide range of advantages once we choose to implement international operations and accept it as the “new normal”.


1. Borderless Workforce

Imagine being able to work with people all over the world. You won’t be limited to a physical office space that accommodates individuals in one location to work on a common goal.

Your company can cover more ground and reach more countries all across the globe – people can work from their homes in different time-zones, with different languages, with their own schedule and from anywhere there is internet access, even if it is on the beach.

Contentment and happiness are directly tied in with the freedom of working from wherever people want, especially for younger generations, such as Millennials and Gen Z-ers that are looking for purpose and flexibility.

Further, think about the talents you can reach with borderless recruiting.
The onboarding process can be comfortably done from different places with virtual connections.


2. Global Business Partners

It is not a secret that you can’t know everything about markets in different countries.
Until recently, a global presence was reserved only for big corporations that were able to do business across the world with a physical branch and meetings with potential business partners and clients.
Globalization and the growing understanding of the advantages of virtual work environments and systems will let you expand your services now with a mouse click.

The partners you would work with understand the market and can be your trusted advisors and advocates with local expertise.

Now, your network can be contributing to economic growth on a global scale.


3. Global Skills Development

I have already touched on the fact that globalization facilitates growth for businesses with access to top talents around the world.

Skillsets can be narrowed down to the core and be defined with fewer compromises in this new economy as your candidate pool is not limited by locations.

Imagine how an expanding approach enables companies to learn from different working cultures and enhances collaborative leadership styles, operating in a progressive world of digitalization.

Utilizing online training from top talents and high achievers across the globe is going to be the new accepted norm of education and onboarding through increased use of technology and virtual interaction in the global workforce.
On top, people are going to be able to train and improve their networking and language skills.


4. Global Connection

Working on an international level with local experts and a flexible workforce appears to be the next step in how we are going to do business, big or small.
So, the nice thing is that we expand our global network that will not only be profitable but brings us back to a more genuine human-to-human connection, into a mindset of personal growth and knowledge with inclusive thinking and newly gained understanding of different cultures.

It all can be. And it should be, as your competitors may have already taken the leap.
Have you? Be ready to grow.


>> What is your favourite advantage and possibility through globalization?

>> My borderless leadership development and coaching programs are here to support your growth, no matter where you are.


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