Slide 1Development of a Global Economy-FlattenersThe Triple Convergence ()•Best Selling Book from N.Y. Times Author Tom Friedman.•Discusses how politics, technology and business reengineering have fueled globalization•Video Friedman’s short explanation •Expanded Version MIT Video•For a more comprehensive look at the ideas in the book see this video listed on your resources list from MIT. Slides from Prof. Richard BurkhardDevelopment of a Global Economy-FlattenersBusiness PracticesWorkflow SoftwareWorkflow SoftwareNetscapeBrowserNetscapeBrowserFall of Berlin WallFall of Berlin WallEconomic / PoliticalTechnology DevelopmentOpen SourcingOpen SourcingOutsourcingOutsourcingOff ShoringOff ShoringSupply ChainingSupply ChainingIn-formingIn-formingIn-SourcingIn-SourcingThe SteroidsThe Steroids• World Market Economies• New Labor/Consumers• Also MS Windows Shipped• Internet Open Standards • DotCom Boom/Bust• Supply of Fiber-Optic Cable• Software/System standards • Computer to Computer communication• Global Platform forCollaboration• Business Partner Connections• Efficient connections• Both Consumer/Business• Collaboration • Services Outsourced • Most Cost Effective Source• Collaborative Development• Accessible to All/Free• Linux, Apache• Manufacturing• Most Cost Effective Source•Movement outside country • New Products/Services • Outsourcers go inside• UPS Repair• Free Flow of Information• Changes Access to the World• Google and Search• Mobile Devices. VOIP, File Sharing• Communication Ubiquity• Applications anytime/anywhereGame ChangersForms of CollaborationAccelerators of FlatteningThe Triple Convergence (Did You Know Video)The Flattened World – Global Economy 3.0Convergence III • India, China, Soviet Union came in the world market• Distractions: 9/11, Enron, Dot.Com Bust• Competition based on education, innovation, risk taking Convergence III • India, China, Soviet Union came in the world market• Distractions: 9/11, Enron, Dot.Com Bust• Competition based on education, innovation, risk taking Convergence I • Until Yr 2000 – Flattners were independent• Flatners started to work together and fed each other• A web platform for multiple forms of sharing knowledge and workwas formed irrespective of time, distance, geography, and languageConvergence I • Until Yr 2000 – Flattners were independent• Flatners started to work together and fed each other• A web platform for multiple forms of sharing knowledge and workwas formed irrespective of time, distance, geography, and languageConvergence II• Horizontalizing of life (work and play)• Changing work and practices to adapt to the platform Convergence II• Horizontalizing of life (work and play)• Changing work and practices to adapt to the
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