Engaged minds

Teenager (T):  I was assigned a task in which I have to address the issue of balancing the needs of a global city with that of a nation state, focusing on assessing the impact of globalization on one aspect.  The issue that I wish to investigate on is pertinent to the issue of the effect of social immobility, caused by wealth inequality on social cohesion. To gain some perspective on my area of research I would like to direct a few questions to you.  Mr X (X):   Globalisation impacts the economy, government, society, and every individual directly and indirectly! Globalisation helps free trade and capital, improves movement of human capital promotes capitalism opening up enormous opportunities for people and economies.  On the flip side, it also throws up social and economic challenges due to porous borders, liberal trade and immigration laws that allows free movement of goods, capital and people.  Globalisation also creates intense competition tha...

Whenever an organisation or system changes its vision or strategy or needs to remove the corrosion, it is often given that everything within the organization must change, adapt and sparingly destroy. Many of organisations and management often adapt a quick fix ‘surgical strategy’ across the board - hiring and firing, placing a new team and bring in new blood; destroying the existing and recreating the new. These organisations believe that the old must give way to the new. Management performance and incentive plans to achieve the desired change are also agreed based on (often exaggerated) minimum loss value in initial years and minimum profits for future years which may remain elusive!   The illusion of “surgical changes” clouds the new management from enjoying the true value of sustaining existing success that is paying for the change. Often undermined is the current capability, competitive advantage, the skills, experience and insight of the existing people, prod...