Think Global, Act Local
The Jack Welch of the future cannot be like me. I spent my entire career in the United States. The next head of General Electric will be somebody who spent time in Bombay, in Hong Kong, in Buenos Aires. We have to send our best and brightest overseas and make sure they have the training that will allow them to be the global leaders who will make GE flourish in the future.
The phraser ‘Think globally, Act locally’ is widely used in various contexts. It means to have a global mindset by meeting local needs. It means growing globally by strengthening locally. It means taking a small segment, strengthening your position, consolidating it, and then growing globally. It also means that companies ...