Emerging Markets and Globalization: Implications for Organizations

In a world experiencing ever-increasing access to technology, and whose citizens are living in the midst of an evolving global landscape, industrial and organizational (I-O) psychologists have begun to recognize the glaring lack of audibility of I-O psychology in discussions surrounding global marketplace issues. Although economists in particular have been quick to proclaim the prevalent aspects of emerging markets, I-O psychologists have maintained a quiet, if not absent, stance on the world stage. However, as the marketplace continues to change, and the world continues to become a smaller place, I-O psychology is uniquely suited to facilitate the changing requirements of organizational globalization.

From an economic perspective, emerging markets are those societies and countries that are either moving toward or away from a developed marketplace. Further, most ...