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Product Lifecycle Management: An Information-Driven Approach to Globalization

By Cynthia Tomovic

Old Dominion University

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Abstract

The lowering of trade and political barriers and the exponential technical advances of the digital revolution has made it possible to do business instantaneously with billions of other people across the world. Globalization is driven by increasing scalability, complexity, quality of products and services, decreasing cycle times, decreasing costs, increasing revenue streams, regulatory changes, trade organizations, and individuals who have created innovative startups all over the world (but especially in India and China) who can compete--and win--not just for low-wage manufacturing and information labor but, increasingly, as desktop freelances, compete for the highest-end research and design work. The hypercompetitive global arena of the twenty-first century mandates that managers develop the knowledge and skills necessary to design and implement global strategies, to conduct effective cross-national interactions and to lead and manage daily operations on foreign soil. The purpose of these modules is to help participants gain leadership knowledge and “people skills,” the soft side of management, required to work effectively in today’s global environment.

Credits

Cynthia L. Tomovic, Ph.D.

Cite this work

Researchers should cite this work as follows:

  • Cynthia Tomovic (2010), "Product Lifecycle Management: An Information-Driven Approach to Globalization," http://globalhub.org/resources/2699.

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Lecture Number/Topic Online Lecture Video Lecture Notes Supplemental Material Suggested Exercises
1: Introduction to PLM 001_Introduction_to_PLM.pdf
Lecture Notes
In this module, Product Lifecycle Management is introduced as “an integrated, information-driven approach comprised of people, processes/practices, and technology to all aspects of a product’s …

2: Enviromental Drivers of PLM 002_Environmental__Drivers_of_PLM.pdf
Lecture Notes
Internal and external Environmental Drivers of PLM are considered. Cynthia L. Tomovic, Ph.D.

3: Impact of IT on Global Business and Leaders 003_Impact_of_IT_on_Global_Business_and_Leaders.pdf
Lecture Notes
Since there are many parallels between Product Lifecycle Management and Information Technology (IT), modules three through seven explore different facets of IT which are equally applicable to PLM. In …

4: IT and Outsourcing 004_IT_and_Outsourcing.pdf
Lecture Notes
IT and Outsourcing is addressed. Cynthia L. Tomovic, Ph.D.

5: E-Business 005_E_Business.pdf
Lecture Notes
The increasing emphasis on technology in global business transactions is considered. Cynthia L. Tomovic, Ph.D.

6: Impact of IT on Productivity Dell Inc Wal-Mart 006_Impact_of_IT_on_Productivity_Dell_Inc_Wal-Mart.pdf
Lecture Notes
The example of the impact of IT on productivity at Dell and Wal-Mart is considered in the context of supporting exponential growth of globalization. Cynthia L. Tomovic, Ph.D.

7: IT and Intellectual Property 007_IT_and_Intellectual_Property.pdf
Lecture Notes
The often confusing issues related to IT and intellectual property are presented. Cynthia L. Tomovic, Ph.D.

8: IT Impact on Governmental Control of Society 008_IT_Impact_on_Governmental_Control_of_Society.pdf
Lecture Notes
The impact of the "cat being out of the bag" is considered as different governments struggle with freedom of speech and government control.

9: Multinational Corporations and Trading Blocks 009_Multinational_Corporations_and_Trading_Blocks.pdf
Lecture Notes
In modules nine through eleven, the context of where and how multinational corporations work cross culturally are considered. In this chapter, multinational corporations are considered in light of …

10: Understanding the Role of Culture in Global Business 010_Understanding_the_Role_of_Culture_in_Global_Business.pdf
Lecture Notes
Culture is introduced as a framework in which to better understand the underpinnings of working across borders.

11: Impact of IT on Cultural Diffusion 011_Impact_of_IT_on_Cultural_Diffusion.pdf
Lecture Notes
The issues of whether IT supports cultural convergence versus divergence is debated.

12: Working Across Cultures China 012_Working_Across_Cultures_China.pdf
Lecture Notes
Issues related to working in China are presented.

13: Working Across Cultures India 013_Working_Across_Cultures_India.pdf
Lecture Notes
Issues related to working in India are presented.

14: Working Across National Regulations United States 014_Working_Across_National_Regulations_United_States.pdf
Lecture Notes
The impact of regulations on business operations are addressed via examples presented in the United States.

15: Working Across National Regulations Ireland 015_Working_Across_National_Regulations_Ireland.pdf
Lecture Notes
The impact of regulations on business operations are addressed via examples presented in Ireland.

16: PLM in Support of Green Manufacturing Pilot Research Study 016_PLM_in_Support_of_Green_Manufacturing_Pilot_Research_Study.pdf
Lecture Notes
In modules sixteen through twenty, current pilot studies of various PLM topics are presented. In this module, PLM in Support of Green Manufacturing is considered.

17: Visionary Leadership in Support of PLM 017_Visionary_Leadership_in_Support_of_PLM.pdf
Lecture Notes
Visionary Leadership in Support of Product Lifecycle Management, is presented.

18: PLM Impact on Cross Cultural Virtual Teams Pilot Research Study 018_PLM_Impact_on_Cross_Cultural_Virtual_Teams_Pilot_Research_Study.pdf
Lecture Notes
PLM Impact on Cross Cultural Virtual Teams, cross cultural issues related to working in a virtual team environment are discussed.

19: PLM Competency Model Pilot Research Study 019_PLM_Competency_Model_Pilot_Research_Study.pdf
Lecture Notes
PLM Competency Model, PLM is discussed in terms of driving curriculum changes in higher education as colleges and universities educate tomorrow’s workforce.

20: Measuring-the Impact of PLM Pilot Research Study 020_Measuring-the_Impact_of_PLM_Pilot_Research_Study.pdf
Lecture Notes
Measuring the Impact of PLM, PLM is discussed in terms of its impact on waste reduction and the reallocation of captured resources in support of new revenue streams.