Hello friends Summarized! In this article we will discuss the definition of globalization according to Peter Drucker . Who the heck is Peter Drucker? And what is meant by globalization? Come on, see the full review below!
What is Globalization According to Peter Drucker? Check Out the Explanation Here!
Who is Peter Drucker?
Peter Drucker is a management expert and author known for his books on topics such as business, economics, politics and society. He was born in Austria in 1909 and died in the United States in 2005. He is considered the “father of modern management” because of his many contributions and influences in the field.
One of the concepts that he put forward was about globalization. According to Peter Drucker, globalization is an overarching term for the various processes that are at the heart of the global economy, namely the instantaneous spread of global communications, the rapid growth of international trade, and global financial markets (global corporate markets).
What Are the Characteristics of Globalization?
Globalization has several characteristics that we can see in everyday life, including:
There are advances in science and technology (IPTEK) that facilitate access to information and communication across countries.
There is economic openness (free market) that allows global trade without tariff and non-tariff barriers.
There is population migration that causes cultural exchange and the spread of universal values.
The existence of political integration involving cooperation between countries in solving global problems such as the environment, terrorism, human rights, etc.
Globalization has both positive and negative impacts on the world community. Here are some examples:
Positive impact
Increased economic welfare through free trade which can increase production, consumption, investment, employment and income.
Increasing public knowledge and awareness of various global issues through information and mass media.
Increasing tolerance and cultural diversity through social and cultural interactions between communities.
Increasing international cooperation and solidarity in dealing with global problems through international organizations such as the United Nations, ASEAN, etc.
Negative impact
Increasing economic inequality between developed and developing countries due to market domination by developed countries.
Increased social and cultural conflicts due to clashes of values between local culture and global culture.
Increased security threats due to terrorism, trade wars, cyber wars, etc.
Increasing environmental damage due to unsustainable exploitation of natural resources.
Conclusion
Globalization is a phenomenon that cannot be avoided in this modern era. Globalization has a broad and complex meaning, but in simple terms it can be interpreted as the process of unifying the world in various fields. Globalization has characteristics, driving factors, and impacts that we can feel in our daily lives. Globalization has positive and negative impacts that we must address wisely and critically.
Thus the article about the notion of globalization according to Peter Drucker . Hopefully this article is useful and adds to your insight. If you have questions or feedback, please write in the comments column below. Thank you and see you in the next article!
