The common term “Think Global, Act Local” is originated from management and organizational behavior research. The theoretical concept underlines this popular term is still applicable in business world. The globalization, regional connection and corporate networking are the main driving force for organizations to sharpen leadership quality and practice. In the era of digital transformation, availability of data and information have no limit for managers to use for decision making. Nevertheless, they are vital for decisions meant for life and death of organizations. Businesses have become more transboundary because of the globally-connected digital platforms and business management solutions to cope with diverse groups of customers.
Many business entities are being multi-nationalized and they increasingly leverage competitiveness by joint venture, partnership and franchising. Management leaders and change managers play very important role in not only day-to-day operation but also foreseeing new prospects, and responding to rapid changes of market landscapes. The managers and business unit leaders will require new tools that help them to make sense of global picture of businesses, and to use data for business management. The management talent will depend on ability to think thorough and act fast. The increased ability of the managers to connect all meaningful dots enhance ability to create new solutions for managing business.
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