Dr. Maurice Roussety, Globalization in The Business World
Globalization is one of the hottest topics in our modern world. Mostly thanks to the recent advances of science and technology, the world is becoming flatter than ever before. We have cell phones, laptops, and other devices that connect us to the internet regardless of time and location. This enables us to connect with people around the world instantaneously, and has had a huge impact on every level of society. One of the biggest impacts that the advancement of science and technology has had is on the world of business. Previously, large-scale international business was difficult to achieve because of restrictions in communication, not to mention the physical difference between countries. Now, however, employees are able to telecommute, email, and text message their coworkers day or night. This has created a global economy and market for business that has changed the way companies compete with one another.
For Dr. Maurice Roussety, preparing business for globalization is a large part of his work as a consultant, speaker, and financial and marketing expert. Having studied Economics and Accounting at Monash University, Dr. Roussety quickly realized that he was fascinated with the way that businesses operated on a large scale. He decided to continue his education, first at the University of New England in New South Wales where he received a Masters of Business Administration, and then later at Griffith University in Queensland, where he received his Ph.D. in intellectual property and franchise-business valuation.
The biggest challenge that globalization has created is the issue of oversaturation. There are simply too many businesses competing in the same markets these days. Everyone remembers the late 90s and early 2000s when businesses seemed to pop up overnight. Now, however, the idea of creating a startup in this globalized economy is not something that experts like Dr. Maurice Roussety encourage. Rather, other areas of industry are taking off once again. In particular, franchising has resurfaced as one of the most secure ways to become a business owner.
For example, franchises, according to Dr. Roussety, are booming. In Australia alone, franchises generate revenues in excess of $144 billion and directly employ more than 460,000 Australians through over a thousand franchise systems. They are arguably the best avenues for breaking into the business world for modern professionals. For more information about Maurice Roussety, visiting his website or sign up for one of his many informational seminars today.