Pankaj Ghemawat, a Professor at NYU’s Stern School of Business and a globalization expert, dives into the intricate world of strategic planning reshaped by globalization. He discusses how companies need to rethink supply chains and embrace localization following NAFTA. The conversation highlights public distrust towards large entities and sheds light on Walmart's impact on lower-income populations. Ghemawat also emphasizes India's growing potential in global trade while addressing the myths surrounding technology's role in overcoming trade barriers.