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Success Parameters in the Age of Globaliastion
Rishi Sonwal
Mar 2010
Mar 2010
There are different ways to define globalisation. Some say the spread of businesses across the globe and breaking down of boundaries between nations, while others say at a mere basic level, the increased level of communication among people and an ability to relate or connect with people from different cultures or countries. Whatever definitions you follow, commerce has a pivotal role to play in our march towards a truly global world.
Just a decade back, outsourcing and accessing information on the Internet was something unimaginable and unheard of. In contrast, now we are living in a world where people can easily access any kind of information at the click of a button, and outsourcing of jobs to Asia is more the norms rather than an exception. In fact, some Indian players who have logged outsourcing contracts are now looking at the possibility of further outsourcing parts of their work to third-party players, either in India or in other countries.
On the manufacturing front too, the various components of computers are manufactured in about two dozen different countries, majority of which are from Asia, though many of the involved companies are the subsidiaries of western multinationals.
In a world that is quickly breaking down barriers and is changing the very definition of boundaries, we need to take stock of the implications of such a scenario on business and commerce. So, what could be the areas of concern?
Security Checks
Availability, integrity and confidentiality of information are of paramount importance these days. In the changed global scenario, post 9/11, there has been a growing fear of important and confidential data (from the national security point of view) falling into terrorists' hands. Government and other top, concerned bodies need to ensure that the entities they deal with are equally aware about this. How can an organisation take care of its assets? Even more important is how a company ensures that ether entities, it is dealing with, can be trusted and is equally aware of security issues.
Apart from security checks, business implements appropriate systems and procedures. More or less on the same pattern, manufacturing processes are assigned ISO 9001:2000 certificates indicating the level of quality maintained. Similarly, an information security standard has been established by certain institutions.
Likewise, security is of vital importance to any business that uses a database management system, as they would collect, store and analyse millions of rows of data. With all responsibility, the database must enable administrators to grant and restrict access appropriately. And it must offer ways to keep unauthorised users from assessing classified data. Thus, securing of database should involve:
a. Prevention of unauthorised access to classified data.
b. Prevention of unauthorised users from maliciously deleting or tempering with data.
c. Monitoring user access of data through auditing techniques.
If businesses are able to ensure proper security checks, secure appropriate certification and provide adequate security cover to their database systems, and also ensure that the entities they are dealing with are similarly secured, they will be much better of in the present business situation.
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