Today, local economies are being destroyed by the "pluralistic," displaced, global economy, which has no respect for what works in a locality. The global economy is built on the principle that one place can be exploited, even destroyed, for the sake of another place.
The CEO has to think long-term and needs to understand the way public and private sectors are coming together and work constructively within that framework. CEOs need to make the phrase "think global and act local" more than a cliche?
Most apparent conspiracies result from consistent local self-interest with no need for global coordination.
Top managers are always slow to point the finger of responsibility at headquarters or at themselves. When global faults have local symptoms, they will be slower still. When taking corrective action means a full, zero-based review of all systems, skills and structures, their speed will decrease even further. And when their commitment to acting globally is itself far from complete, any motion is unlikely.
Seamus Heaney is no more Irish than that other poet of the local, universal and eternal, James Joyce. Both men think locally and globally.
Anybody interested in solving, rather than profiting from, the problems of food production and distribution will see that in the long run the safest food supply is a local food supply, not a supply that is dependent on a global economy. Nations and regions within nations must be left free — and should be encouraged — to develop the local food economies that best suit local needs and local conditions.
Climate forecasts (projections) decades into the future have not demonstrated skill in forecasting local, regional, and global climate variables.
Think globally, act locally.
What is new today is not globalization as such—we are too late for that. Rather, what is unique to our times is the widespread awareness of global processes among increasingly fragmented populations. That awareness grows everywhere, largely because of the increase in both the size and the velocity of global flows. Capital, populations, and information move in much greater mass and at increasing speed. At the same time, most human beings continue to act locally.
Thus, we are witnessing the rise of what I call "a fragmented globality."
The people at the bottom do not have the larger, global view, but at the top they do not have the local view of all the details