There is a shift taking place in the global economy in the wake of Covid-19 and in response to increased geopolitical tensions. Supply chains are being rearranged, slowly but surely, as companies reevaluate their sourcing practices and aim for more resiliency. But how far will these changes go, and what will the new system look like?
What the Next Era of Globalization Will Look Like
A Q&A with Rana Foroohar, a columnist at the Financial Times.
November 03, 2022
HBR Staff; belterz/Getty Images; Unsplash
Summary.
Rana Forhoohar, a columnist at the Financial Times, makes the case for less global, more local supply chains. In her view, the last few decades of globalization hasn’t worked for most people. And more localized economies can provide more resilience, more sustainability, and less inequality.
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Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to overcome barriers when working globally.