The World is Flat


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The World is Flat

  1. 1. PRESENTED BY: PATRICK HUANG The World is Flat By: Thomas L. Friedman
  2. 2. Thomas L. Friedman <ul><li>Thomas L. Friedman is a journalist who works for the New York Times </li></ul><ul><ul><li>He has won the Pulitzer prize three times </li></ul></ul><ul><ul><ul><li>Twice for International reporting </li></ul></ul></ul><ul><ul><ul><li>Once for Commentary </li></ul></ul></ul><ul><li>Writes about Foreign Affairs and Global Trade </li></ul><ul><ul><li>He is one of the front running scholars on globalization and international trade </li></ul></ul>
  3. 3. Overview <ul><li>Friedman coins the term “the World is Flat” a term he uses over and over throughout the book </li></ul><ul><ul><li>What does this mean? </li></ul></ul><ul><ul><ul><li>Friedman’s main point throughout the book is how the world has essentially become flat, the playing field has been leveled, individuals now are able to make a substantial impact on the world, no longer are only the big businesses running the show. </li></ul></ul></ul>
  4. 4. Overview <ul><li>Friedman begins in Bangalore, India where he first notices the flatting appearing </li></ul><ul><ul><li>Companies were outsourcing their work to Bangalore </li></ul></ul><ul><ul><ul><li>Accounting companies were using Bangalore to file taxes </li></ul></ul></ul><ul><ul><ul><li>Doctors were outsourcing their work to Indian Doctors in Bangalore to read CAT Scans and MRI scans </li></ul></ul></ul>
  5. 5. 10 Major Flatteners <ul><li>Berlin Wall Falling Down </li></ul><ul><li>Netscape internet browser going public </li></ul><ul><li>Work flow software, losing the need for humans, machines talking to machines </li></ul><ul><li>Uploading, free ware, Wikipedia, Apache </li></ul><ul><li>Outsourcing work to India for Y2K </li></ul><ul><li>Off shoring, China entering into the WTO and increase competition </li></ul><ul><li>Supply Chain, Wal-Marts clever design of supplying its goods </li></ul><ul><li>Insourcing, with UPS </li></ul><ul><li>Informing, with Google </li></ul><ul><li>Steroids, such as Cell Phones, Digital recordings, ipods </li></ul>
  6. 6. Dot Com Boom and Bust <ul><li>Freidman mentions how the dot com. Boom and bust were major contributors to the flattening of the world. </li></ul><ul><ul><li>The dot com boom and bust enabled countries like India and China to experience major expansions even during the dot com bust. </li></ul></ul><ul><li>I found this very interesting because the dot com bust slowed a lot of growth in the U.S. and many companies and people were suffering due to the bust </li></ul><ul><ul><li>I did not know how the bust was able to help people in India and other 3 rd world countries </li></ul></ul>
  7. 7. Triple Convergence <ul><li>1 st Convergence: The ten flatteners become intertwined with one another </li></ul><ul><li>2 nd Convergence: When companies and people begin to use and take advantage of the ten flatteners </li></ul><ul><li>3 rd Convergence: Previously closed countries like China, Russia, India, and other Eastern European countries began opening their doors to the world </li></ul>
  8. 8. Untouchables <ul><li>Special Jobs: Bill Gates, Tiger Woods, Katie Curic, these people create these skills </li></ul><ul><li>Specialized: Brain Surgeons, specialized repair men, Specialized lawyers </li></ul><ul><li>Anchored: Waiters, bartenders, although these jobs are beginning to be outsourced </li></ul><ul><li>Adaptable: Be able to learn new skills new traits do not stop learning </li></ul>
  9. 9. America’s problem, the Quiet Crisis <ul><li>American Basketball team </li></ul><ul><li>American youngsters have been cruising not keeping up with their education or work </li></ul><ul><ul><li>While children from around the world have been working harder than ever to pass the U.S. and there has never been a better time </li></ul></ul><ul><li>U.S. students have lost the science and math backgrounds which originally made it the power house it is today </li></ul><ul><ul><li>Spending has been cut down on math and science research </li></ul></ul>
  10. 10. Conclusion: How does this book fit in? <ul><li>What does this book mean and how does it fit in with Better Business Network? </li></ul><ul><ul><li>This book means the playing field has been leveled individuals are now making a global impact. </li></ul></ul><ul><ul><li>U.S. students will no longer be guaranteed jobs, jobs will be outsourced to China or India where children are now better educated and better suited for the jobs </li></ul></ul><ul><ul><li>Better Business Network is this: we use many of the same tools which Friedman was talking about which helped with the flattening of the globe </li></ul></ul><ul><ul><li>Better Business Network will be at the for front of this new revolution </li></ul></ul>