The Death of Distance Frances Cairncross Exeter College, Oxford Tel Aviv, August 31 st 2005.

Slides:



Advertisements
Similar presentations
The World is Flat Friedman, T. L. (2005) The World Is Flat. Farrarr, Straus and Giroux, New York, NY.
Advertisements

Demographic facts and their trends can impact you and your business as we climb out of the recession?
YOU AND THE WORLD OF WORK
Uncertainty and Volatility in Global and Domestic Markets Robert B. Engel President & Chief Executive Officer December 6, 2010.
3.4 Understanding work in the national and global economy.
Did You Know.... Sometimes size does matter. During the course of this 7 minute presentation...
World Consumption Project Giovanni Santangelo. Questions 1). What country has the largest column? What are the reasons that you think that this country.
Relevance of Marketing Concepts to Indian Companies
The Information Revolution 6 th Grade High-Skilled Careers #1 (Microsoft, 2011a)
Today’s World Section 1. Today’s World Section 1 Preview Starting Points Map: World Per Capita GDP Main Idea / Reading Focus Economic Interdependence.
Ozarks Technical College - Career Round Up February 16 th, 2006 Dr. Howard Jones University of Missouri—Columbia Office of Social and Economic Data Analysis.
Globalization and Development Some Observations. Economic Growth Economic growth helps the growth of middle-class populations in developing countries.
Naor Gilon Ambasciatore Ambasciata d' Israele The Israeli Innovation story 2014.
Globalization and Information Technology
The 21 st Century Global Economy Standard 2.19,
North Carolina Vision 2030 > A Plan for Accelerating Job Growth and Securing North Carolina’s Future.
Presented by : Nadine Youssry Soha El-Baktoushy Walaa Samy Presented to : Dr.Nagwa Mohamed.
SS7E7a,b,c.d The student will describe factors that influence economic growth and examine their presence or absence in Israel, Saudi Arabia, and Iran.
The U.S. Economy: A Global View Chapter 2 Copyright © 2010 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
2 Read to Learn How the workplace is affected by forces such as changing technology and the global economy How to evaluate job outlooks when making career.
Exploring the World of Work
The Global Economy “Its All Relative” Copyright © Texas Education Agency, All rights reserved.
LOUISIANA Wrap-Up Chapter 3 Louisiana’s Economy
Career Ready! Workforce Ready! Preparing for Your Career 1.
Chapter 2 The Marketing Environment. Learning Objectives Understand the importance of monitoring change in the marketing environment Describe how trends.
The Economy & politics Chapter 13.
The Effects of Globalization. At the beginning of the twenty-first century, the world was divided over a number of political, cultural, and economic issues.
Globalization Pg Globalization Globalization – the process by which national economies, politics, cultures, and societies become integrated with.
Globalization Terms.
1.To know what a population pyramid is 2.To understand what challenges and opportunities there is in relation to population growth 3.To be able to suggest.
Final Thoughts The Future of Our Industry The Global Envelope Conference June 4-6, 2007 Berlin, Germany.
YAY!!!. Objectives: How to distinguish between a job and a career How your job can affect your lifestyle Why people work SECTION 1.1.
Is Retirement Obsolete?
Economy: the complex of human activities concerned with the production, distribution, and consumption of goods and services the management of the resources.
Unit 7 – North and South Lesson 41 – People in the North.
Objectives Describe the development of the computer and its impact on business and industry. Analyze the impact of new technology on communications. Explain.
OBJECTIVE: EXPLAIN THE CAUSES AND EFFECTS OF THE INDUSTRIAL REVOLUTION WITH EMPHASIS ON- THE GROWTH OF INDUSTRIALIZATION AROUND THE WORLD. THE LASTING.
CS 110: Introduction to Computer Science Frequently asked questions about a CS major and CS career.
China Deng Xioaping changed China’s economy by making it market-oriented. Thirty years ago, the government controlled China’s economy. The reform that.
Controversy 10 Is Retirement Obsolete? (c) 2011, SAGE Publications, Inc.
The United States in a Global Market Memory Reed Harris County High SchoolJune 2008.
Exploring American History Unit X – Modern America Chapter 31– America Looks to the Future Section 3 – The Road Ahead.
Economic Growth 08 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Economy: the complex of human activities concerned with the production, distribution, and consumption of goods and services the management of the resources.
Chapter Four There are three basic economic questions which must be answered in order to determine the type of economy a nation has.
Factors of Production in Asia
The 2050 Economic Outlook: How the Software Revolution, the Global Middle Class, and the Climate Will Shape Our State.
Chapter 2 – Economy and Development LMAC Mr. Wilson.
The Global Economy “Its All Relative” Copyright © Texas Education Agency, All rights reserved.
The Human Population and Its IMPACT 7,000,000,000 and counting... How big is 7 billion?
Factors that affect financial decisions. Family factors  Family structure  Income level  Lifestyle  Size  Age  Stage of life cycle  Health status.
Chapter 20 The Global Economy. Global Integration  Definition – Interdependency among the countries of the world, especially within financial markets.
Multinational corporations and Financial markets
 We will compare and contrast employment opportunities in the free enterprise system with other world economic systems  We will identify five new directions.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 1 SLIDE Satisfying Needs and Wants Economic Choices.
McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved The U.S. Economy: A Global View Chapter 2.
The Impact Of Multi-National Companies Edited by Sirjan Singh MYP11G.
Chapter – 8 Modern Management Concepts. BUSINESS PLAN In the Business Plan, the manager determines how the business will be established, what is the purpose.
ACCA F1 – Accountant in Business Lecture 4&5 Dr. Randolph Metz-Johnson
Demographics and Change
Unit 5 Part 1:The 21st Century Global Economy
Population Structure and Dynamics
Business Organization
Economy: the complex of human activities concerned with the production, distribution, and consumption of goods and services the management of the resources.
Warm-up: List 5 things you, or your parents, have purchased recently
Warm-up: List 5 things you, or your parents, have purchased recently
Business Organization
The United States in a Global Market
Advertising, Branding, and social media
Trade and Globalization
Presentation transcript:

The Death of Distance Frances Cairncross Exeter College, Oxford Tel Aviv, August 31 st 2005

This presentation looks at... The changing world environment The impact of a new technology

Prediction can be difficult... Television will never be a serious competitor for radio because people must sit and keep their eyes glued on a screen; the average American family hasnt time for it. The New York Times, reporting the 1939 Worlds Fair

…but not impossible Asked in 1898 what he thought would be the decisive factor in modern history, Otto von Bismarck replied: The fact that North Americans speak English.

The changing world - A new balance of power

The changing world - A new balance of power A new balance of demography

Four views of the future: World population projections Source: UN

Globally, more old, fewer young

Israel 2000 – and 2050 A tale of two pyramids Source: US Census Bureau

The changing world - A new balance of power A new balance of demography More competition for natural resources

Oil pressure

By 2030… -Developing countries will account for almost 2/3rds of the increase in global oil consumption -China, which became a net oil importer in 1993, will import 74% of its oil -OECDs share of global oil demand will decline from 59% in 2002 to 47%

The coming scramble for oil: Global oil-import dependency Source: OECD

Water pressure

The changing world - A new balance of power A new balance of demography More competition for natural resources New technologies

Death of distance

Three great transport revolutions: Goods in the 19 th century People in the 20 th century Ideas in the 21 st century

Communications technology: –Increases access to information –Forces global thinking –Makes networks matter –Creates new products –Makes markets work better

- bringing changes in…. -our working lives -our social lives -our economic lives -our political lives

New working patterns: –The office as factory

New working patterns: –The office as factory –The office as club –The home as production unit

…and also –New kinds of job (did your university train web designers?) –More part-time, more all-the-time –Top talent – or no talent

The mini-multinational

New social lives: –The power of Googling (internet dating the biggest subscription sites online) –The constant conversation –Ratings, advice, gossip: a global garden fence

New social lives: –The power of Googling (internet dating the biggest subscription sites online) –The constant conversation –Ratings, advice, gossip: a global garden fence –Bye-bye privacy

New economy, new world for companies An end to inflation A new deal for consumers A new managerial revolution

The consumers invention

The Company of the Future: Technology shapes companies: -Most people expected too much too soon -The big changes are within companies - -and between companies

The second managerial revolution

The changing world for business: New ways to reach consumers – especially corporate consumers New ways to purchase New business opportunities New competitors

The worlds factory

The worlds office IT and BPO employment in India *ForecastSource: NASSCOM

A new political order The power of the diaspora The competition for citizens A new role for government

Is Distance really Dead? -Inexpensive communications bring enormous changes and opportunities. But…

Location still matters - -when goods/ inventory are needed quickly -when high-quality human capital is essential -when uncodifiable knowledge requires people to meet -when deals are done

What implications for Israel? -superb at reducing the drawbacks of distance -high-quality human capital -relatively young population -widespread use of English -clever use of diaspora