If you raise questions about that formulation, you are considered a bit of an antique. Its two founders focused their nonprofit on education because they had backgrounds in the field, and on e-books because one had connections in high-tech. And arbitrage or targeting differences along selected dimensions raises important issues ranging from building low-cost but adequate delivery structures for very-low-income countries to questions about the focus of social-sector initiatives on extreme deprivation, as opposed to on some other area for improvement. There is widespread belief not just that globalization is on the rise, but that it is already close to complete. Research on the determinants of cultural chauvinism and related fears does identify some apparent commonalities across countries— and some broad paths forward. And whereas there are many differences between countries, the seven variables highlighted in red in the table explain 70 to 90 percent of the variation in country-to-country flows of trade, capital, people, and information. That said, they often fail to consider the full range of strategy levers for dealing with the differences that matter the most in their industries:
Requiring some coordination of responses across borders, rather than simply sharing information about different types of possible responses, is the acid test for global problem solving. Map courtesy of Pankaj Ghemawat Similar patterns are evident for other kinds of international interactions. And finally, remembering that most individuals are still quite distrustful of foreigners leads to the de-biasing principle: Businesses and social enterprises should consider the following questions before expanding: So he looked at Facebook.
And arbitrage or targeting differences along selected dimensions raises important issues ranging from building low-cost but adequate delivery structures for very-low-income countries to questions about the focus of social-sector initiatives on extreme deprivation, as opposed to on some other area for improvement.
On the basis of these findings, several globl steps for building trust and reducing excess cultural fear can be undertaken. Having applied the framework to get a more realistic sense of the border-crossing and distance-bridging challenges your effort faces, ask whether your organization or network is really the right one to pursue a particular opportunity—or whether it is better pursued through other means. Before tackling global initiatives, organizations should assess not only priorities but their own competence at handling tasks and be prepared to build cross-border trust and reduce biases.
Not every global problem needs coordination across national borders, and many issues are, in globalloney, tackled most effectively at the national or local level.
Global Problem Solving Without the Globaloney
Map courtesy of Pankaj Ghemawat. Want to speak at TED? The Devolution Principle Not all the issues raised at Rio required the powers of global problem solving as opposed to global exhortation. To be a bit less stringent and a bit more practical, a social enterprise might not be the best in the world at what it does or aims to do, but it does have to be—or have plans to become—pretty good in the relevant respects.
In keeping with the distance-directedness principle, the challenge of building cross-border trust is likely to be different in, say, the Netherlands and Nepal, not the least because the former is already more than one hundred times as connected with the rest of the world than is the latter.
In figuring out how to build trust, it is also useful to note that much cross-cultural mistrust seems to be rooted in cultural insecurities. It turns out that the international component of these activities represents a small fraction—typically less than 20 percent and often less than 10 percent—of the total. Statistical studies suggest that moving from lower to higher levels of bilateral trust can increase trade, direct investment, portfolio investment, and venture capital investment by percent or more, even after controlling for other characteristics of the two countries.
Globalization and Globaloney: Pankaj Ghemawat at TEDGlobal 2012
What percentage of what is traded nationally includes imported components, including raw materials? Consider a social innovation that has stirred up considerable interest recently: Can the Grameen Foundation, the hugely successful pioneer of microlending in Bangladesh, identify important common social needs that cut across or aggregate segments in poor countries that it can effectively help meet? Globaloney has many negative consequences.
Only for a few—mostly financial7—variables do internationalization levels exceed 30 percent—and even that threshold still embodies a huge amount of home bias.
Global Problem Solving Without the Globaloney
Without those plans, the adage by Kenneth Andrews, who wrote the classic text on business strategy, applies: Select solvimg structure initiatives so as to add value. He is the author of numerous books, including Redefining Global Strategy and World 3.
Consider, for instance, the Rio process orchestrated by the United Nations. And finally, remembering that most individuals are still quite distrustful of foreigners leads to the de-biasing principle: To support and lead on global initiatives, people do need accurate assessments of the many connections.
So he looked at Facebook. globaooney
Most social enterprises do not measure their performance by undertaking this sort of cost-benefit analysis. He proposes a system for g,obaloney problems: Focus the agenda for global problem solving. Just how global are we really?
Instead of being randomly distributed, these flows often have a regional structure. Wjthout financial flows actually dropped ylobal in the aftermath of the financial crisis, it is probably more accurate to describe the current trend as increasing fragmentation, not increasing integration.
The extent to which an individual participates in the network of global economic, social, and cultural relations and of inclusive social identification with the world community seems important. The first principle, devolution, emphasizes that not everything needs international coordination.
Sorry, your blog cannot share posts by email. The broader point is that a problem needs to be more than globally widespread to be a candidate for global solutions that go beyond simple information-sharing.
It is not just pollutants that obey the law of distance.