Professional Documents
Culture Documents
The World Is Flat
The World Is Flat
The 10 Flatteners
1.Collapse of the Berlin Wall 2. Netscape 3. Worklow Software 4. Outsorcing 5. Offshoring 6. Open Source 7. Supply-Chaining 8. Insourcing 9. In-Forming 10. The Steriods
The end of the Cold War. It became a symbol for a global shift towards democratic governments and free-market economies
Friedman explained the impact of the Windows powered PCs on the ability of individuals to create their own content and be connected to one another
Netscape and the World Wide Web broadened the audience for the Internet and made it accessible to everyone.
This means the ability of machines to talk to other machines with no humans involved. It also. This also enables workers to access and manipulate everyone elses contributions as they are being produced. Moreover, they can do this in different locations to collaborate efciently.
Outsourcing has allowed companies to subcontract service and manufacturing activities where it can be done the most efcient and cost-effective manner.
Offshoring is when a company relocates its production from its home country to another country, where it can be done with cheaper labor, lower taxes, subsidized energy, and lower health-care costs.
Supply-chaining is increasing the connections between a companys suppliers, retailers, and customers. Walmart is the best example of a company that has streamlined its sales, distribution and shipping.
Insourcing is hiring another company to handle your supply chain. For example, UPS handles all the routing and scheduling of Papa Johns supply trucks and all repairs of Toshiba laptops. By contracting with UPS, these companies gain some of the competitive advantage that Wal-Mart has achieved through its supply-chain.
Insourcing attens the world in three ways: it enables small companies to compete in the global arena, it eradicates the barriers between companies (UPS is often so far inside its client companies that it is difcult to separate them), and it increases the standardization of business practices across companies and around the world.
Never before in the history of the planet have so many people on their own had the ability to nd so much information about so many things and about so many other people, Friedman points out how readily available information has become thru search engines like Google.
In-forming is the ability to build and deploy your own personal supply chain - a supply chain of information, knowledge, and entertainment. It is empowering the individual to become his own researcher, editor, and selector of entertainment without having to go through the traditional means of gathering information (library, media)
Anything that enhances all the other atteners such as wireless devices, voice over internet, and le sharing.
There is one thing that ha not and can never be commoditized and that is Imagination. The individual has now become very powerful and there is a need more than ever to stimulate positive imagination.
Tuesday, January 22, 13
Small Businesses can now easily compete with Large Companies Its easy to go global!
Small Businesses can now easily compete with Large Companies Its easy to go global!
Small Businesses can now easily compete with Large Companies Its easy to go global! Theres a larger market out there.
Small Businesses can now easily compete with Large Companies Its easy to go global! Theres a larger market out there.
The ideal country in a at world is the one with no natural resources, because countries with no natural resources tend to dig inside themselves. They try to tap the energy, entrepreneurship, creativity, and intelligence of their own people-men and women-rather than drill an oil well.
END
Date