Introductionandflatworldvideo.pdf MGT 3180
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This 2 page Class Notes was uploaded by jj on Thursday September 3, 2015. The Class Notes belongs to MGT 3180 at Clemson University taught by Dr. Raman in Spring 2015. Since its upload, it has received 75 views. For similar materials see Management of Information Systems in Business, management at Clemson University.
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Lectures notes?? Yes please! Looking forward to the next set!
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Date Created: 09/03/15
Introduction Mass Customization phenomenon powered by Information age Information Age infinite quantities of facts are widely available to anyone who can use a computer 9 driven by digital data Amazon is not a technology company its original business focus was to sell books and now it sells nearly everything Net ix is not a technology company its primary business focus is to rent videos Zappos primary business focus is to sell shoes bags clothing and accessories The World is Flat Video Speakers name is Tom Friedman 9 won Pulitzer prize 3 times author of several books including The World is Flat 30 Book came about by accident Why does everyone hate America idea to go to call centers all over the world and interview young foreigners who spend their days imitating American s Journalist in NY Times 911 happened and interest changed to how the world viewed America Which turned up out sourcing How did the book come about Nandan Nilekani 9 CEO of infosyp Multinational Company provides IT consulting Built the company from ground up Major advances in Globalization Era Economic playing field is being attened What is the central tent of the book Meta Argument 3 great era of globalization 1 Countries Globalization 10 began in 1492 and lasted until early 1800s Shrunk the world from size Large to Medium 2 Companies Globalization 20 began in early 1800s lasted until the year 2000 Shrunk the world from size Medium to Small Spearheaded by companies going global for marketing and labor 3 Individuals Globalization 30 began in 2000 until present Shrunk the world from Small to Tiny and attened global economic playing field Spearheaded by individuals 4 Key Flatteners 1 PC 9 Personal Computer allowed individuals to author their own content in digital form 2 amp 3 8995 Netscape went public Invented browser and started the dotcom boom which triggered the dotcom bubble which triggered 1 trillion dollar investment into ber optic cable in 5 years Browser is software that provides an interface example Internet Explorer or Firefox Fiber Optic Cable Network allows people to send content where ever they wanted in the world 4 Transmission Protocols were standardized allowed us to have a standard way to send information even if the devices are different Flat world means people can communicate easier as individuals uploading Flat world a global webenabled platform for multiple forms of sharing knowledgework irrespective time distance geography and increasingly language What are rules of operating in Flat world Iron Rule 1 What can be done will be done 9 will it be done to you or by you If you think it you better do it Iron Rule 2 Greatest competition is between you and your imagination Iron Rule 3 Interact horizontally rather than vertically 9 Go through people not management
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