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Mr. & Mrs. Okla Basil Meade Jr.



Click here to view a 
suggested reading list on the topic of Globalization.

Mcintire Center for Growth Enterprises
The Mcintire Center for Financial Innovation
Center for the Management of Information Technology

Present
The Fifth Annual Spring Symposium

 Old Cabell Hall
The University of Virginia
April 23, 2004

Overview

In 2000, the McIntire School of Commerce at the University of Virginia initiated a series of symposia considering the complex nature and origins of organizational success. Previous symposia focused on the role of venture capital and private equity in creating and sustaining growth firms (2000), organizational factors facilitating the creation of “visionary” organizations (2001), the role of creative organizational processes leading to innovative strategies appropriate to mature industry settings (2002), and behavioral influences inhibiting successful investment and managerial decisions (2003).

Equally ambitious, this year’s program moves from a micro to a macro perspective considering the managerial implications of the most important revolution of our time—globalization. Accompanied by a historic expansion of world trade, the “triumph of markets” was imbedded in the unprecedented economic expansion of the 1990s. Alas, it was also marred by a series of major international financial crises and near meltdowns, risks that are now only beginning to be understood. Within that context, it also unleashed a highly acrimonious international debate that spread to the streets over globalization's alleged social costs, including income inequality and environmental externalities. Our 2004 program assesses globalization’s future directions as a base in considering strategic and leadership challenges faced by both business leaders and the educational process necessary to adequately prepare tomorrow’s leaders.

Considering the shape of things to come and its managerial implications is a risk-laden venture given the resulting rise in complexity associated with globalization—moreover, one burdened by value laden systems and culturally diverse perceptions of societal reality. Clearly, this year’s theme is not for the faint of heart; yet, its questions are as profound and intriguing as they are numerous. Have the changes inherent in the so-called market revolution happened faster than our ability to reflect upon and understand them? We believe this to be the case, and, hence, the imperative nature of the program for our School and its University.

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