Globalization is shaping our world: it’s expanding horizons as trade, technology and investment increasingly connect countries and companies around the globe; and it’s compressing time and distance as people and products move — and ideas spread — faster than ever before. Globalization magnifies opportunity and risk. It opens up new markets and creates opportunities for innovation. And it provides access to new sources of capital and wider pools of skilled employees. But at the same time, globalization has increased complexity. As organizations navigate new markets or encounter new competitors, the demands on them multiply | Global review 2010 U Ernst Younc Quality In Everything We Do Ernst Young Global review 2010 Chairman s letter 2 Chairman s Q A 4 01 Globalization 7 02 People 19 03 Entrepreneurship 29 Facts and figures .
