FT: American executives turn away from globalisation towards a more localised world

Posted Posted in Employment, Globalisation, Localisation, Outsourcing, Procurement, Transport

Last month the Financial Times’ Gillian Tett met Inge Thulin, the Swedish-born chief executive of 3M, an American conglomerate at the Council on Foreign Relations in New York (below). She reports that – though 60% of its revenues and 40% of 3M’s workforce are outside American shores – Mr Thulin, when discussing corporate strategy, prefers to talk about “localisation”: “Our […]

Preston: building a new local economics

Posted Posted in City council, Co-operatives, Economics, Employee ownership, Local economies, Local government, Manufacturing, Mutuals, Outsourcing, Planning, Procurement, Reports, Transition

New Start magazine, which champions urban regeneration that is inclusive, sustainable and socially just, has reported on the work of CLES (Centre for Local Economic Strategies) with Preston City Council. Innovative Quinton councillor John Clancy, who has been to Preston to meet councillors there at a CLES conference, has already tweeted the New Start article. CLES is exploring how anchor […]

Outsourcing – or insourcing?

Posted Posted in Economy, Employment, Finance, Housing, Local government, Outsourcing, Politics, Procurement

The Centre for Local Economic Strategies (CLES) has some unwelcome news for the recently formed National Outsourcing Association.  The NOA hopes to become “the pre-eminent organisation in the UK that enables and promotes successful outsourcing for the benefit of end-users, suppliers and supporting intermediary organisations”. It will collaborate with banking, financial services and insurance companies, the public sector, retail, IT, […]