Share Your papers - Read others - free

Newsletter

English

Drama

Political Sci

Economics

Internet related

Articles

Philosophy

Business

Biology

Anthropology

History

Law

Religious

Poetry

Sociology

Humor

Film

Partners

MySpace Stuff
Funny Gas
RipCheats - Video Game Cheat Codes

Printable paper

Lined paper

Black lined paper

Light Blue lined paper

Blue Cornell note taking paper

Graph/grid paper

Black Graph paper

Green Graph paper

Blue Graph paper

Light Blue Graph paper

Light Grey Graph paper

Red Graph paper

The World is flat After all excutive summary Rate: 54321 Font size: | Category: Business | Posted By: admin | Rating:

The World is flat After all Thomas Friedman is an American writer who has a column in the New York Times. Friedman wrote a book called The World is Flat in 2005, which the “flatteners” which make the world flat are in this article. He has done numerous documentaries for the discovery channel all around the world on topics ranging from the Israeli and Palestinian conflicts, 911 and oil. Viewing the appendix you will find information on his other recent books as well as individuals quoted in this article. General idea Convergence of new technology – web and efficiency. In this article he discusses the convergence of all the flatteners, working together. Everything converges making communication and development around the world easier. All flatteners combined, working together gave power to new nations and allowed business around the world. All the flatteners combined in 2000, making the world a global collaborative economy. The main emphasis is on collaboration between economies. 3 Main stages of globalization: • Globalization 1.0: Columbus era (1492-1800) – The world isn’t as small, anything can be reached • Globalization 2.0: Computers (1800-2000) – New technology and the internet • Globalization 3.0: Technology increases, Spread of technology (2000-now) – new devices and cheaper technology making it easier for people to become part of globalization. The 10 flatteners 1: Fall of the Berlin wall – November 11, 1989 Allowed us to change perspective on freedom, giving hope for movement around countries. Microsoft released windows 3.0 shortly after the fall of the Berlin wall. Technology was growing which worked with the next event in 1995. 2: Netscape and fiber optic cables – August 9, 1995 The web browser opened the door for the internet and WebPages full of data. The dot-com boom which led to new fiber optic cables all around the world connecting new communities and giving them a chance to increase technology and industry. 3: Workflow software – connecting software All software applications, standards that could connect computers together to communicate. Such as Voice over IP (VoIP) – PayPal (payment software) – Office software. Creating more efficiency. 4: Outsourcing – sending work to India to save money India and other countries that offer low cost efficient work 5: Off shoring – Manufacturing in different countries Becoming more efficient and collaborating with countries such as china, allowing the country to manufacture goods at lower costs. 6: Open sourcing – Collaboration Self organizing communities, making new trains of thought, free and open. The push for better technology, software or product through peer review. 7: In-Sourcing – Partnering with companies to be more efficient Allowing logistics to be controlled by specialized logistic companies. For example, UPS handles Toshiba laptop repairs. A person in need for a Toshiba laptop repair can take it to the UPS store and they’ll take care of it all. 8: Supply chaining – Wal-Mart – Efficiently selling product, as in the case with Wal-Mart. Wal-Mart doesn’t make anything, they just do supply chaining. Also with Wal-Mart, their systems can tell when a product is sold and lets the manufacture know to produce more to keep products in the pipelines. 9: In-forming – New search engines and data available Search engines such as Google allowing data to be easily found and posted for others around the world to view. A site now that involves a great deal of collaboration would be Wikipedia, allowing anyone to edit anything, and allowing everyone to moderate. 10:The steroids – new tech devices allowing data anytime anywhere. Allows connectivity to data anywhere, via palm pilot, computer, Voice over IP etc. handheld devices that can allow you to do pretty much anything you need. Most impacted work Friedman has contributed. o The Lexus and the olive tree (1999) – Story is told through hundreds of anecdotes by Friedman himself – making it personal World is going through two struggles – the drive for prosperity and development of global economies. o Longitudes and attitudes (2002) – Discusses September 11, 2001 articles. o The world is flat (2005) – Discusses how the world has become a global economy and how efficient companies are becoming. o Weekly column for the New York Times. Key players in the article - o Craig Barrett – CEO of Intel – You don’t bring three billion people into the world economy overnight without huge consequences especially from these societies”… “with rich educational heritages” in regards to when China, India, Russia, Eastern Europe, Latin America and Central Asia joined the World Trade Organization and opening for free trade. o Christopher Columbus – explorer - Began the saying ‘world is round’ o Nandan Nilekani – Infosys CEO – Located in Bangalore able to communicate with all partners via video conference – “outsourcing is just one dimension of a much more fundamental thing happening today in the world”.. “what happened over the last years is that there was a massive investment in technology, especially in the bubble era, when hundreds of millions of dollars were invested in putting broadband connectivity around the world, undersea cables, all those things.”, in regards to how communication is easier and efficient. o Marc Andreessen - Co Founder of Netscape – Creator of the first internet browser – “That is why I am sure the next Napster is going to come out of left field. As a bioscience becomes more computational and less about wet labs and as all the genomic data becomes easily available on the internet, at some point you will be able to design vaccines on your laptop.”, in regards to how technology is available everywhere and anyone can make the next big product. o Dinakar Singh – Respectable hedge-fund manager on Wall Street – Before the fiber optic boom in India – “India had no resources and no infrastructure” o Amartya Sen – Nobel prize winning economist - “ the Berlin wall was not only a symbol of keeping people inside Germany; it was a way of preventing a kind of global view of our future,”, bringing the first flattener. o Craig Mundie – Chief technical officer at Microsoft – “it is the creation of this platform, with these unique attributes, that is the truly important sustainable breakthrough that made what you call the flattening of the world possible,” in regards to convergence of the flattening factors. o Carly Fiorina – former Hewlett-Packard CEO - Stated that the dot com boom was just “the end of the beginning”. o Rajesh Rao – young Indian entrepreneur - Started an electronic game company in Bangalore who now owns the rights to Charlie Chaplin’s image for mobile computer games. o Paul Romer – Stanford economist – In regards to our current situation being a crisis that won’t remain quiet for a long time, ''A crisis is a terrible thing to waste.''

Email to a friend | Aim to a friend | Print this page | Report