In our growing borderless world, there are shifts in public policy which have made the movement of people, products, money and ideas move across national boundaries easier than ever. And, it is only getting easier, as this global flow is estimated to triple in the next decade, due to:
a) rising prosperity and participation in the emerging world, as well as
b) the rapid spread of digital technologies / internet.
Detailing this global flow, McKinsey Global Institute noted that one in three goods crosses national borders, and more than 1/3 of financial investments are international transactions.
The global flow is not limited to large multinational companies either, as even the smallest company/solo entrepreneur is now enabled to be a “micro-multinational” by selling and sourcing products, services and ideas across borders.
Is your organization part of the global flow?
