All content could now be digitized, shared remotely and reshaped. This overwhelming book succumbs to the very scope of its ambition and the topics it covers: globalization and technology. It appears that the extent to what can be outsourced is growing at a dramatic pace. A word of advice from Freidman: goods are traded, but services are consumed. It knows it must run faster than the fastest lion or it will be killed. Other basic tasks requiring little specialization or human interaction are prime candidates for outsourcing, where work is performed for a fraction of the cost. For these separate entities to communicate they needed interoperable software; this became possible with the rise of standards.
Politically and culturally retooled former Communist economies like India and China emerged to aggressively court foreign investment. . I would add here a teacher. Friedman For Your Information Bibliography Copyright Context Thomas L. While this same story is being played out in other areas such as China, Jet Blue has another philosophy. But in order for all this to occur, people need to realize that this is a crisis and a call to action needs to happen now. Dell Theory Late in the book, Friedman also discusses his Dell Theory of Conflict Prevention: ''No two countries that are both part of a major global supply chain, like Dell's, will ever fight a war against each other as long as they are both part of the same global supply chain.
Outsourcing these jobs, results in a much lower cost per employee and can help curb expenses these companies incur. Computer applications were no longer 'bought'. This should leave more time for personal contact with customers, but what is going to happen to the average accountant who does that grunt work now and rarely meets with clients? This brief overview of The World Is Flat: A Brief History of the Twenty-First Century tells you what you need to know—before or after you read Thomas L. The World is Flat by Thomas Friedman: Book Notes Summary All Content Copyright©TheBestNotes. While in Bangalore, Friedman quickly learned that this globalization of intellectual capital was occurring much quicker than he realized. As knowledge becomes more accessible Google can already be searched in 100 languages more people become empowered. This will revolutionize telecommunications because companies will no longer be able to charge for distance and time.
The pool of talent that India can offer a business is very highly qualified. Continuing to cite Wal-Mart, Friedman considers the costs and benefits of supply chains. Many of these companies are seeing patents awarded to these units located outside of Western nations. In Japan, you can get uninterrupted wireless internet service on your computer or cell phone while traveling on the bullet train at 150 mph. It also shifted much of the world from centrally planned economies to democratic free-market oriented governments. The World Is Flat 3. In chapter two, Friedman argues that there are primarily ten forces that flattened the world.
Prices of goods and services fell. It is now software leading the change, not horsepower or hardware. Crafted and edited with care, Worth Books set the standard for quality and give you the tools you need to be a well-informed reader. Online Study Guide: The World is Flat by Thomas L. An interesting company in India that draws from that pool of talent is B2K that sells a remote executive assistant to busy global executives. Essentially Friedman describes two phases in Internet and World Wide Web technology, which he differentiates.
During the 1990s the economies and political systems of China, India, Russia, Eastern Europe, Latin America, and Central Asia opened up in such a way that the citizens of these nations were able to join the free-market game. The sixth flattener is offshoring. We are entering a phase where just about everything can be digitized, virtualized, and automated. It was at the top of its field and even boasted that it could d o extraordinary things with average people. After all, Friedman contends that Globalization 3. What kind of impact did Roe v.
For example, during hurricane, Florida Wal-Mart stores stock more beer, pop tarts, and kid's games that don't require electricity. Users were able to design, display, manage and collaborate on projects and share data that was once handled manually and locally. When the sun comes up, you better start running. You make a decent living reading x-rays for several large orthopedic practices. This globalization stage is going to be driven more and more by non-western people. An expanded and revised version was published in hardcover in April 2006. It is the current state of affairs and decisions need to be made now in orde r to and co mpetitive.
For this response, Friedman calls out to two distinct groups to make these ch anges. Localized and anchored -- jobs done at a specific location, involving face-to-face personalized contact or interaction with a customer, client, patient, colleague, or audience -- a barber, waitress, plumber, nurse, dentist, masseurs, repairmen, electrician, gardener, etc. Transmitting terror is easier in a flat world. Friedman tells the reader that the purpose of this book is to understand how the world became flat as well as the implications of that development. Advancements in data transmission made it possible for information to travel around the world in seconds. In this brilliant new book, the award-winning New York Times columnist Thomas Friedman demystifies the brave new world for readers, allowing them to make sense of the often bewildering global scene unfolding before their eyes. The World Is Flat shows how each of us has an undeniable stake in globalization.