The impact of the global arena on managers at all organizational levels

Globalization has made it necessary for most managers to become culturally sensitive to their managed groups. Technological innovations have redefined the workplace to mean not just the physical office, but all work-related aspects. Managers are advised to maintain a global mindset that is sensitive to the needs of the employees and the environment. Managers must also be open-minded to organizational change and new knowledge from others around the world.
'Now, we have moved beyond cross-border issues toward a world economy, supranational legal agreements, multi-sourced manufactured goods that have no real country-home, and 24-hour stock markets around the globe.... and [...]