Sunday, June 19, 2005

Friedman's 10 Great Levelers

Going through a lot of old mags and clippings today...

With that said, I came across this article by Daniel Pink from last month's May Wired Magazine...Check it out here at Wired.com...Pink interviews globalization guru and NYTimes foreign affairs columnist, Thomas Friedman, upon the effects of globalization and Friedman's new book "The World is Flat: A Brief History of the Twenty-First Century."

I'm shoring up on Friedman's stuff...This three-time Pulitzer award winner has a lot to say. Especially, when the subject falls upon where corporate business and social climates are heading in the future.

In particluar, I'm on the side of his "McDonald's Theory of Conflict Prevention "that states no two countries that have McDonald's chains will go to war with each other. However, I like how he has pinpointed these ten occurrences as "The Great Levelers" that are contributing to "flatism" in the world.

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 Software - The rise of apps from PayPal to VPNs enbabled faster, closer coordination among far-flung employees.

4.) Open-Sourcing - Self-organizing communities, a 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- Changing - Robust netowrks 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 evertyone 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.

I'm more and more interested with what Friedman's writing these days, and I will check out his new book. Check back with me more about "flatism."

Coming at ya' globally,
IronDog

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