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The World is Flat slide Thomas Friedman

The World is FLAT
Thomas L. Friedman
Published: 2005


Reviewer
 Vũ Minh Phương
 Student ID: KT44C -090-1721


Outline
I. General introduction
II. The main content of the book:
III.Comment about the book
IV.Contact my self and apply it practically


I. General introduction
I.1. Author: Thomas L. Friedman
I.2. The book: The world is flat



I.1. Author: Thomas L. Friedman
Thomas L. Friedman:
• Born July 20, 1953
• Is an American political commentator and
author
• Served as a Foreign Affairs columnist for
New York Times
• Became famous for coverage of ArabIsraeli conflict
• Three time Pulitzer Prize winner
• Famous book: The Lexus and the Olive
Tree, The Worls is Flat


I.2. The book: The world is flat
• First released in 2005, was later released as an
"updated and expanded" edition in 2006, and
was yet again released with additional updates
in 2007 as "further updated and expanded:
Release 3.0".
• Won the inaugural Financial Times and
Goldman Sachs Business Book of the Year
Award in 2005.It is an international best-selling
book.
• The world is flat: A Brief History of the TwentyFirst Century.


II. The main content of the book
The book has 6 parts:
II.1. How the world became flat
II.2. America and the flat world. America and free trade
II.3. Developing countries and the flat world
II.4. Companies and the flat world
II.5. Geopolitics and the flat world
II.6. Conclusion: Imagination


II.1. How the world became flat
While I Was Sleeping
The Ten Forces That Flattened the World


The Triple Convergence
The Great Sorting Out


While I Was Sleeping
• A visit to Infosys Technologies Ltd leaves
Friedman in wonder at the massive
conferencing system they have created that
allows people from around the globe to
congregate and collaborate in one giant room
via satellite and teleconferencing technology.
• As Friedman travels through Japan, China and
back to America, we study various examples of
the business outsourcing phenomenon and its
impact, positive and negative, on the players
involved.


The Ten Forces That Flattened the World
• Collapse of Berlin
Wall(11/09/1989): The event not
only symbolized the end of the
Cold war, it allowed people from
other side of the wall to join the
economic mainstream.


The Ten Forces That Flattened the World
• World Wide Web and the Internet:
Users can now save, retrieve, send
and share intellectual content
electronically and instantly. The
internet created a platform for
connectivity and the web made
information sharing possible.


The Ten Forces That Flattened the World
• Work Flow Software: The ability of
machines to talk to other machines
with no humans involved. Friedman
believes these first three forces
have become a “crude foundation of
a whole new global platform for
collaboration.”


The Ten Forces That Flattened the World
• Uploading - Provided free
access to community developed
software. Computer applications
were no longer 'bought'. They
could be downloaded for free off
the web.


The Ten Forces That Flattened the World
• Outsourcing: Friedman argues
that outsourcing has allowed
companies to split service and
manufacturing activities into
components, with each
component performed in most
efficient, cost-effective way.


The Ten Forces That Flattened the World
• Offshoring - Different from
outsourcing, offshoring moves an
entire operation, factory and
function to a completely different
location. All things are equal
expect for labor costs, lower taxes
and subsidized energy. The
combined savings creates a lower
cost product.


The Ten Forces That Flattened the World
• Supply-Chaining: Friedman
compares the modern retail
supply chain to a river, and points
to Wal-Mart as the best example
of a company using technology
to streamline item sales,
distribution, and shipping.


The Ten Forces That Flattened the World
• Insourcing - Small and mid-sized companies are able to provide services
to large supply chains without prohibitive expense, such as UPS fixing
computers for Toshiba.
• In-forming: Google and other search engines are the prime example.
"Never before in the history of the planet have so many people-on their
own-had the ability to find so much information about so many things and
about so many other people", writes Friedman.


The Ten Forces That Flattened the World
• Wireless Connectivity Wireless access created a
mobile society so work was no
longer tethered to a hard-wired
connection. All content could
now be digitized, shared
remotely and reshaped.


The Triple Convergence
• The combination of the ten world flatteners created a new global platform.
This new platform allowed us to collaborate and communicate in ways in
we never have before.
• This new platform would not be useful if we did not change the way we did
business.
• Before the flattening of the world, the global economy consisted of about
2.5 billion people. The flattened world allowed another 150 million people
to be added to the global connected workforce.


The Great Sorting Out
Discusses the fact that as the world “flattens,” it is not only business
practices that will be affected. Other dilemmas are created within
communities and their identities, individuals’ identities, and the role of
governments.


II.2. America and the flat world
 America and free trade
 The Untouchables
 The Right Stuff
 The Quiet Crisis
 This Is Not a Test


America and free trade
• Friedman considers the banning of
outsourcing, an action called for by
many, to protect our country’s
workers and the effect such an
action would have on globalization.
He concludes that erecting borders
and walls would be detrimental to our
goals and that Americans must
instead be prepared to compete on a
global playing field.


The Untouchables
• As the competition for jobs stiffens, how do we prepare them for the
increased competition?
• His suggestion that we must make ourselves “untouchables” is explored in
detail as he identifies three broad categories of workers who will have job
security in the flat world. Synthesizers, explainers, leveragers, versatilists
and more are identified and explained as viable career options, as well as
strategies for preparing for these positions.


The Right Stuff
• Stressing the importance of selflearning and learning to learn,
Friedman offers valuable advice to
parents unsure of their children’s
educational and professional futures.
He recommends building right-brain
skills, or those that cannot be
duplicated by a computer, and
explores different vehicles to higher
learning, including music.


The Quiet Crisis
•  An interview with Shirley Ann Jackson, 2004 President of the American
Association for the Advancement of Science, demonstrates that a quiet
crisis is happening slowly but surely as multiple and complex forces are at
work creating the perfect storm; demographic, political, social, cultural,
economic, etc., that could lead to America falling behind in innovation,
science and technology.


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