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Managing the Risks of Globalization

October 3 , 2007
Speech delivered by Azim Premji, Chairman, Wipro Corporation at the ET Annual Awards - CEO Round Table.

 "I shall just talk from my experience, about three points, which I consider crucial in the context of managing globalization and its risks.

First, the fierce competition of globalization delivers better and cheaper services and goods to the common man. Once the common man gets a taste of this improvement in life it is impossible to deny it to him. So politicians and business people must accept and drive globalization completely – otherwise we will sow seeds of social unrest."