When I was one year old, my parents and I left our lives in New York City behind to move to Frankfurt, Germany. My father became an expat, a manager working for his company overseas. This experience is remarkably similar to the blog I read written by Kendall Tich from the University of San Diego. (Link: http://theusdvista.com/2013/09/17/the-importance-of-a-global-perspective/comment-page-1/#comment-82.) At age sixteen, Tich and his family became expats, as his father brought the family to Hong Kong to continue his business. It was my father’s experience nineteen years ago, similar to Tich’s, that has prompted me to be a Global Management major here at Bucknell.
One of the most meaningful quotes that Tich writes about in his blog concerns the nature of the global role of the manager: “For American businesses and businesspeople to truly succeed overseas, they must first have a global understanding and the knowledge and respect to interact with societies much different from their own.” When my father went to Germany, he had no idea how to speak German, or what German business or cultural practices were. He had to encompass an understanding and appreciation of this German culture in order to successfully manage while there. My Bucknell career so far as a Global Management major has tried to teach me this passion for global cultures to prepare me for an expat role at some point in my future. Next semester, I will be studying abroad in London, and hope to broaden my horizons of the world and its cultures even more.
It is truly a global world that we live in. Most corporations are almost forced to go global at some point in order to keep up with competitors. If a company stays local, eventually global companies that can use a more efficient supply chain and charge lower prices may steal away business. Wal-Mart adopted this strategy, and by expanding across the globe, it is able to price its goods slightly above cost, making it the cheapest option to buy food or other necessities. I recently read an article in The Consumerist about just this: at certain Wal-Mart stores that can sell beer, Wal-Mart is selling cases of beer for just .06% above cost. (Link: http://consumerist.com/2013/09/17/report-walmart-selling-beer-at-cost-in-some-areas/.) No doubt, being a global company is what allows Wal-Mart to charge at these low prices. Hopefully, the PA liquor laws do not change anytime soon. Otherwise, look out Beer Barn!