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Think globally, act locally
Author(s) -
Kefalas A.G.
Publication year - 1998
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/(sici)1520-6874(199811/12)40:6<547::aid-tie3>3.0.co;2-f
Subject(s) - business , law and economics , economics
This article presents a conceptual framework for understanding the phenomenon of globalization and global mindset. Globalization is a phenomenon that permeated the entire human life on a worldwide basis: from the level of the individual to the world level. Technology, and especially Information Technology (IT), i.e., the combination of computers and telecommunications, made globalization feasible, while liberalization of the world's commercial and political regimes made it reality. The implications for business enterprises, and, for that matter, for any organized effort aimed at satisfying human needs, are indeed immense. The proposed framework calls for the development of people who (1) think globally and (2) act locally. These people see the entire world as their oyster and are able to adapt their global thinking to the local contexts. Neither of these attributes are innate to most people. Both are acquired attributes. Most of us can learn to think globally and act locally. © 1998 John Wiley & Sons, Inc.

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