Business globalisation

Globalisation (or globalization) describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade.

Globalisation usually refers to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. The term can also refer to the transnational circulation of ideas, languages, or popular culture through acculturation.

Globalisation impacts businesses in a multitude of ways but little research has actually been devoted to “Business Globalisation” which specifically relates to how businesses take into account globalisation into their strategies, structures and operations. ACTIOM conducted some complementary research and came up with a large set of insights on how companies make decisions about their international footprint and on what challenges they most often face
To help address the business globalisation challenges, ACTIOM has created a “Business Globalisation Framework (BGF)”, a collaborative approach for optimising the opportunities and risks presented by globalisation. 

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Selected examples:

- Assessed, designed and co-implemented the upstream globalisation of a diversified manufacturer, esp. with respect to the Middle East and China
- Assessed and designed the European market entry strategy of an Emerging country manufacturer
- Designed and co-implemented the supply chain transformation of a manufacturing relocation from Western Europe to Russia
- Assessed, designed and co-implemented the supply chain transformation of a manufacturing relocation from Western Europe to the Czech Republic and to Poland
- Assessed, designed and co-implemented the globalisation strategy of a scalable new service business applying ACTIOM’s “Business Globalisation Framework” (BGF).

- Assisted a Global Manufacturer in restructuring its global supply chain in reaction to the introduction of Trade Sanctions

- Assisted a larger Buyer in optimising its procure to pay process, offer trade funding to suppliers and put in place a trade facilitation platform: TradinLoop

In face of the growing importance of Business Globalisation while recognising the current limitations encountered by corporate leaders, ACTIOM has written a white paper entitled ”Business Globalisation - in search of structure”. For more information, please fill in the contact form.