Foresight for smart globalization

Abstract

Purpose

The purpose of this paper is to present the concept of smart globalization and identify links with the Rockefeller Foundation's philanthropic activities in a number of areas, including health, climate change, urbanization, economic insecurities, and basic survival needs.

Design/methodology/approach

The paper addresses how a new conceptualization of globalization intersects with the field of foresight by describing the Rockefeller Foundation's approach to addressing complex issues of human development.

Findings

A forward looking research component is a valuable organizational structure that can add value by tracking and monitoring current and emerging trends relevant to the Foundation's strategic framework, operational initiatives, and areas of work.

Practical implications

The paper suggests a closer interaction of foresight and development experts and practitioners by suggesting that individuals in both disciplines need to work more closely together to coherently address the multitude, interlocking global challenges of the 21st century.

Originality/value

The paper introduces the notion of “smart globalization” to the foresight community and details how this mindset has influenced and directed the ongoing work of the Rockefeller Foundation.

Citation

Jhirad, D., Juech, C. and Michelson, E.S. (2009), "Foresight for smart globalization", Foresight, Vol. 11 No. 4, pp. 10-13. https://doi.org/10.1108/14636680910982403