Why the World Is Flat, according to Thomas Friedman
by Chief Alchemist a.k.a Wiley Chin - October 23, 2005 Posted: 5:40:57 PM EDT

Here's an inspiring take at the unseen forces moulding our changing world. Posted here is a mind-provoking conversation between author Dan Pink of 'A Whole New World' and Globalization guru Thomas Friedman of 'The Lexus and the Olive Tree: Understanding Globalization' fame.

Thomas Friedman
Thomas Friedman, Image from wired.com

The playing field is being leveled, says globalization guru Thomas Friedman - from Shanghai to Silicon Valley, from al Qaeda to Wal-Mart. Here are the 10 key catalysts for Globalization Ver. 3.0.

  1. Fall of the Berlin Wall
    The events of November 9, 1989, tilted the worldwide balance of power toward democracies and free markets.

  2. Netscape IPO
    The August 9, 1995, offering sparked massive investment in fiber-optic cables.

  3. Work flow softwares
    The rise of apps from PayPal to VPNs enabled faster, closer coordination among far-flung employees.

  4. Open-sourcing
    Self-organizing communities, à la Linux, launched a collaborative revolution.

  5. Outsourcing
    Migrating business functions to India saved money and a third world economy.

  6. Offshoring
    Contract manufacturing elevated China to economic prominence.

  7. Supply-chaining
    Robust networks of suppliers, retailers, and customers increased business efficiency. See Wal-Mart.

  8. Insourcing
    Logistics giants took control of customer supply chains, helping mom-and-pop shops go global. See UPS and FedEx.

  9. In-forming
    Power searching allowed everyone to use the Internet as a 'personal supply chain of knowledge.' See Google.

  10. Wireless
    Like 'steroids,' wireless technologies pumped up collaboration, making it mobile and personal.

a. Read the full interview featured on <<Wired.com>>

b. Watch Thomas Friedman speaks at MIT about the <10 Flatteners of the World>.

c. Click <<here for Thomas Friedman's website >>.


0 Comment(s) Link to this blog

Post a Comment

Wiley Chin
Chief Alchemist
XiMnet Malaysia Sdn. Bhd.

An alchemist of the Internet and marketing strategies, leading the charge to put our creative and software talents into serving companies who are out to slay the global giants. Also known as Chief of Caffeine Consumption and hallucinates between projects. Yes, that accounts for his “giant slaying” stuff.

View complete profile >>
Digital Alchemy has a New Home!
The story behind SpaceM, an online store for men's grooming needs
Our web business software system, XTOPIA is here!
The pain of self-prescribing and Web Design Agency
PV yourself forward
Had a blast at MyGopeng Resort!
A mighty tree
Fabulous POST IT Stop-Motion Animation
Keep pace
January 2011
November 2010
August 2010
November 2009
September 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
Confessions of an Economic Hit Man by John Perkins
There is enough on earth for everybody's need, but not for everyone's greed ~ Gandhi
Writings on design & culture.

    Copyright @ 2004 XiMnet (M) Sdn. Bhd. A Web Design, Multimedia Design and Web Application Development Company