Wednesday, September 3, 2008

Globalization, Communication and the Internet

I enjoyed reading the book "The World is Flat" by Thomas Friedman, which is about the business world becoming increasingly globalized. In this book, Friedman makes the bold assertion that the economic world of today is now "flat" in the sense that the business playing field has been leveled, and that all countries can now compete with one another in the global market-place on almost equal footing.

One of the major reasons for this leveling is due to the invention of the internet. Companies in the USA can now easily transfer work - especially software-based work - to other parts of the world via the medium of the internet, and people across the globe can communicate and work as though they are across each others' desks. This medium of communication was unavailable a few decades ago, and has since revolutionized communication and job functionality. Whether it is by emails or web-based software applications or online shared folders, there are innumerable ways that the internet has changed the way we communicate in the workplace.

According to Friedman, in the future, it is not going to matter whether someone is born in America or China or Australia, but whether that person is able to deliver value-added goods to any part of the world. The internet is one of the chief inventions that is responsible for this change.

2 comments:

Professor Cyborg said...

Although Friedman's notion that the business world is flat is intriguing, so far his predictions aren't holding true. Consider Microsoft's continued domination in software and computing. In addition, offshoring may help out corporations in the short term, but when people don't have the income to buy a company's products, then the long term impact may be negative. The potential for anyone to innovate from anyplace at anytime is there, but we haven't realized it yet.

Hapa said...

Friedman has many good points. In my opinion, one of the best recommendations he makes is that the United States should fight the off-shoring of jobs through workforce improvement. Increasing workforce skills will increase employability. I hear many people complaining about off-shoring of domestic jobs, but very very few talking about what should be done.

Within the U.S., I've delegated work through freelance sites such as:
http://www.ifreelance.com/
Using these bidding freelancers for smaller projects allowed more flexibility and avoided many extra costs typically associated with hiring/firing of employees.