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Transcript of LEE SPITZLEY AND RICH YUEH A summary of The World is Flat: A Brief History of the Twenty-First...
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LEE SPITZLEY AND RICH YUEH
A summary of The World is Flat: A Brief History of the Twenty-First Century, by Thomas Friedman
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Overview
How the world became flat Ten forces Triple convergence The great sorting out
America and the flat worldOther topicsDiscussion
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How the world became flat
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Introduction
Origins of Friedman’s inspirationInternational collaborationResearch style
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Ten flatteners
1. Fall of the Berlin Wall2. Netscape3. Workflow software4. Uploading5. Outsourcing Y2K
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Let’s Discuss
What psychological impacts resulted from the fall of the Berlin Wall? Removal of “barriers,” open global communication
What is a modern day “Berlin Wall?” Has it been removed? / How can it be removed?
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Ten flatteners
OffshoringSupply-chainingInsourcing
His term for domestic outsourcingIn-formingThe steroids
Mobile devices, not BALCO
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Let’s Discuss
Are “steroids” a modern day “Berlin Wall?”Can in-forming be a bad thing?
WebMD
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The triple convergence
Convergence 1: Workflow software integration
Convergence 2: Adjustment to technologyConvergence 3: New players
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What’s next?
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The great sorting out
Connect and collaborate“Horizontalization”International laws and barriersIntellectual property
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Let’s Discuss
Case examples Victor’s data collection CMI AVATAR
Qualitative research Interpretivism is creating knowledge about the
inferences people draw from and the meanings people ascribe to the words and actions of others
Phenomenon Horizontalization – all data has equal weight; qualities
are described, experiences are linked, full description is derived
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America and the flat world
Ricardo’s comparative advantageFree trade
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Other topics
The right kind of workThe value of educationSynthesize, explain, leverage, & adaptPassion for learning
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Let’s Conclude
ReflectAdaptLearn to learn
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General Discussion
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Discussion
Do you agree with his findings?What shortcomings does this book have?Research methods?
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Implications as researchers
Less than 10% of management research covers international management (Werner, 2002)
Competition from other researchers outside the US
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The influence on the US
Leamer (2007)
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What did Friedman miss?
Distance! Cultural
Less than 5% of phone calls are international Political and regulatory
Less than 10% of direct investment is international Ghemawat (2007) covers many differences and how to
adapt88% of Fortune 500 firms had at least 50% of
sales in their home regions (Rugman & Verbeke, 2004)
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References
Friedman, T. L. (2007). “The world is flat: A brief history of the twenty-first century.” 3rd ed. Picador, New York, NY.
Ghemawat, P. (2007). “Redefining global strategy: Crossing borders in a world where distances still matter.” Harvard Business School Publishing. Boston, Massachusetts.
Leamer, E. E. (2007). “A flat world, a level playing field, a small world after all, or none of the above? A review of Thomas L. Friedman’s The World is Flat.” Journal of Economic Literature 45(1): 83–126.
Rugman, A. M., and A. Verbeke. 2004. “A perspective on regional and global strategies of multinational enterprises.” Journal of International Business Studies 35(1): 3–18.
Werner, S. 2002. “Recent developments in international management research: A review of 20 top management journals.” Journal of Management 28(3): 277–305.