The Benefits And Complications Of Globalization And Knowledge Management

Virtualization is a combination of software and hardware engineering that creates Virtual Machines (VMs) - an abstraction of the computer hardware that allows a single machine to act as if it were many machines, or a computer that does not physically exist as a piece of hardware. The hardware that is seen by the operating system is emulated in an effort to separate the physical hardware from operating system. This allows the virtual machine to be moved and hosted on any machine independent of hardware. Virtualization technology is possibly the single most important issue in IT and has started a top to bottom overhaul of the computing industry which is why many companies around the world have are using its softwares to enhance their business opportunities.

Purpose: The purpose of this presentation is to persuade my audience that using virtualization technology is beneficial for both organizations and the environment. I would like my audience to realize that implementing virtualization can have positive effects for organizations and the environment. My central idea is that virtualization technology cuts down on cost.

As organizations all over the world continue to expand, it is important to understand how some of those changes will affect our small companies or large businesses. Every single one of us has have grown up differently in some sort of way, and while we all have different backgrounds, most of us that grow up in the same general region have the same type of knowledge of the world around us as a whole. It is important to remember that while we have some type of knowledge of this, it isn’t the same as really understanding a different culture and how Globalization plays such a huge role.

Virtualization’s rate of adoption is completely characterized by the five characteristics described in the framework for the concepts of innovation (Luftman & Bullen, 2004, p. 189). It is perceived to be better than physical servers in its ability to host multiple operating systems and share the host’s resource. Its encapsulation of resources allows it to operate as if it was a physical machine yet it is totally virtual giving it a relative advantage. It is compatible with all baseline operating systems on the market. Complexity in implementation is minimal making it more attractive to adopt. The vendors allows for free downloads and trials. Its visibility in competition with Microsoft’s Hyper-V has shown multiple advantages. (Luftman & Bullen, 2004, p. 190)

Every single major company, not only in the United States, but in the world, has contributed to globalization. It’s hard to find a large organization that has not opted to outsource for materials or labor. Businesses and consumers find themselves enjoying most of the effects of globalization. With the countless benefits of it, the drawbacks are often not discussed. This video did a great job of explaining how globalization might be negatively impacting our economy; however, the video also did not undermine the clear advantages.

Globalization of business has had a large impact on the field of management. Those seeking management roles in large, multinational corporations must have a different set of skills than in previous generations. In his article “Globalization on the Homefront”, Harold Torrence (n.d.) wrote, “As a direct result [of globalization], management teams are racing to develop the skills and competencies needed to comprehend and appreciate an onslaught of values, assumptions, beliefs and traditions that are fundamentally different from their own.”

Virtualization is being able to give a physical device the power, through the use of software, to do more than that physical device was technically designed and able to do (Santana, 2014, p. 12). For example, a server can only run one operating system at a time. However, when a hypervisor is used in a server, the hypervisor is a layer of software that acts like the server itself so that many operating systems can be run from that one server. The hardware, in this case a server, has been virtualized. The goal is to use all of the computer’s resources all of the time, and the only way to do that is to have enough things running that the resources are being used consistently and efficiently. An analogy for this could be online classes. If each teacher only had one student, the teacher’s resources of time and expertise would not be utilized efficiently because that one student will not need help all day, every day. If the teacher is assigned to fifteen students, the students can still get help when needed from the teacher, and they would not even be aware that they are not alone in the class. Because it is an online class, the teacher does not need any more physical resources to teach an entire class than was needed for one student. The students are receiving the benefits of being taught by that teacher without needing to be with him or her physically.

Thesis statement: Even though the Globalization has some negative aspects for businesses, but it also gives such significant benefits as an opportunity to develop a business all over the world, changing and challenging the way of doing business through a new concept of management in a free world.

Virtual information project teams have become a significant mechanism to utilize when desiring to achieve a particular task or goal globally. A virtual team consists of a group of individuals who are geographically diverse, which causes them to use electronic information or technological tools to coordinate their ideas in order to succeed at a given task. Unlike traditional teams, virtual teams are not run with face to face interaction, but virtually, which means members can participate from any country or time zone as a part of the team. The expansion capability of virtual teams is a reason why they have become a very useful asset in all fields of study and research. The various skills associated with each individual that makes up a virtual team result in the development of the many unique characteristics that virtual teams possess, which differentiates them from ordinary teams. Although there are countless distinctive characteristics of a virtual team, there are still shortcomings. Having a team of individuals with various personalities, perceptions, and values can cause assimilation to become difficult. During an individual’s lifetime, some remarkable human assets are acquired, resulting in the creation of his or her cultural background. National culture can be present on any team, but most teams are formed with members belonging to the same city or state, which makes it easier to arrange. However, a virtual team with a national culture is a more difficult concept to

The virtual workplace has become increasingly prevalent for companies and industries due impart to the accelerated developments in technology. There are growing arguments that provide salient advantages and disadvantages for incorporating the virtual workplace into their organization. Learning organizations have found that there is evidence that shows the demand for virtual work arrangements are on the rise because of the impact of the World Wide Web technology. This rapidly changing environment has influenced growing

Globalization is something that has been occurring since early in the history of entrepreneurs, and something that will not be going away anytime soon. Businesses can enjoy many benefits from globalization that include an increased audience to market their products to, and quicker sharing of innovative ideas. The advantages of globalization are just as much a disadvantage. The increase in competition between domestic and foreign business has lead to a decrease in employment and an increase in outsourcing. Businesses need

With globalizing you have to make sure you abide by all government agreements when it comes to outsourcing and offshoring (Durbin, 2012, pg.37). To big companies they have more reasons to globalize and outsource, sending jobs overseas, with typically lower wage costs as well as lower operating expenses. Also helping in the global economy by helping reduce world-wide poverty while creating new employment and sports. While also helping efficiency by being able to work 24/7 due to different time zones. With this open economy it keeps the mind fresh and innovative with new ideas from abroad, diverse mindsets help flourish a business. However will all pluses come negatives, such as the millions of job losses America has faces due to many business finding cheaper labor and locations in other countries. This also means that many professional jobs such as finical analysis, and design engineers are relocated. Making the job force highly competitive for lower skilled workers, having them compete against each other. In the end big companies win, because to stay competitive they lower wagers and close plants instead of offering the basics of health care, pension and retirement benefits, this can leave many companies in human right violations (Durbin, 2012, pg. 57-58).

With the technology advancement in virtualization, one can be free of travelling from one place to another. Minimization of time and cost can be earned by the help of virtual classrooms.

Most companies in the U.S. are going global. Whether its for cheaper labor or convenient supply networks, companies are competing in a global market. Management needs to start globally and culturally understanding their workforce based on their location to better manage this ever-changing workforce. On a

Globalisation: The globalisation of the world economy has created unprecedented opportunities not only for organisations and companies but also for individuals. Career and job opportunity are not only limited to the local marketplace but also globally. Similarly, we are increasingly finding work