According to the latest Tweets from Maurice Roussety, worldwide growth is an exciting development. Dr. Maurice Antoine Roussety is a professional consultant and expert in business. He has an undergraduate degree in Economics and Accounting from Monash University, a Masters of Business Administration and Masters of Leadership from the University of New England in New South Wales, as well as a Ph.D. in Intellectual Property and Franchise Business Valuation from Griffith University in Queensland. He has studied business, leadership, and the global economy for decades, enabling him to consult with businesses around the world about their employee’s leadership abilities.
The number one change that we are experiencing in our global market is a resurgence of the franchising industry. In Australia alone, the franchise market generates revenues in excess of $144 billion and directly employs more than 460,000 Australians through over a thousand franchise systems. The reasons for this prominence in franchising are complicated, but it essentially boils down to the fact that the market is more competitive than ever before. This has turned many professionals away from starting their own businesses. Rather, they are taking on franchising, which already have an established client base, and therefore, a higher chance of succeeding.
For Dr. Maurice Roussety, the post digital economy is about taking these basic principles and applying them to a larger context. The same concepts apply to a small business and a multinational conglomerate. It does, however, become more challenging to lead large groups of diverse individuals.
It is hard to deny the fact that world appears to be shrinking. Of course, this isn’t a literal observation, but rather a comment on the rate at which humanity is increasing in population and the ways in which we are more interconnected than ever before. This globalization has been one of the major affects that the rise in the digital economy had in the late 20th century. As communication systems became more reliable and faster, they simultaneously became indispensable tools that people from all around the world use on a daily basis. Some people feel that this globalization and access to information is dangerous. But at the same time, even more people believe that the technology we have not only helps them in their personal lives, but also improves their professional lives as well. Business, more than any other industry, has benefit-ted from the impacts of globalization. New technologies make communication easier than ever before and allow businesses to establish offices around the world.