‘Glocalization’ in a post-COVID-19 world

The COVID-19 crisis has shown in manifold ways how vulnerable our economy and society are. Globalization, for instance, has resulted in a very few global supply chain hubs, which control most of the global movements of goods and materials. Relying only on such a few global supply chain hubs creates significant bottlenecks in the event of a global supply chain shock and risks substantial disruptions to the global value chain network with potentially catastrophic consequences for the world economy.

My colleagues Arijit Paul, PhD, and Prof. Rupert Baumgartner and I, we delineated some ideas of how Glocalization opposed to Globalization could offer potential future solutions to these existing challenges in a blog post published by ONE division/Academy of Management. This blog post can be accessed here: Link

Furthermore, you can listen to a 15 minute podcast episode in which Arijit and I explain the basic logic of Glocalization: "Hör-Saal: 15 Minuten Forschung #15: Was kann Glokalisierung"

 

Enjoy reading and listening!

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