Five Critical Success Factors in a Globalization Project

  1. Leadership: The leadership team must define the reason for change, a strategy, and set objectives. They must have a vision of what the change will lead to and what benefits will accrue. Employees and stakeholders must be engaged and motivated. This can be done by setting targets, measuring performance, and providing financial and non-financial rewards to reinforce changes in behavior. 
  2. Training: A globalization effort is a catalyst that forces people to learn new, standardized
    processes. This requires training in both adapting skills and learning new processes across the enterprise. Whether the change is new functionality or adherence to naming
    standards, simply publishing a training manual is not enough to bridge integrating
    changed practices into daily operations. Implementing a more personalized approach that promotes conceptual buy-in alongside the new information often garners more success.
  3. Communication: Lack of appropriate and sufficient internal communication is often the biggest obstacle to business transformation. It is critical that discussions and initiatives are clear, that requirements are gathered and considered for all locations, and that all requirements be incorporated into a deliverable solution for every location involved. This communication plan must be carried out early and consistently to ensure acceptance and rapid adoption of the changing global landscape.
  4. Cultural Diversity: To create a common culture and unify worldwide business processes, companies must consider regional holidays, multiple languages, conflicting time zones, and cultural differences. By embracing this diversity, the organization is exposed to a wider variety of business practices and experiences. Leveraging these attributes can facilitate the transfer of best-of-breed practices across the enterprise, in addition to providing
    opportunities for system maintenance windows.
  5. Governance: The implementation of effective controls and governance allows enterprises to manage the shared assets that result from the fusion of people, processes, and technology. Global governance structures should be designed to maximize expertise and leverage scale. Although the specifics will vary for each organization, some common processes such as corporate treasury, invoice processing, receivables processing, Sarbanes-Oxley compliance, account maintenance, corporate reporting, expense processing, and HR maintenance benefit from the oversight and operation of a shared services center.
Download PDF

108 thoughts on “Five Critical Success Factors in a Globalization Project”

  6. Peterdex says:

    Acheter Cialis [url=https://tadalmed.com/#]cialis prix[/url] Tadalafil 20 mg prix en pharmacie tadalmed.com

  9. Peterdex says:

    Kamagra Oral Jelly pas cher [url=https://kamagraprix.com/#]Achetez vos kamagra medicaments[/url] kamagra livraison 24h

  15. Peterdex says:

    Cialis sans ordonnance 24h [url=http://tadalmed.com/#]Cialis sans ordonnance 24h[/url] Tadalafil 20 mg prix sans ordonnance tadalmed.com

  21. Peterdex says:

    Achat mГ©dicament en ligne fiable [url=https://pharmafst.com/#]п»їpharmacie en ligne france[/url] pharmacie en ligne pharmafst.shop

  26. Peterdex says:

    Acheter Viagra Cialis sans ordonnance [url=https://tadalmed.com/#]Tadalafil 20 mg prix sans ordonnance[/url] Pharmacie en ligne Cialis sans ordonnance tadalmed.com

  32. Peterdex says:

    acheter mГ©dicament en ligne sans ordonnance [url=https://pharmafst.com/#]Pharmacie en ligne France[/url] Pharmacie en ligne livraison Europe pharmafst.shop

  37. Peterdex says:

    Kamagra Commander maintenant [url=https://kamagraprix.shop/#]kamagra oral jelly[/url] Kamagra pharmacie en ligne

  42. Peterdex says:

    Kamagra Oral Jelly pas cher [url=https://kamagraprix.com/#]acheter kamagra site fiable[/url] Kamagra Commander maintenant

  59. Peterdex says:

    pharmacie en ligne avec ordonnance [url=https://pharmafst.shop/#]Pharmacie en ligne France[/url] trouver un mГ©dicament en pharmacie pharmafst.shop

  66. MichaelFuB says:

    canadian pharmacy online [url=https://expressrxcanada.com/#]Generic drugs from Canada[/url] cheapest pharmacy canada

  71. MichaelFuB says:

    Rx Express Mexico [url=https://rxexpressmexico.shop/#]mexican border pharmacies shipping to usa[/url] mexican online pharmacies prescription drugs

  76. MichaelFuB says:

    pharmacy rx world canada [url=https://expressrxcanada.shop/#]thecanadianpharmacy[/url] reliable canadian pharmacy reviews

  82. MichaelFuB says:

    indian pharmacy online shopping [url=https://medicinefromindia.com/#]indian pharmacy online[/url] Medicine From India

  88. MichaelFuB says:

    indian pharmacy [url=https://medicinefromindia.shop/#]medicine courier from India to USA[/url] indian pharmacy online

  94. MichaelFuB says:

    mexico pharmacy order online [url=https://rxexpressmexico.shop/#]medicine in mexico pharmacies[/url] mexican rx online

  99. MichaelFuB says:

    mexico pharmacies prescription drugs [url=http://rxexpressmexico.com/#]mexico pharmacy order online[/url] mexican online pharmacy

Leave a Reply

Your email address will not be published. Required fields are marked *