ABOUT BUSINESS TODAY
Business Today is a 501(c)3 nonprofit organization founded by Steve Forbes in 1968. For the past 50 years, our goal has been to bridge the gap between influential business leaders, from all industries, and top undergraduate students from across the world. BT creates a dynamic forum in which students from all backgrounds can be educated and inspired.
THE 2019 IC THEME:THE NEW ERA OF GLOBALIZATION
Since the beginning of time, humans have sought to globalize, constantly looking to settle new territories and trade with neighbors. The Silk Road was a perfect example of an early form of globalization: countries jockeying to develop influence and interact with one other. Following World War II, globalization has inextricably intertwined the world’s major economies with international trade, the rise of multinational corporations, and the surge of international investments. More recently, however, globalization has slowed as international trade has plateaued, global GDP growth has slid to the single digits, and nationalist sentiments have taken hold worldwide.
But globalization is not over: instead, it is undergoing a fascinating redefinition. The World Economic Forum, McKinsey & Company Global Institute, and Boston Consulting Group Henderson Institute have all begun to examine this new phase of globalization. With the fourth industrial revolution at its helm, the world’s digital integration will be defined by data and information flow serving as the new form of global trade.
Business Today’s 45th International Conference seeks to explore the impact of this new wave of globalization on affected businesses and industries worldwide. Over our three day conference, we will examine issues ranging from the impact of this changing globalization on the service sector to how global digitization expands market opportunities for small companies and developing countries. How will digital platforms change the organizational structure of businesses? Do businesses have the innovative strategies necessary to compete in this new wave of globalization? How will professional and service-sector workers be affected? At the 45th International Conference, we aspire to facilitate the thoughtful and open exchange between students and executives necessary to engage with the approaching transformation.