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8 Cards in this Set
- Front
- Back
When did each Globalization points occur and what were the agents of change? |
Globalization 1.0 (1492): Focused on countries globalizing - shrunk the world into a medium sized world |
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What are the impacts of the flatteners? |
IT broadens the distribution of timely information |
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How does IT influence flattening of hierarchies? |
Distributes information to empower low-level employees, increase management efficiency and in turn creating less middle managers |
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How does flattening effect business? |
The Dot Com misconception: that hard work is not necessary
Creates opportunities to alter how business processes are conducted (efficiency) |
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What are the 5 key impacts of flatteners on business? |
1. Substitute products or services: New substitutes emerge |
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What is Richard Friedman's iron rule of flatteners? |
"Whatever can be done it will be done" |
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What are the Ten Flatteners and what did they do? |
1. Fall of the Berlin Wall: End of civil war which allowed people from one side of the wall to join the other |
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What is collective intelligence and ideation communities? |
People and computers connected and act collectively more intelligently than individuals, groups or computer have done before |