Book Description
Tough Choices or Tough Times calls for first redesign of the American education system in a century. This report of the New Commission on the Skills of the American Workforce shows how the dynamics of the global economy will lead to a steady decline in the American standard of living if this country does not undertake the first thorough overhaul of its education system in a century. It shows how our country can graduate 95% of our students (not two-thirds, as it does now) after 12 years and the majority after only 10 years of grade school. It reveals how billions of dollars can be saved by changing the way students progress through the grades and how the money saved could be used to build high quality early childhood education systems, attract the best and brightest teachers, and provide the resources for even the most disadvantaged students to reach world class standards. This hard-hitting analysis describes the kind of economy needed to sustain our current standard of living and kinds of skills and knowledge that American workers need to make that economy work. It also details the dramatic changes in governance, finance, organization, and management of the American education and training systems that are needed.
Tough Choices or Tough Times was written for anyone concerned with the future of this country and the state of our schools and our job training systems. It provides a well-researched analysis of the issues and a compelling set of proposals for changing our system of education.
National Center in Education and the Economy (NCEE) is a not-for-profit organization dedicated to providing young people with the world-class skills that will allow them to succeed in a global economy. The 26-member commission includes former Cabinet secretaries of labor and education, Senators, Members of Congress, school superintendents, CEOs of major firms, union leaders, and governors.
Customer Reviews:
Releiance on Objective Tests.......2007-02-20
This is an interesting and important document from a group who have had considerable influence on education policy. My largest disagreement is the emphasis on external testing rather than classroom assessment. Good art and music teachers both teach and assess creativty. There is no external test for this ability; whose importance is emphasized in the report.
A well-written wake-up call........2007-02-04
This book by the Commission on the Skills of the American Workforce is well written in clear terms with summaries and simple graphics. It is a must read for anyone interested in the future of the US economy. The Commission points out the risks of our poor pre-university education to the US economy. India and China are now competing with the US in the high skilled labor market (not just low skilled) and at lower wages. With the Internet, many jobs can be done anywhere, and companies will hire the best at the lowest cost (Indian engineers make $7500 annually with the same qualifications as US engineers who make $45,000).
The Commission describes how US universities continue to be the best in the world, but grade schools and high schools have fallen behind. In the 20th century the US pioneered universal education, and received an influx of talent, from scientists fleeing Germany before World War II to a more recent influx of Asian students, who stayed and worked here. But now, other countries have passed us in pre-university education and many foreign students are going back to their own countries after graduating.
"A Nation at Risk" came out in 1983, saying "If an unfriendly foreign power had attempted to impose on America the mediocre education performance that exists today, we might well have viewed it as an act of war." The Tough Choices Commission points out that since then we've had a more than doubling of spending on education (inflation adjusted) with only modest improvement. The Commission concludes that the main improvement, standards testing, turns out to be misguided because it is multiple choice, not essay, and thus doesn't teach the creative, out of the box thinking needed for the US to maintain its lead. Multiple choice tests are by definition "in the box" tests.
"A Nation at Risk" proposals in 1983 for merit pay for teachers were resisted, and teachers continue to come from the bottom 1/3 of University graduates. The Commission proposes merit pay for new teachers, with an opt-in choice for existing teachers, combined with higher salaries made possible by eliminating pensions and using 401Ks instead, like other professions. Other proposals include universal pre-school, school choice with funding following students, less bureaucracy and more independence for individual schools, adult education coordinated with the business community, and inter-city schools and supporting social services being coordinated under one person, such as the mayor. Finally, partial funding can be found by reducing the number of students in the last 2 years of high school by allowing board testing at the 10th grade, with those passing going to community college then a university, directly to trade school, or directly to work.
I have separately read that having funding follow the student to encourage competition among schools has been implemented successfully at the city level in San Francisco. The Commission shows that if pensions and vacation time are included, current teacher salaries are actually somewhat competitive. But talented young people prefer money now, and don't know that they would stay in teaching long enough to earn a pension. Thus, pension money could be moved to up front salary and portable 401Ks, with existing teachers having the option of opting in or staying with their pensions.
The proposal to coordinate social services with schooling to help the disadvantaged, such as by putting all under a mayor has been done in New York recently, with great success. By providing programs for kids until 5 PM, and help to their families, the disadvantages of a poor home situation can be addressed. The US economy is healthy because of the waves of immigration it has had over the past 15 years, and we can't afford not to train those immigrants so our business have a talented labor pool to draw on.
The board exams proposed at the end of the 10th grade will provide badly needed motivation to students, since they can get out of school earlier if they work harder, rather than marking time.
To cut bureaucracy, the commission proposed principals be given free reign on how to spend the money they get (which is based on the number of students). Also, school boards would not run schools, but would contract with others (such as private companies, groups of teachers, etc.). The school boards would then become performance contract managers.
Finally, the report proposes training of people in the workforce, since these people will be the largest part of our workforce for some time, and will need more advanced and creative skills.
Finally, a comprehensive strategy forward.......2007-02-03
Citing Winston Churchill, who said America always did the right thing after it had exhausted all the alternatives, the New Commission on Skills of the American Workforce calls for a complete overhaul of American education.
Unlike the Commission Report in 1990, which recommended that we improve our high technology skills and accept as inevitable the movement of low-skill jobs to global competitors, the current Commission draws our attention to the fact that we are losing high-skill jobs to global competitors as well. Such losses are projected to grow geometrically if we fail to act with an integrated whole system response.
The Commission recommends a major overhaul of American education to include how we define needs, develop curriculum, attract and retain world class teachers, focus scarce resources, assess stakeholders, and finance public education. All familiar words, I know, but the devil or angel, if you will, is in the details. Let's look at some of the most important.
Noting the poor scores made by U.S. students on international tests and the prospect that we will lose our leadership position in fields that require exemplary abilities in mathematical reasoning; scientific concepts; writing; creativity and innovation; self-discipline and organization; and teamwork, the Commission calls for regional economic development authorities. These authorities would be responsible for coordinating with existing institutions to develop goals and strategies that would serve as guides for local decisions and channel resources where initiatives contributed to the achievement of such goals and strategies.
The Commission calls for significant changes in school governance. School boards and districts would find their role focused on policy making, facilitation of educational networks, operation of support service centers, reporting, and writing performance contracts with those who operate the schools. Schools would be operated by independent contractors and would have complete discretion to determine spending, staffing, calendar, organization and management ---- all subject to the same safety, curriculum, and testing standards as other schools. States would recruit and train teachers; build standard curriculum and assessment agencies; investigate, review and approve networks; contract for special services; and develop statewide schools to serve gifted children.
Teachers would be employed and licensed by the state. Their compensation would shift from current practices, which are back-loaded to emphasize pensions and defined health care benefits, to one which is front-loaded to emphasize cash compensation. Under a front-loaded approach, pay for beginning teachers would be $45,000. Competent academic-year teachers could receive $95,000 and competent calendar-year teachers as high as $110,000. In addition, incentive pay would be paid to teachers willing to teach in remote areas, tough urban areas, and in fields with labor shortages like math, science, language, and special education. The objective of all these changes is to recruit, develop, and retain individuals who had graduated from the top third of their high school graduation classes.
To discover where much of the money is coming from to pay for these changes, you have to examine their recommendation in the area of assessment. Essentially, the Commission wants to shift American education from a system that is time-based to one that is based on merit, using Board Examinations to control progression. They would allow high school students to sit for the initial board examinations at the end of their sophomore year. If they score well enough, they will be allowed to begin a two-year technical training program or to enter a four-year degree program. Those who scored less well would remain to prepare for the second board examination which, when passed, would allow them to attend a state college or university. Neither progression would permit remediation at the next highest level. In short, no one would be allowed to progress unless they are ready and no one would be held back based on a scheme that honors time more than it does competence. The Commission expects this progression scheme to save $67 billion.
In addition to teacher compensation, the Commission would spend part of the savings on high-quality, universal early childhood education for three and four year olds. Supplemental funding would be made available to help schools with high concentrations of disadvantaged students, e.g. screening and diagnosis, tutoring; community involvement, etc. School financing would be a state, rather than a local matter. And the state would use a uniform funding formula that emphasizes equity over equality. New Federal money would be sought to fund interest-bearing Personal Competitiveness Accounts. These accounts would be funded by the Federal government with a $500 deposit at birth and annual contributions made to age 16. The fund would accept tax-free contributions from employers, states, and individuals. From these funds, individuals could draw to improve their education and skills as adults.
Reactions from the educational establishment have been mixed. Predictably, all favor high-quality universal education for three and four year olds and for injections of more money into the educational system. No one, however, wants to support recommendations that would require substantial changes for their membership. The National Education Association (NEA) doesn't want to support the shift in compensation because their current membership favors back-loaded systems. Neither the NEA nor the National School Boards Association wants to give up local funding and operation of schools. Finally, the National Association for College Admission Counseling cautions against using Board Examinations if they are built on the foundation of European models.
All stakeholders need to realize that the situation has deteriorated to such a point that anything less than a major transformation of American education risks being characterized as rearranging the deck chairs on the Titanic. As the Commission emphasizes, this is not a set of recommendations to be cherry-picked. Instead, they require a thoughtful, soul searching reflection and authentic dialogue to meet the challenges that are quickly coming into view.
It's Time to Put the Professionalism in Teaching.......2007-01-29
While there are some debatable aspects of the TOUGH CHOICES OR TOUGH TIMES report, the call to elevate teaching to the professional level it deserves is certainly long overdue. One problem the report doesn't explicitly mention is that our education system right now is a two-tiered heirarchy in which educrats--the professional ruling class of policymakers, administrators, and midlevel bureaucrats who don't actually teach--wield far too much power and often earn staggering salaries, while teachers are treated like common day-laborers, underpaid and (often) undermined by the flaky, self-serving policies that educrats impose on them.
The report recommends raising teacher salaries to attract the best and brightest, i.e. those who would otherwise be doctors, lawyers, and other ambitious career professionals, by doing away with current teacher-retirement systems in favor of higher up-front cash rewards and 401(k) packages. Astonishingly, the NEA and other powerful teacher unions are opposed to this. But the fact is our schools are failing us, in part, because teachers are not treated like professionals. Yes, there are plenty of attractive benefits to teaching already, like summers off and seniority-based salary schedules. But the trade-off is that many teachers are willing to give up intellectual authority over their profession and allow themselves to be infantilized by condescending educrats. This is a Faustian bargain, and it's time to break it.
If the commission's compensation plan were implemented, more young and bright professionals would be drawn to the classroom, and they'd (hopefully) stay there rather than hopscotching up to an administrative desk job as soon as they could. They would be unafraid to challenge the bad policies of educrats, and they would serve their constituents (the students and their parents) in far more creative and effective ways, because real professionals do not allow themselves to be bullied. Teachers would finally have intellectual authority over their profession, the same way that doctors, lawyers, and other true professionals do. It may mean sacrificing some comfort and standing up to our own unions, but the long-term results would be well worth it. Independence, as we already know, sometimes comes at a high price.
Creativity and Innovation.......2007-01-24
This report, the result of the second Commission on the Skills of the American Workforce in thirty years, represents "the canary in the mine." It is a warning to law makers, educators, students, parents and business people that we must overhaul the American educational system. Emphasis on creativity and innovation needs to be added to student learning and assessment as well as high levels of critical thinking. Instead of pushing toward analysis, teachers need to devise ways in which students can synthesize their learning; for example, thematically combining the content of a World Civ class with scientific breakthroughs. Creativity and innovation is the only way in which we can claim U.S. superiority in the fast approaching future. Countries like India and Japan are already ahead of us. We need to catch up quickly or lose our standing in the world marketplace.
Average customer rating:
- Has history been tampered with?
- Calculations are only as good as your numbers
- Pants on fire?
- Accepted History & Chronology Must Be Changed.
- Very Interesting
|
History: Fiction or Science? (Chronology, No. 1)
Anatoly Fomenko
Manufacturer: Mithec
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Similar Items:
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ASIN: 2913621058 |
Book Description
Recorded history is a finely-woven magic fabric of intricate lies about events predating the sixteenth century. There is not a single piece of evidence that can be reliably and independently traced back earlier than the eleventh century. This book details events that are substantiated by hard facts and logic, and validated by new astronomical research and statistical analysis of ancient sources.
Customer Reviews:
Has history been tampered with?.......2007-10-23
Watch Video Here: http://www.amazon.com/review/RAZQNMXM4M9CL Has history been tampered with? Yes, it has! Did events and eras such as the crucifixion of Jesus Christ, the Roman Empire , the Dark Ages, and the Renaissance, actually occur within a very different chronology from what we've been told? Yes, they certainly did!
The history of humankind is both drastically shorter and dramatically different than generally presumed.
Why is it so? On one hand, it was usual custom to justify the claims to title and land by age and ancestry, and on the other the court historians knew only too well how to please their masters. The so called universal classic world history is a pack of intricate lies for all events prior to the 16th century. World history as we learn it today was entirely fabricated in the 16th-18th centuries. It's likely that nobody told you before, but
there is not a single piece of firm written evidence or artefact that is reliably and independently dated prior to the 11th century.
Naturally, after what you've learned in school and university, you will not easily believe that the classical history of ancient Rome, Greece, Asia, Egypt, China, Japan, India, etc., is manifestly false.
You will point accusing finger to the pyramids in Egypt, to the Coliseum in Rome and Great Wall of China etc., and claim, aren't they really ancient, thousands of years ancient? Well, there is no valid scientific proof that they are older than 1000 years!
The oldest original written document that can be reliably dated belongs to the 11th century!
New research asserts that Homo sapiens invented writing (including hieroglyphics) only 1000 years ago. Once invented, writing skills were immediately and irreversibly put to the use of ruling powers and science.
The consensual chronology we live with was essentially crafted in the 16th century by the Jesuits.
The world history was compiled from contradictory mix of innumerable copies of ancient Latin and Greek manuscripts and other irrefutable proofs delivered by late mediaeval astronomers that were cemented by the authority of writings of the Church Fathers.
Early in life, we learn about ancient history. Children love the magical lessons of history - they are like fairy tales. Teachers recite breathtaking stories; very soon We learn by heart the names and deeds of brave warriors, wise philosophers, fabulous pharaohs, cunning high priests and greedy scribes.
We learn of gigantic pyramids and sinister castles, kings and queens, dukes and barons, powerful heroes and beautiful ladies, emaciated saints and low-life traitors.
Ancient history is based documents, manuscripts, printed books, paintings, monuments and artefacts - called primary sources.
The problem is that neither these ancient documents, nor events described therein can be irrefutably dated, moreover they contradict each other for the most part.
When a school textbook tells us that Genghis Khan in year X or Alexander in year Y, have each conquered half of the world, it means only that it is so said in some of the written sources.
There are no answers to simple questions:
When were these primary sources written?
Where and by whom were these sources found?
It is wrongly presumed that ancient and medieval chronicles, written by Genghis Khan's or Alexander the Great contemporaries and eyewitnesses, are readily available. Actually, only sources written hundreds or even thousands of years after the events are there, compiled mostly in the 16th 18th centuries, or even later.
As a rule, these sources suffered considerable multiple manipulations, falsifications and distortions by editing. At the same time,
innumerable originals of ancient documents under various pretexts were destroyed in Europe under various pretexts.
The names of persons and geographical sites often changed meaning and location during the course of the centuries.
Geographical locations became clearly defined on maps only with the advent of printing.
This made possible the circulation of identical copies of the same map for purposes of the military, navigation, education and governance tasks.
Historians from Oxford say: "hey, everybody knows that Julius Caesar lived in the first century B.C.
`Julius Caesar' statement is only a point of view as
there is simply no irrefutable documentary proof that Julius Caesar or any other great name of antiquity ever existed.
Better than that - extremely rare sources that can be reliably dated back to the 10th-14th centuries A D, do not show the polished picture of classical history.
They show a picture both contradictory and confusing.
All methods of dating of ancient sources and artefacts are erroneous:
Radio-carbon C14 method produces dating with exactitude of plus minus 1500 years, therefore it is too crude for dating of events in historical timeframe!
The Almagest tractate, which lies as corner stone contemporary chronology, compiled in the 2nd century A D by Ptolemy, the founding father of astronomy, contains astronomical data of 9th to 16th century!
The Bronze Age,that has supposedly began 5000 years ago. Bronze is made of 90% copper and 10% tin, but the technology for tin extraction dates back to 14th century A D!.
All eclipses contained in manuscripts, like Thucydides one, relating 'ancient' events have exclusively medieval dating. All horoscopes cut in stone or painted in Egyptian temples, like Dendera have exclusively early medieval dating solutions.
Not quite what you have learned in school? Open your eyes, and, you will find sufficient proof to reach step by step the inevitable conclusion that the classical chronology is false and therefore, that the history of ancient and medieval world universally accepted today, is also false. Have a fresh outlook on everything said or printed about "ancient" and "enigmatic" Roman, Greek and Egyptian, medieval as well as all other "lost and found" civilizations.
Antiquity and Dark Ages are phantoms invented in the 16th 18th and polished in 19th 20thcenturies. Human civilization is in fact barely 1000 years old!
This book will change your perception of History forever!
What if Ancient Rome, Greece and Egypt were invented during Renaissance?
What if The Old Testament was a rendition of events of the Middle Ages?
What if Jesus Christ was born in 1053 and crucified in 1086 AD?
Sounds Unbelievable?
Not after you've read "History: Fiction or Science?" by Anatoly Fomenko, the genius mathematician.
Armed with astronomy and computers Anatoly Fomenko turns History into a rocket science.
Calculations are only as good as your numbers.......2007-08-03
Yes, we can all agree that mainstream history is nearly 100% BS due to politics, economics, ego, problems with dating techniques, and various conspiracies. Agreed. But, I've been researching the distinct possibility that human history (in terms of civilizations) are much more ancient than we've been told, so coming across this book was very interesting to me. I wondered how Fomenko could be wrong (if at all) because he is very persuasive in his presentations. Then it dawned on me. If at previous times in prehistory, due to the various catastrophies that are well documented (comets, asteroids, planetary disruptions, plasma discharge, pole reversals, etc) the Earth was in a different position in relation to the sun, different tilt on its axis, different orbit, different rotation (in terms of velocity and DIRECTION), and the continents were in different positions, then would this not cause the ancients to see the sky (constellations) differently? In other words, is Fomenko making erronious assumptions about the physics of the Earth in pre-history, which then corrupt his data with regards to dating the relevant astrology? The last event to seriously disrupt our planet occured roughly 3500 years ago, according to other good researchers, so is it possible Fomenko has been confused by this? The vastly different physics of our planet in the not so distant past may explain this confusion, which is not to say the "mainstream" version of history is correct; on the contrary. I am not an expert in these fields, but wanted to see if this idea could spark discussion.
Pants on fire?.......2007-07-19
Will people ever read before spamming? Yes, Jesuits could not rewrite world history alone, they had help. Anyway, Dr Prof Acad A.Fomenko does not point to jesuits as the driving force of world wide history manipulation in published volumes 1,2,3;, actually he barely mentions the poor devils. Check it with 'Search inside' feature, please. China is rarely mentioned either, in fact, Dr Fomenko is completely eurocentric. Right, his theory contradicts all mainstream schools of history, because in their actual state they are all built on blatantly erroneus chronology. You don't need a mysterious cabal (conspiracy) to falsify history, the falsification is its modus operandi. It is inherent to history(ians) to falsify (distort) events, as it is inherent to humans to boast as it is inherent to power (authority) to legimize itself by referrring to glorious past made to its own order. Dr Prof Fomenko and team have identified scores of instances of such manipulation in Russian, European, etc.. history, and delivered valid statistical proof thereof. His own 'reconstruction' is completely another story. Forget c14 as a valid method of dating. W.Libby has initially discovered a brilliant method of INDEPENDENT dating. Too bad, c14 method has become a joke after a forced marrige with dendrochronology with consensual chronological scale inbuilt. Radiocarbon method can't stand blind tests, but is so very productive as a rubberstamp.
Accepted History & Chronology Must Be Changed. .......2007-04-09
There is no doubt that history as most know it is a sham, & institution's version of History both University & Church is fradulent & inaccurate. Everything was established with an agenda, The real "Dark Ages" are now when we have access to incredible amounts of information past authorities & more important 'common folk' didn't have but our institutions & educators are slow to evolve because of what has ignorantly & arrogantly been taught for too long. This is on many subjects not just Chronology.
For anyone to question "Why would a Mathematician have anything credible to say of History?" The answer is from Dr. Fomenko's preface in the book: "It would be worthwhile to remind the reader that in the XVI-XVII century Chronology was considered to be a subdivision of Mathematics." These volumes could possibly be some of the most important works to date & should be read by everyone with an interest in History, especially professors & educators who have a duty to the public. I have read both books & must say that 'Chronology 1' has some very eye opening & revolutionary information. Even if these volumes are part true the implications are profound & opens the doors to further investigations & questions which must be done. I speak several different lanquages & must say the logic Dr. Fomenko uses with "inflection" of words & words being read from left to right in one region & right to left in another then written backwards, the removal of vowels & get down to basics of words, or different cities & locations having the same name etc. is correct. Vowel usage has always been optional & varied, actually complicating linquistics & study. The first thing one has to understand is that words never had a fixed spelling in history like we do now, the spelling of words was mutable & regional, as well as names & titles of people were vast, varied & changed, NOTHING WAS FIXED or understood linear. Matters of Life & Death as well as financial profiteering yesterday & today were & are made with ignorant, illogical & conspiratorial views of history & reality, it's time people get closer to the Truth & society collectively grow up.
Very Interesting.......2007-03-07
It is a good proposal and I believe it will mature into something even better in the future. I think it deserves to be read.
Book Description
Bangladeshi villagers sharing cell phones helped build what is now a thriving company with more than $200 million in annual profits. But what is the lesson for the rest of the world? This is a question author Nicholas P. Sullivan addresses in his tale of a new kind of entrepreneur, Iqbal Quadir, the visionary and catalyst behind the creation of GrameenPhone in Bangladesh.
GrameenPhone—a partnership between Norway's Telenor and Grameen Bank, co-winner of the 2006 Nobel Peace Prize—defines a new approach to building business opportunities in the developing world. You Can Hear Me Now offers a compelling account of what Sullivan calls the "external combustion engine"—a combination of forces that is sparking economic growth and lifting people out of poverty in countries long dominated by aid-dependent governments. The "engine" comprises three forces: information technology, imported by native entrepreneurs trained in the West, backed by foreign investors.
Customer Reviews:
For the masses.......2007-06-20
You Can Hear Me Now will interest a wide variety of readers. On a personal level, the story of Iqbal Quadir, who at age 36, single-handedly coordinated the effort to bring cellular phone service to one of the poorest countries in our world, is an inspriration. Moving beyond the completion of his college studies in America and entering the workforce, Quadir had not forgotten the struggles of the rural poor of his homeland, Bangladesh. Iqbal Quadir's story is one of creativity, passion, and perseverance not only for a project, but for a people. Beyond the book, the story grows. Readers can expect Mr. Quadir will continue to work toward the alleviation of poverty in Bangladesh through continued efforts with new projects.
As an academic book, readers will discover a revolutionary economist in Quadir. He has used traditional economic theories to develop, solidify, and test his own. He is a noted original thinker and a man of action. "Connectivity is productivity" is Quadir's cry. He is changing the world's view of the risk of investment in developing countries. He is a victor of the race to end poverty.
Mr. Sullivan's well-written references to and explanations of economic concepts are clearly written and easy to understand. This book is a must-read for all students of economics, business, and entrepreneurship. If instructors do not require the book, students should be delving into the material on their free time.
Globally, the impact of Quadir's work in Bangladesh has rippled throughout the developing world with his economic practices and business models duplicated successfully. Iqbal Quadir's story brings hope for a better future for millions of people, and personally, his actions inspire me to question what role I play.
Worth it!.......2007-03-14
It is a story about a man with a vision to empower the poor in Bangladesh (one of the 50 poorest countries in the world according to many global economic reports). Iqbal Quadir had faith in his strategy and the intelligence to lay it in ways to get investment from Grameen Bank and other powerful investors, who may have once been reluctant. If you already have grassroots business ideas, this book is not only an inspiration but it also loosely illustrates the challenges in BOP markets.
Wonderful example of thinking outside our cultural constraints..........2007-02-25
To the typical American (and other developed nation citizens), the cell phone has become part of the normal fabric of life. Communication with anyone at any time from anywhere is just expected. But in countries like Bangladesh, only a very small number of people have access to any type of telephone communication. The book You Can Hear Me Now: How Microloans and Cell Phones are Connecting the World's Poor to the Global Economy by Nicholas P. Sullivan does an excellent job of showing how something as simple as the cell phone can break the cycle of poverty and aid for millions of people.
Contents:
Part 1 - The GrameenPhone Story: Connectivity Is Productivity; Dish-Wallahs of Delhi (and Other Early Models); Cell Phone as Cow - A New Paradigm in Search of Investors; On The Money Trail in Scandinavia; Building a Company; Building a Network
Part 2 - Transformation Through Technology: Wildfile at the Bottom of the Pyramid; Cell Phone as Wallet; Wealth Creation and Rural Income Opportunities; Beyond Phones - In Search of a New "Cow"; Eyeing the Dhaka Stock Exchange
Epilogue; Notes; Resources; Index
The book is split into two parts. The first part covers the story of GrameenPhone's launch in Bangladesh, and the second part is more of a look at the forces behind using technology at the "bottom of the pyramid" (the vast number of people who globally live at poverty level) to connect them to the world's trade economy. Iqbal Quadir was a Bangladeshi who studied and worked in the US and was doing quite well. But he was also concerned about the massive levels of poverty in his home country. Once day he was standing on the street and had an epiphany about communication equaling productivity. His people worked hard, but they had no way to reliably communicate with others except by face to face meetings. All that wasted time meant there was untapped potential just waiting to be utilized. He started talking with Muhammad Yunus, founder of Grameen Bank (originator of microloan programs) to see how communication technology could be rolled out to the entire country, making a phone available to anyone near a village. Without government aids and grants, Quadir put together a consortium of foreign investors and Grameen Bank to build GrameenPhone, a life-altering company. Using a fiber-optic line already laid next to the country's rail line, they were able to place cell towers in areas to cover all the rural areas of Bangladesh. Then using microloans from Grameen Bank, "phone ladies" could buy a cell phone for the village, offer the phone service, and sell the time in small increments. The cell phone gave a business to the village, in addition to creating subsidiary jobs and opportunities with the communication that was enabled by having phone service throughout the country. It's this use of technology that's advocated in the second part of the book as an example of how business opportunities can remove the grip of poverty from nations and lead to living wages instead of handouts.
You Can Hear Me Now is an inspirational book with plenty of lessons for those who are willing to look outside the normal constraints of what we consider business opportunities.
An excellent book that shows how ICTs are effective development tools..........2007-01-29
This is a well-written, well-researched book that clarifies the substantial role that ICTs are playing in developing countries. It showcases Iqbal Quadir, who founded GrameenPhone in Bangladesh, and shows how he risked his investment banking career on Wall Street to go back to his native country to improve it. There is a lesson here not just for US/EU immigrants from poor countries, but for everyone interested in developmental economics and aiding poor countries: charity is not the only way. In fact, as the World Bank conceded, its efforts at poverty alleviation are failing. This book shows how GrameenPhone, a company that generates profit and is majority-owned by a European telecommunications company, is a positive force for improving Bangladesh. It has provided cell phone service, where no telephones existed. It has created jobs and made the entire economy more efficient. Indirectly, it has empowered the masses and connected them to the global village.
For readers with an interest in Grameen Bank, Professor Yunus (2006 Nobel Peace Prize), telecommunications, but also entrepreneurship, I think you will find that this book is a must-read. Also, for those following the Jeffrey Sachs, Bono, Bill Gates, UN Millennium Goals, Stiglitz, Easterly debate this is also very relevant. I hope that Mr. Sullivan follows this book up with another one that showcases how innovative men and women like Quadir can change the world and also make a profit for investors (which encourages them to continue to invest in developing countries).
After reading this book, I bought several copies for people I know in Business School, because I think it will inspire them to be successful and also think about how to improve economic opportunity in the developing world, through bottom-up entrepreneurship.
Book Description
How much credit can be given to entrepreneurship for the unprecedented innovation and growth of free-enterprise economies? In this book, some of the world's leading economists tackle this difficult and understudied question, and their responses shed new light on how free-market economies work--and what policies most encourage their growth.
The contributors take as their starting point William J. Baumol's 2002 book The Free-Market Innovation Machine (Princeton), which argued that independent entrepreneurs are far more important to growth than economists have traditionally thought, and that an implicit partnership between such entrepreneurs and large corporations is critical to the success of market economies.
The contributors include the editors and Robert M. Solow, Kenneth J. Arrow, Michael M. Weinstein, Douglass C. North, Barry R. Weingast, Ying Lowrey, Nathan Rosenberg, Melissa A. Schilling, Corey Phelps, Sylvia Nasar, Boyan Jovanovic, Peter L. Rousseau, Edward N. Wolff, Deepak Somaya, David J. Teece, Naomi R. Lamoreaux, Kenneth L. Sokoloff, Yochanan Shachmurove, Ralph E. Gomory, Jonathan Eaton, Samuel S. Kortum, Alan S. Blinder, Robert J. Shiller, Burton G. Malkiel, and Edmund S. Phelps.
Average customer rating:
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The Economic Impact of Knowledge (Resources for the Knowledge-Based Economy)
Dale Neef ,
Tony Siesfeld , and
Jacquelyn Cefola
Manufacturer: Butterworth-Heinemann
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ASIN: 0750670096 |
Book Description
Series: Resources for the Knowledge-Based Economy
What happens to our understanding of economics when the vast majority of people within our economy are employed to create ideas, solve problems, or market and sell services rather than to produce tangible goods? How do we measure non-financial "intangibles" such as human capital or the effect of R&D? This anthology explores how economists and public policy makers are re-thinking the way in which governments measure, monitor, and influence an economy in an unbounded global environment where output is largely intangible and organizations are becoming increasingly "non-national" in scope.
Through a collection of seminal articles written by prominent business people, academics, and public policy makers, this three-part anthology examines the key issues surrounding the economic impact of knowledge-based growth, including:
* preparing for the effects of technological change
* understanding the change in traditional economic theory
* how Research and Development will be affected
* who will be the global "knowledge police"?
Most business people think of economics in terms of growth, interest rates, and inflation. This book is unique in that it focuses on the economic impact of knowledge-based growth in order to provide business people with a bigger picture of the knowledge management case for action with their organizations.
The most up-to-date and most relevant articles on the subject
Unique focus on the theme of knowledge
Organized logically, with a foreword to introduce each section
Amazon.com
"Metanational" is the term that Jose Santos, Peter Williamson, and Yves L. Doz--management and technology professors at the international INSEAD graduate school of business--coined to describe a new type of global corporation. It refers, they explain in From Global to Metanational, to "a company that builds a new kind of competitive advantage by discovering, accessing, mobilizing, and leveraging knowledge from many locations around the world." And as they unveil and dissect the concept, it becomes apparent that it may indeed be an apt description for those worldwide enterprises most likely to succeed in our rapidly changing times. Based on interviews with 36 companies from America, Asia, and Europe (including long-established firms like 3M and Toyota and newcomers like Acer and Shiseido), the authors describe innovative ways to efficiently tap into "pockets of technology, market intelligence and ... specialist knowledge scattered around the world," rather than relying solely on input from a home nation or a few select locales. They explore how trailblazers are identifying this information wherever they find it, parlaying it into new products, services and processes, and merging the result with all sales, distribution, and marketing efforts. Anyone involved in multinational business should find this both provocative and potentially useful. --Howard Rothman
Book Description
Becoming a global company once meant penetrating markets around the world. But the demands of the knowledge economy are turning this strategy on its head. Today, the challenge is to innovate by learning from the world .
This book provides a blueprint for companies ready to embrace this new globalization challenge. In
From Global to Metanational , international business and strategy experts Yves Doz, José Santos, and Peter Williamson introduce a radically different kind of company-the metanational-defined by three core capabilities: being the first to identify and capture new knowledge emerging all over the world; mobilizing this globally scattered knowledge to out-innovate competitors; and turning this innovation into value by producing, marketing, and delivering efficiently on a global scale.
The authors explain why traditional global strategies are no longer sufficient to differentiate leading competitors, what the knowledge economy means for managers, and why opportunities to leverage globally dispersed knowledge are growing. Most important, they outline exactly how managers can build a metanational advantage for their own organizations by:
* Prospecting for and accessing untapped pockets of technology and emerging consumer trends from around the world
* Leveraging knowledge imprisoned in a multinational's local subsidiaries
* Mobilizing this fragmented knowledge to generate innovations, profits, and shareholder value
Drawing from the experiences of pioneering metanationals including STMicroelectronics, ARM, Acer, Nokia, Shiseido, and PolyGram, the book shows how today's multinationals can use their existing global networks to gain an important head start in the global game-and how newcomers can leapfrog traditional competitors by rapidly building a new-style metanational corporation.
Must-reading for every leader-from the CEO of a new global venture, to the executive of a currently successful multinational, to the founder of an e-business startup getting ready to "go global"-this pathbreaking book shows how to reshape strategies to compete and win in the global knowledge economy.
AUTHORBIO: Yves Doz is Timken Professor of Global Technology and Innovation at INSEAD. José Santos is Professor of International Management at INSEAD. Peter Williamson is Professor of International Management and Asian Business at INSEAD's Euro-Asia Centre.[EBK1]
Customer Reviews:
The new small world.......2003-02-10
I was delighted to grab a better understanding on global competitiveness and the new productive opportunities provided by the Metanationals.
You don't know about it yet?? God, your business is under great danger...
Finding knowledge in unlikely places.......2002-09-26
What does a large company need to concentrate on for sustained success in a globalized world? Doz and his colleagues claim that it is to become metanational and to become good at innovating from a platform of bringing together knowledge from many different parts of the world. Metanationals differ from globalized companies in that they recognise that new ideas, products or directions may originate somewhere other than the corporate centre.
The focus of the authors is on innovation and they argue that this requires that the organization becomes good at :
* identifying where good ideas and special competencies are;
* mobilizing the often scattered capabilities and opportunities (they use the term 'becoming a magnet' for such capabilities); and
* optimising the size and configuration of operations for efficiency, flexibility and financial discipline.
This is a book that makes an important point about success in a globalized world, but presents one factor in success as if it was the whole. As with a number of books, I had an uncomfortable feeling that the content of a very good article was expanded into an only moderately good book.
The core message is important and useful. Organizations that operate on a global scale need to move beyond the extension of a unitary culture into new localities and recognise that new knowledge is found in unlikely places. They need to become excellent at recognising that knowledge, becoming an attractor for it, mobilizing it to provide a superior stream of innovations and operationalizing production, distribution and marketing into diverse markets.
The weakness is that the book is written at a fairly high conceptual level - for all the detailed example - that fails to get to grips with how to manage multiple cultures or the detail of innovation, or the issues of governance across countries. It also has surprisingly little on the major changes that are occurring in world consumer markets.
The book also falls into the 'one size fits all' trap. Issues of being effective globally are very different for a consumer fashion business, a high tech product or service industry and a major commodity business, but this is not recognised explicitly in the book.
Must reading for international business.......2002-07-23
This is one of the most refreshing books about managing multinationals that I have read. It goes one step beyond the idea of a transnational, proposing a new model of how a company can succeed by prospecting the world for new knowledge about technologies and customer behaviour and using this to innovate. It won't be easy to implement, but the last three chapters provide a good starting point about how to make it happen. I was convinced that if we didn't try and build a metanational we would simply be left behind.
Nostalgia for Globalization.......2002-05-20
The first two chapters tell you the picture and that is it. The kernel is summarized in a table at page 83 (end of chapter 3). Make a copy of this page, file it for later reference, and you are done. At best, this book reviews the vaunted wisdom of globalization, which many companies have been living at and dealing for years. At worst, it recites the squabbles between the global platform (the standardization) and regional initiatives (the deviations and the sensing ends). No specific solution or action is advised for the first & most obvious problem - how to transcend the intracompany transaction, which more than often bogs down companies attempting to quickly profit from the global learning.
Average customer rating:
- hurrah for heterodox economics
- mérçi Michael Storper
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The Regional World: Territorial Development in a Global Economy
Michael Storper
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Similar Items:
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Regions and the World Economy: The Coming Shape of Global Production, Competition, and Political Order
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Global City-Regions: Trends, Theory, Policy
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The Oxford Handbook of Economic Geography (Oxford Handbooks)
-
Economics of Agglomeration: Cities, Industrial Location, and Regional Growth
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The Spatial Economy: Cities, Regions, and International Trade
ASIN: 1572303158 |
Book Description
This pioneering volume proposes a compelling new theory of how regions have sustained their economic viability in the era of multinational corporations. Unlike traditional approaches, which analyze economic systems in terms of their mechanics (inputs, outputs, prices, technology, etc.), this work views them as systems for coordinating human actions and relationships. Reconceptualizing the role of learning, technology, and local institutions in development, Storper illuminates the key role of regional economies as building blocks of the increasingly connected world.
Customer Reviews:
hurrah for heterodox economics.......2001-06-12
maybe i'm better read now, or maybe this work is more relevant, but i found this work tremendously more readable than the capitalist imperative, which i tackled last fall. in this work, storper asks why we still have cities and agglomerations in an era marked by increasing mobility of resources.
one reason i like storper is because he eschews traditional urban economics, which i too find rigid and at times anachronistic. to counter location theory, storper argues that cities and regions, given the recent changes to capitalism, evolve along a path of cumulative knowledge, such that knowledge and learning gain economic value and hence competitive advantage. individuals, firms, and public institutions are codependent. knowledge creation is a process unique to cities/regions and even more compelling unique to individual cities/regions. while a few cities might be technology or financial hubs, their culture and inhabitants influence the way activities are conducted such that their output is also unique. therefore no recipe for economic development and policy can be given - you have to use your brain and think. cities are not machines, but reflexive entities which assume the characteristics of their constituent parts. he concludes, "heterodox regional economics, like economics in general, continues to be controlled by the metaphor of economic systems as machines, with hard inputs and outputs... this focus on economic development must now be complemented by another focus, where the guiding metaphor is the economy as relations, the economic process as conversation and coordination, the subjects of the process not as factors but as reflexive human actors, both individual and collective..."
mérçi Michael Storper.......2000-03-24
A proactive and creative work A refer it for all who wants to have a new- nontraditional- view about The Regional Economy. For all who wants to think about the future out of stereotypes.
Book Description
How to Globalize to Survive in the New Economy
At a time in which globalization impacts corporate strategy as never before, corporate leaders are challenged to consider all the implications of a new global economy. Characterized by a myriad of competing forces, this new global economy is highlighted by unprecedented advances in technology of all kinds.
With such unrelenting change blurring the view, corporate leaders need the benefit of the best thinking in order to focus on the right global strategies.
World View offers just such thinking, featuring examples of strategies and best practices used by successful companies worldwide in moving toward global markets. In his introduction to this collection of Harvard Business Review articles, editor Jeffrey Garten pinpoints five emerging themes:
* Operating in a global market requires CEOs to rethink every aspect of their strategies.
* The best strategies require that organizations gather massive amounts of information and process it effectively.
* Companies that succeed on a global scale are constant innovators, learning and implementing simultaneously.
* Great global companies create cultures conducive to extensive internal and external collaboration and networking.
* Radical change brings unprecedented opportunity to capture markets and enhance shareholder value.
Seeing globalization through the eyes of leading thinkers and executives who have mastered its challenges,
World View presents forward-thinking insights for corporate leaders determined to succeed in the always-new and uncertain global economy. A Harvard Business Review Book.
Customer Reviews:
Useful, but interesting for what it leaves out........2006-02-09
The thematic collections of articles from the Harvard Business Review are clearly popular enough to justify more. This one is on globalisation and its implications. As ever, the articles selected are well organised, with a useful short introduction.
As with several of the collections, the really interesting thing is what is not covered. To an observer, three of the things that are really uncertain in the global economy, with large potential implications for global strategy, are financial instability, the growth of consumer dissent and activism and the pressure to build environmental sustainability. The first two topics do not appear at all and the third is represented only by an interview with the CEO of a company that has since changed its name, apparently as a direct of result of customer backlash to its chosen path to sustainability.
The impression is of a book that represents a somewhat complacent corporate conventional wisdom, in which change will occur in ways that we understand and can, within limits, control and more radical possibilities are comfortably not in contemplation. The failure of the Kyoto conference has amply demonstrated this lack of vision. As AtKisson and Hawken have pointed out, the obvious response to the problem of global warming is a large - and, in even the medium term, potentially enormously profitable for someone - thrust to bring on the hydrogen economy. Yet, as far as one can determine from the reports, this solution was not even seriously raised, let alone debated.
A true 'world view' is likely to see strategies that are much more radical and much less comfortable for conservative business, than this collection seems to suggest.
Lessons of Globalization!.......2001-05-24
I am impressed on Garten's and his contributor writers telling MNCs past lessons trying to penetrate into Asia's markets in India and China. I find it interesting especially local companies tried to sort strategies since there are no longer consider as monopoly to counter-attack before they enter the market! This will give local producers to be much more competitive than before. Eventually, they repaired their reputation and efficient production and service than before!MNCs need to worry much especially they don't understand the Asian culture and taste! It may be a suicide mission if MNCs don't study the culture and the background of the country! Although the population in India and China approxed 2.2 billion doesn't mean that it is a 100% peneteration! These may find on Part 1: Emerging Markets and Part 2: Europe and Asia This book is highly recommended to Asian Small-Medium Entrepreneurship and asian big corporate companies as it is important to know how much competitive market as the world trade tariff walls declined! It is undoubtfully an excellent book!
Unique and Abundant Insights.......2001-02-11
Many organizations are now struggling to formulate global strategies for the New Economy. Garten has assembled sixteen different essays in which various experts identify a number of different strategies to consider and then suggest how such strategies could be implemented. The material is organized within four Parts:
Emerging Markets [eg Prahalad and Lieberthal on "The End of Corporate Imperialism"]
Europe and Asia [eg Williamson on "Asia's New Competitive Game"]
Corporate Strategies [eg Porter on "Clusters and the New Economics of Competition]
Leadership [three interviews: Victor Fung, Robert B. Shapiro, and John Browne]
Garten then provides Executive Summaries and About the Contributors, both sections giving the reader a frame-of-reference within which to evaluate the specific essays and their respective authors. Garten is eminently well-qualified. You are urged to check out another of his books, The Mind of the C.E.O., in which he shares what he learned from interviews with 40 CEOs of major global corporations.
In the Introduction, Garten identifies several "common themes" revealed throughout the sixteen essays: operating in a global market requires CEOs to rethink everything about their strategies -- even what strategy means in an environment which is changing so fast and is so brutally competitive; the best strategies require organizations that are set up for gathering massive amounts of information and processing it effectively; companies that succeed on a global scale are constant innovators; great global companies create a culture conducive to extensive internal and external collaboration; and finally, virtually all of the authors agree that change is brining unprecedented opportunity to capture markets and enhance shareholder value.
Who will derive the greatest benefit from this superb anthology of separate but inter-related essays? Obviously, the governing board members and other senior executives of global organizations (which include but are not limited to for-profits) as well as CEOs of companies which include one or more of the global organizations among their own clients. Also, business students at the undergraduate and graduate levels who seek a single-volume source of information and insight concerning global strategies for the New Economy. (Have you checked out the price of textbooks lately?) For those in need of additional sources, Garten provides an abundance of them in the "About the Contributors" section.
Those who share my high regard for this book should also check out Dun & Bradstreet's Guide to Doing Business Around the World (Morrison et al) and also, if relevant, Doing Business in Asia (Dunung) and/or The New Silk Road (Stuttard's observations on doing business in China). Having accurate and sufficient information is obviously very important but without an appropriate strategy, information cannot be effectively leveraged. Hence the importance of the diverse and abundant wisdom which is so readily available in this book.
What we are about to live.......2000-05-03
In this world of changes we must know our next future. This book brings us these informations. Garten handles a torchlight to the future of the world and organizations. It is surprising how he connects the wires and alll we have to do is just follow the line of the words. Undoubtfully is a great book.
Average customer rating:
|
Applied Evolutionary Economics And the Knowledge-based Economy
Manufacturer: Edward Elgar Publishing
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Binding: Hardcover
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ASIN: 1843769034 |
Book Description
This book focuses on knowledge-based economies and attempts to analyze dynamic innovation driven processes within those economies.
It shows that evolutionary economics, and in particular the strand of applied industry and innovation studies often called Neo-Schumpeterian economics, has left the nursery of new academic approaches and is able to offer important insights for the understanding of socio-economic processes of change and development having a strong impact on economic reality all over the world. The contributions are summarized under four major sections - knowledge and cognition, studies of knowledge-based industries, the geographical dimension of knowledge-based economies and measuring and modelling for knowledge-based economies - and give a broad overview of the prolific research being undertaken in applied evolutionary economics.
Amazon.com
Stan Davis and Christopher Meyer look at how three factors in the wired world--speed, connectivity, and intangibles--are driving the increasing rate of change in the business marketplace. Citing examples that include Mercedes-Benz automobiles, Otis elevators, and even Amazon.com, Davis and Meyer interpret how development in these three areas is causing the boundaries of other formerly distinct categories to blur. Once business tended to be either products or services. But what about a box that tracks your car if stolen? You are buying a product--a piece of electronics--but are actually receiving a service--the ability to track a stolen automobile. The distinction between buyers and sellers is also blurring; for example, in grocery stores vendors buy shelf space from the retailer but also sell their products to the store. Even the distinction between work time and home time is blurring with the development of Internet-powered home offices, where time can be used more flexibly. According to Davis and Meyer, blur should be embraced because it will only increase. The authors wrap up with 50 ways to add productive blur to your business and 10 ways to adapt to blur in your personal life. --Elizabeth Lewis
Amazon.com Audiobook Review
How do you see the world clearly when it's changing too fast for most of us to comprehend? Actor Jay Gregory's smooth, calming narration of Blur makes the blurring lines between production and service seem as simple and logical as a tape measure. This is an age in which you don't just sell a product to a customer, you have to be prepared to sell him an upgrade in six months. In other words, no product is ever the end product. Gregory makes this sound reassuring rather than frightening. If you're in business, you've got a blueprint for success. If you're an investor, this is the roadmap to the companies best equipped to profit off the rapid-fire economic shifts. (Running time: three hours, two cassettes) --Lou Schuler
Book Description
Stan Davis and Christopher Meyer look at how three factors in the wired world--speed, connectivity, and intangibles--are driving the increasing rate of change in the business marketplace. Citing examples that include Mercedes-Benz automobiles, Otis elevators, and even Amazon.com, Davis and Meyer interpret how development in these three areas is causing the boundaries of other formerly distinct categories to blur. Once business tended to be either products or services. But what about a box that tracks your car if stolen? You are buying a product--a piece of electronics--but are actually receiving a service--the ability to track a stolen automobile. The distinction between buyers and sellers is also blurring; for example, in grocery stores vendors buy shelf space from the retailer but also sell their products to the store. Even the distinction between work time and home time is blurring with the development of Internet-powered home offices, where time can be used more flexibly. According to Davis and Meyer, blur should be embraced because it will only increase. The authors wrap up with 50 ways to add productive blur to your business and 10 ways to adapt to blur in your personal life. --Elizabeth Lewis
Customer Reviews:
A Vision and Guide to the New Economy.......2006-03-09
This is a vision and possible reality of where our economy is headed. New factors are being driven by speed, connectivity, and intangibles. In other words, customers want it now, are looking to companies that fulfill broad desires, and demand an uplifting experience out of it. I appreciate their definition of an economy. "An economy is the way people use resources to fulfill their desires." One day we may see reference to the Value 500 instead of the Fortune 500 as the customers become more unified and knowledgeable. They offer 50 ways to adapt to this new paradigm. "Seek novelty forever."
Five Stars
Not to the point.......2003-10-08
The authors did start with some new interesting ideas but as I kept reading, I somehow could not relate those ideas to the instances provided in the book. The examples provided are not particular to BLUR scenario but are general in nature and applicable to existing models too.
If you read the 60 points of BLUR summarized in the last section, you can skip reading the entire book.
Overall OK but lacks strong correlation to subject idea.
Traditional Ideas spun for the out-dated dot com generation........2003-06-16
I have found that this book was a weak and uncreative attempt to brand "BLUR" as a modern innovation of conducting business when it has simply re-spun and devalued traditional business practices into a dot com unsustainable ideal. This book preaches that there is little need for the tangible bottom line for the intangibles of business out weigh the value of the actual assets. That may be partially true; however, what actually happens when that model is embraced is uncontrollable corruption in the market. If you are a beginner in the business world and have trouble reading, you will find a few good business ideas and examples within the double spaced, trivially written text. However, as it was published in 1999 most of the ideas are now a BLUR of the past. There are better books out there. Don't waste your time.
Personal Review.......2002-03-14
Authors Davis and Meyer bring forth their definition of BLUR. They give their perspective on the three ideas of Blur; speed, intangibles and connectivity. Very interesting view about their view regarding people and "BLUR". Actually, could have gone directly to the end of the book where they listed their top 60 ways to blur business and self.
Would recommend this book to anyone in business. Good information about how we should stay connected.
Great read of the future.......2001-05-05
The authors of Blur adeptly share their view of the quickly approaching future of business. Their speculations are built on three forces, speed, intangibles and connectivity, which they revisit throughout the book from many perspectives. One of the breakthroughs of this book is the idea of "offers," inextricably linked products and services. I found it interesting to try to come up with my own examples of offers, though the authors provided ample explanation and illustrations of their points.
In this new marketplace, the authors suggest organizations should take the "bacterial approach" - breed quickly, mutate often and let the environment decide your fate. In other words, create offers through combinations and mutations, put them in the marketplace and see whether they are accepted or rejected by the market. This is fascinating advice, and it seems sound.
This book not only addresses organizations of the future, but also individuals. The authors suggest that individuals market and invest in themselves as "free agents," putting their loyalty and effort toward their professions, rather than toward their employers. Connected individuals and their knowledge are becoming key organizing units - not the organization. Organizations must prepare for this.
Blur suggests a strategy for succeeding in this new marketplace by using "economic webs." The convergence of speed, intangibles and connectivity are allowing real goods and services markets to behave like financial markets. The authors suggest they should be handled similarly, with real time pricing, deregulation, symmetric product knowledge and future-focused valuation.
This book is an enjoyable and informative look at the present and future of business. Unlike some futures texts, which only take the present and exhibit it, this book has real, new ideas and strategies for taking our organizations and ourselves into the future successfully.
Books:
- Understanding Business
- Value-at-Risk: Theory and Practice
- Vinyl Leaves: Walt Disney World and America (Institutional Structures of Feeling)
- Wealth and Poverty (Ics Series in Self-Governance)
- When Genius Failed: The Rise and Fall of Long-Term Capital Management
Breakthrough
Five Minds for the Future
A Whole New Mind: Why Right-Brainers Will Rule the Future
The Knowledge Deficit
Turnaround Leadership (Jossey-Bass Leadership Library in Education)
