Sunday, May 1, 2011

The next three flatteners

Thomas Friedman mentioned three other flatteners in this section of his book. The flatteners are:

Uploading: Friedman states that it is the process in which individuals or communities have the ability to put information on the web. The easy access to the internet gives us the opportunity to create different great things. The example that he uses to show how great this process can be is Wikipedia. According to Friedman, this flattener has the potential to be the most "disruptive" of all.

Outsourcing: this was a useful tool that allowed companies to split their services and departments into different components, allowing for cost-efficient work to be dealt with in cheaper prices. Friedman’s example on this part is India. He explains how US companies outsource jobs to Indians trained at the Technology Institutes. He shows that this process does not get in the way of American companies, but is a great way of saving money, as well as creating jobs in developing markets.

Offshoring: it is the process of moving a company’s factory abroad. The reasons behind that might be different reasons such as cheaper labor, better tax rates or better trade barriers. This is what the manufacturers think about outsourcing and their perspective about it. 

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