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LEE SPITZLEY AND RICH YUEH A summary of The World is Flat: A Brief History of the Twenty-First Century, by Thomas Friedman
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Overview How the world became flat Ten forces Triple convergence The great sorting out America and the flat world Other topics Discussion Spitzley & Yueh 2012 2
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How the world became flat Spitzley & Yueh 2012 3
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Introduction Origins of Friedman’s inspiration International collaboration Research style Spitzley & Yueh 2012 4
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Ten flatteners 1. Fall of the Berlin Wall 2. Netscape 3. Workflow software 4. Uploading 5. Outsourcing Y2K Spitzley & Yueh 2012 5
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Let’s Discuss What psychological impacts resulted from the fall of the Berlin Wall? Removal of “barriers,” open global communication What is a modern day “Berlin Wall?” Has it been removed? / How can it be removed? Spitzley & Yueh 2012 6
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Ten flatteners Offshoring Supply-chaining Insourcing His term for domestic outsourcing In-forming The steroids Mobile devices, not BALCO Spitzley & Yueh 2012 7
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Let’s Discuss Are “steroids” a modern day “Berlin Wall?” Can in-forming be a bad thing? WebMD Spitzley & Yueh 2012 8
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The triple convergence Convergence 1: Workflow software integration Convergence 2: Adjustment to technology Convergence 3: New players Spitzley & Yueh 2012 9
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What’s next? Spitzley & Yueh 2012 10
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The great sorting out Connect and collaborate “Horizontalization” International laws and barriers Intellectual property Spitzley & Yueh 2012 11
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Let’s Discuss Case examples Victor’s data collection CMI AVATAR Qualitative research Interpretivism is creating knowledge about the inferences people draw from and the meanings people ascribe to the words and actions of others Phenomenon Horizontalization – all data has equal weight; qualities are described, experiences are linked, full description is derived Spitzley & Yueh 2012 12
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America and the flat world Ricardo’s comparative advantage Free trade Spitzley & Yueh 2012 13
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Other topics The right kind of work The value of education Synthesize, explain, leverage, & adapt Passion for learning Spitzley & Yueh 2012 14
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Let’s Conclude Reflect Adapt Learn to learn Spitzley & Yueh 2012 15
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General Discussion Spitzley & Yueh 2012 16
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Discussion Do you agree with his findings? What shortcomings does this book have? Research methods? Spitzley & Yueh 2012 17
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Implications as researchers Less than 10% of management research covers international management (Werner, 2002) Competition from other researchers outside the US Spitzley & Yueh 2012 18
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The influence on the US Leamer (2007) Spitzley & Yueh 2012 19
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What did Friedman miss? Distance! Cultural Less than 5% of phone calls are international Political and regulatory Less than 10% of direct investment is international Ghemawat (2007) covers many differences and how to adapt 88% of Fortune 500 firms had at least 50% of sales in their home regions (Rugman & Verbeke, 2004) Spitzley & Yueh 2012 20
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References Friedman, T. L. (2007). “The world is flat: A brief history of the twenty-first century.” 3 rd ed. Picador, New York, NY. Ghemawat, P. (2007). “Redefining global strategy: Crossing borders in a world where distances still matter.” Harvard Business School Publishing. Boston, Massachusetts. Leamer, E. E. (2007). “A flat world, a level playing field, a small world after all, or none of the above? A review of Thomas L. Friedman’s The World is Flat.” Journal of Economic Literature 45(1): 83–126. Rugman, A. M., and A. Verbeke. 2004. “A perspective on regional and global strategies of multinational enterprises.” Journal of International Business Studies 35(1): 3–18. Werner, S. 2002. “Recent developments in international management research: A review of 20 top management journals.” Journal of Management 28(3): 277–305. Spitzley & Yueh 2012 21
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