Strategy Session: How transparent should you be with your board? How do you boost morale in dark days? Is it time to blitzscale?

Backlash

The conversation between Reid Hoffman and Linda Rottenberg highlights the potential backlash against globalization in the post-COVID-19 era. Reid acknowledges that while there will be some resistance, the key is to harness the benefits of globalization and distribute them equitably. He emphasizes the need to address political turbulence by ensuring that all regions, including those less involved in globalization, can participate and benefit from it 1.

Globalization does create a lot of economic value and we need to make sure we're helping you participate and play the game with it.

--- Reid Hoffman

This approach aims to mitigate the downsides while continuing to leverage the upsides of globalization.

   

Supply Chains

Reid also discusses the importance of maintaining robust global supply chains amidst geopolitical tensions. He suggests that while globalization remains beneficial, it's crucial to ensure there are multiple supply chains distributed globally to handle crises effectively. This strategy involves having national infrastructures capable of dealing with essential needs during emergencies 1.

Let's try to make sure there's at least two or three in distributed areas around the world.

--- Reid Hoffman

By doing so, businesses can continue to thrive even when faced with political pressures against globalization.