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Industrial competitiveness could be achieved through policies reforms favoring globalization process. The reality, however, is two-folded. Initially, government policies restrict globalization and impose barriers to trade, restrict social and political activities. Structural reforms become inevitable to remain in the competition. Local resources, human capital, infrastructure, education and health facilities should be transformed. It is done through deploying a flexible structure that is adapting social, political and economic changes coming from the globalization process in order to make the local industry competitive. This paper argues that beneficiaries of globalization earn this status through strategizing and processing their resources into a competitive position. This gap is covered by empirically investigating the U-shaped relationship between globalization and competitiveness. Furthermore, categorizing the selected countries into under or over globalized nations.

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Traditional management education discourse is in crisis. It does not prepare students to face real world complexities and challenges because it is devoid of context and historicity and localness. It focuses narrowly on the means and not ends of managing and organizing. To address these glaring and gaping fissures between concepts and reality. This paper utilizes Mezirow’s theory of transformative learning approach in management education so that the future managers are on course for individual transformation. Later developments in the transformative learning theory connecting it with extra-rational thinking, multiple ways of knowing and critically evaluating social dynamics are also incorporated so that the individual transformation leads to more broader collective transformation. The discursive interplay between texts, actions and discourses are captured in the proposed Wholistic Management Education (WME) model. The model’s validity and its relation with Discourse Analysis and Critical Discourse Analysis are briefly discussed along with future research directions.