Trading Places - How Globalisation Will Drive Future UK Competitiveness - Part Two

A barometer of the future health of the UK is the competitiveness of its resident business community. It is critical that businesses of all sizes continually review their operating models as globalisation gathers pace. As a result, UK business needs to fashion a new business model and operating processes. This change in agenda needs to be focused around three factors:

1. Building global and national networks.
2. Evaluating and optimising networks.
3. Owning and accelerating the mindset change.

Decisions to reshape operations by relocating business processes are increasingly driven by abundant pools of skills such as the surplus of engineering graduates in India, accountants in the Philippines or call centres in Scotland. UK business leaders recognise a new approach is required that rests on understanding what different locations around the world can offer. Discrete parts of