Globalization leveling the playing field Increases opportunities Makes work more competitive
“Flatteners” Barriers are broken through improved communication More things are getting done through collaboration Technology: PC, Faster Internet, and Better Software
Collapse of Berlin Wall Ended the Cold War Fall of communism in Europe: Germany Capitalism: Free Market Capitalism
Rise of the PC Microsoft Windows (1981) Windows 3.0 – Better GUI – 1990 Improved productivity and communication
Netscape Web Browser – used to browse content on the web Mosaic to Netscape to internet explorer to mozilla to Chrome. Made internet accessible to everyone Paved the way to better communication Internet became truly integrated.
Workflow Software Software technologies that allowed work to flow. XML + SOAP + DBMS Middleware was developed to allow two different systems to be connected. Advanced software and internet communications allowed work separated into sub groups. Allowed companies, divisions, and departments to connect systems. Automated processes: paved the way for automated payroll, e- commerce, supply chain integration.
Open Source Apache Web Browser – a free software that powers more than 55% of the Internet’s Servers. Apache gave rise to sophisticated Web Sites, Online Games, real time chat, e-commerce. Opensource (Apache) – Innovate Internet Gave rise (indirectly) to Web Standards, and Communication protocols
Outsourcing Call Centers? Allowed companies to split activities into components and subcontracted providing efficiency in both cost and performance. Companies in other countries suddenly are sought out. Year 2000: E-Commerce emerged
Offshoring Outsourcing is taking an operation and having it done somewhere else. Offshoring is doing the Whole Manufacturing, or the Whole Business elsewhere. (China) greater competition worldwide. also allowed companies to seize markets in another country by increasing awareness. China joined WTO on Dec 11, 2001.
Supply Chain Streamlined processes Better Information Systems IT providing competitive advantage: Walmart
Insourcing Gives companies, big and small, to compete worldwide. UPS taking charge of logistics, repairs, replacement, etc (Streamlining the whole process)
Informing Search Engine Social Media"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"
The Steroids Amplifies the flattening of the other Flatteners Wifi, VoIP, File Sharing, iPhone, Mobile Internet, Blackberry Productivity Apps, Finance Apps, Portable Inventory Management Software. Smart: Tap Share (NFC) - a technology which allows contactless data exchange between two devices in close proximity with each other. (Think Smart Money and the number of subscribers) All can be done in quick, can be done anywhere, 24/7, 365
Convergence Technologies began to converge complimenting and enhancing each other. Ex. Newsgroup+email+chat = Facebook. Facebook+e-commerce = Online Shop. B2B converged – Banks can communicate with each other in real time. Inventory can be tracked realtime. China, Russia, Germany, Turkey, India, etc opened their economies to the world making it even more competitive
What now, Philippines We are no longer competing in the Philippines, we should prepare to be competitive worldwide. The Government should take advantage of technology – just like MMDA. The Philippines, specifically, the Cities, should expand with the goal of improving economic activity in the whole Philippines. Universities should upgrade their curriculum, not just offer basic computer courses. Businesses should be sure to be more efficient, they should think Global too. Know that they are in competition with companies from China, Vietnam, US, Europe, etc.