Think local, act global (page 4 of 4)
- Sunday, December 08 - 2002 at 09:10
By operating from one unified Web-enabled infrastructure and a centralized global database, a company can better utilize and deploy its resources and personnel to meet worldwide demand. With the creation of virtual teams, companies can juggle more projects simultaneously. Reducing the need for consultants to travel increases their bandwidth and their value to the company.
Globalization is important to businesses of all sizes. Removing regional silos of process and data from any organization can alleviate information blind spots and enable management to best analyze and evaluate both division and overall business performance. Streamlining and standardizing communications, business functions and management practices to be consistent throughout the global organization, while local offices remain sensitive to cultural and compliance issues in the markets they serve, allows an organization's worldwide market presence to be more than all over the globe.
Driving the change to act global yet think local is not easy, but economy of scale and operational efficiencies built into a standardized, global system make its benefits clear: As revenues grow, cost reduction, information sharing and margins improve. Local business specifications and advantages can continue while management now achieves global visibility and real-time information about performance. It is an investment that keeps producing dividends.
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.

Oracle Middle East



