The Age Of Global Business Networks

The Age Of Global Business Networks Obviously, business networks have tremendously changed through the ages. The world has become global and business networks have kept expanding over the years and centuries. In fact, business networks used to be very small, even non-existent a few centuries ago. In former societies, businesses were not as developed as
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The Age Of Global Business Networks

Obviously, business networks have tremendously changed through the ages. The world has become global and business networks have kept expanding over the years and centuries.

In fact, business networks used to be very small, even non-existent a few centuries ago. In former societies, businesses were not as developed as they are nowadays and we can say the same for the networks.

When talking about “business” started to become relevant in organizations, it was still on the premises step and “network” was still an anachronism.

Enterprises and businesses were first limited to a few numbers of transactions and very few interactions. At that time, interactions only linked two people or not much more.

Over the centuries, businesses started to expand and transactions were more and more numerous. Besides, more transactions involve more interactions between businesses and the people who are part of it.

This is how business network appeared.

What Is The Age Of Global Business Networks?

Relationships are built between companies. They can share resources, knowledge or even other relationships. Companies have to build a cooperative network in order to face competition, and not to be left behind on their market.

In fact, business network is the first key step, which can help your business achieve good results and success. No business can be successful without an efficient and well-managed business network.

Entrepreneurs used not to think (and some still don’t) about their network. When implementing a business, people focus on what they will sell, for what price, etc.

However, the first thing they should think about is their network, especially in today’s society. In effect, business networks have become crucial for companies.

Moreover, that is not all; we are now living in a global business world, and companies must think consequently.

Nowadays, companies interact all over the world and that is the reason why career networks become global. In fact, they have to become global.

Considering globalization, it is impossible for a company to success in a global market, without building global relationships. Competitors would be so far before you that it would not be possible ever to catch up.

This global career world pushes managers and directors to think quickly and make decisions faster than they used to.

Why Does It Have To Be The Age Of Global Business Networks?

In today’s globalized world, companies have to deal with global issues, global customers, and global suppliers. Thus, a global career network is essential but it is even unwitting.

Companies can also not be realizing their network is becoming global. However, if their network does not become global, they will certainly realize it, so fast will be their failure.

Therefore, global markets involve global career networks that will provide your career partners all over the world and numerous opportunities for improvement and success.

Group actions often provide better results than one actor alone. Consequently, worldwide career networks will provide your company with more resources and more know-how to lead your career to success.

Through a worldwide career network, your company will benefit from “multi-system” interests that will help create more value than one company alone.

To conclude, your worldwide career network is key to many issues you could encounter and you must do whatever it takes to expand it more you can.

Most important and effective your worldwide network, more successful your career. We have entered into era of worldwide career Networks.

Nowadays, this is most important thing you should think about for your career . It is more important than you career infrastructure that is rigid and fixed.

Your career network, on other hand, is evolutionary, flexible and revenue accruing, and more than that if it is a worldwide one.

 You can learn more about the importance of worldwide career Networks today by reading Vivek Sood’s book, 5-STAR Business Network (http://bit.ly/5-STARBN), which will give you an amazing overview of insights of his work. by Anais Lelong

For more information check out our website https://globalscgroup.com/

The Age Of Global Business Networks
The Age Of Global Business Networks

Vivek Sood: Sydney based managing director of Global Supply Chain Group, a strategy consultancy specializing in supply chains. More information on Vivek is available on www.linkedin.com/in/vivek and more information on Global Supply Chain Group is available www.globalscgroup.com 

Vivek is the Managing Director of Global Supply Chain Group, a boutique strategy consulting firm specialising in Supply Chain Strategies, and headquartered in Sydney, Australia . He has over 24 years of experience in strategic transformations and operational excellence within global supply chains. Prior to co-founding Global Supply Chain Group in January 2000, Vivek was a management consultant with top-tier strategy consulting firm Booz Allen & Hamilton.

Vivek provides strategic operations and supply chain advice to boards and senior management of global corporations, private equity groups and other stakeholders in a range of industries including FMCG, food, shipping, logistics, manufacturing, chemicals, mining, agribusiness, construction materials, explosives, airlines and electricity utilities.

Vivek has served world-wide corporations in nearly 500 small and large projects on all continents with a variety of clients in many different industries. Most of projects have involved diagnostic, conceptualisation and transformation of supply chains – releasing significant amount of value for the business. His project work in supply chain management has added cumulative value in excess of $500M incorporating projects in major supply chain infrastructure investment decisions, profitable growth driven by global supply chain realignment, supply chain systems, negotiations and all other aspects of global supply chains.

Vivek has written a number of path breaking articles and commentaries that are published in several respected journals and magazines. Vivek has spoken at several supply chain conference, forums and workshops in various parts of the world. He has also conducted several strategic workshops on various aspects of supply chain management. He received his MBA with Distinction from the Australian Graduate School of Management in 1996 and prior to these studies spent 11 years in the Merchant Navy, rising from a Cadet to Master Mariner.

More information on Vivek is available on www.linkedin.com/in/vivek  and more information on Global Supply Chain Group is available on www.globalscgroup.com

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