Getting worldly on going global.

• Author: Madden, Jim
• Position: Manage Your assets - Brief Article

It is hard to resist the allure of expanding globally. Several powerful factors, from liberalized foreign investment policies to a drop in the costs associated with global operations, are making a convincing case for building truly worldwide businesses. The McKinsey Global Institute's latest report shows that the overall economic impact of multinational investment on developing economies has been overwhelmingly positive. Opportunities for global expansion are endless; however, implementing an enterprise-wide solution or outsourcing can be a major challenge -especially when an organization has complex business practices, varied business lines or multiple...