IMPACT OF GLOBALIZATION ON ORGANIZATIONAL CULTURE IN MODERN ERA

There is no exact definition of ‘Globalization’ which can be termed as accepted across the globe and there is no definition which can state this completely. The reason behind this is that ‘Globalization’ as a term includes numbers of procedures, which are complex and has deep impact on different strata of society. This can be termed as an idea, a strategy of a value, a phenomenon or more than this in value of perception and understanding. ‘Globalization’ can be a part of this or all of this but one thing is for certain, that globalization raises an effect which has major impact on progress continuously and its effect is, most of the times irreversible. ‘Globalization’ in broader terms relate to the various economic and social transformation of mankind at present and a inclusive large scale of financial growth and flow which creates an impact on the monetary aspect of social interaction characteristics. According to various experts, on global scale we can ear mark various kinds of characteristics such as national economic activity and organization opening its branches in foreign countries by crossing the geographical border. In due process a global culture is adopted which interconnects both the host nation with the world outside and gives way for outstanding support in performance, visibility of organization and evaluation with passage of time. This study is focused towards all such processes which take place in an organization which has impact on organizational culture.