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.