Globalisation & the convergence of
Professional Skills & Capacity building
Professional skills and
capacity building are mutually inclusive
Current
scenario:
ØThe globe has no corners -
In the words of Mr. Thomas Friedman, ‘the world has flattened”
ØGlobal convergence of
regulatory frameworks
ØConvergence of financial
markets
ØGradual convergence of
taxation policies
ØConvergence of accounting
standards
ØEmergence of
Open-sourcing; outsourcing; off-shoring; in-sourcing; synchronizing
global supply chains; combination of digital, mobile, personal,
and virtual technologies
ØResulting from the need
to/of:
ØConvergence of advanced
technologies, new ways of doing business, removal of economic and political
obstructions, rapid introduction of millions of young Chinese,
Indian, and East European professionals into the world economy
