Global connectivity in a world of disruptions

Abstract

Global connectivity represents a critical enabler of progress as it contributes to the exchange of goods, knowledge, and ideas across organizational and national borders. Technology- and human-based networks are the prime drivers of connectivity. The development of information and communication technologies, together with the movement of people across borders, has dramatically accelerated collaboration on a global scale, fostering innovation, cultural exchange, and economic prosperity. Yet, connectivity is a double-edged sword. The increasing interconnectedness of our world also uncovers the liability of global connections, which renders countries and organizations more vulnerable to disruptions, particularly under certain conditions. We discuss how different forms of connectivity face distinct threats when disruptions occur, depending on the source and predictability of such disruptions. A key pillar of our analysis is the focus on the complex interplay between human and technological factors in shaping our interconnected world and the implications for firms, especially multinational enterprises (MNEs). Carefully analyzing the composite portfolio of connectivity by balancing the technological and human factors is a core strategic requisite to ensure resilience and renewal for MNEs in a complex, interconnected world. We provide a more comprehensive perspective on global connectivity in the international business context to understand the complexities of disruptions. Building on a rich foundation, we offer an agenda outlining new avenues for future research to improve our collective understanding of global connectivity in a world of disruptions.