This article summarizes a recent speech given by Dr. Fariborz Ghadar (F.G.) — author, researcher and leading authority on business trends — to an audience of Toronto’s senior HR leaders about long-term global business trends and their implications for corporate strategy, particularly as it relates to the HR function.
F.G. identifies the four major business strategies companies have traditionally used for global competitive positioning and the ways in which these traditional distinctions are blurring as companies strive to meet the needs of a changing marketplace. He also discusses the 12 global trends that will present the most formidable challenges to business leaders over the next 30 years, and the increasingly prominent role that the HR function must play if companies are to tackle these challenges successfully.
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