Globalization In The Book: The World Is Flat By Thomas Friedman

1708 Words7 Pages
Executive Summary
The world is flat is a book by Thomas Friedman that provides an overview of globalization. It is an historical and geographical journey from the days of Columbus to modern day Indian call center, from great depression to the home of a common USA housewife demonstrating the pervasiveness of the world-flattening trend. The book illustrates that in today’s era to remain competitive in global market for any company, country and individual the geographical distance is inapplicable. He suggests government business and individual who must stay ahead of these trend to remain in market.

However, Pankaj Ghemawat has argued on this book. According to him people country and businesses are bound by national borders. He argued on the fact
…show more content…
He believes that the flattening of the world is the result of the various forces like collapse of berlin wall, Netscape, work flow software, uploading, outsourcing, offshoring, supply chaining, insourcing , information , digital devices etc.
Friedman in his book also describe the effect of the globalization and how one can keep up with the pace of the globalization. He identify skill has become more important than national boundaries in determining the opportunity in his life. Freidman suggests focusing educational efforts on four skill sets to help young people prepare for the increased competition they will face in the future. Due to the amount of new technology constantly being created, people must learn continuously otherwise, they run the risk of quickly becoming outdated and remain behind in this globalized world. He also tells how the company can leverage from the globalization. Each company is driven to be more creative and innovative, or risk falling between the
…show more content…
He calls Flat World's new horizontal collaboration "just a nice name for the ability to hire cheap labor in India." For instance, Indian techies had the manpower and ambition to do the "huge, tedious job" of fixing the West's Y2K computer bug, giving India a rise of IT business that Friedman calls "a second Indian Independence Day." But India's Y2K windfall could be read just as easily as a sign of dependence, of reliance on tasks that American workers no longer want. Friedman rightly notes that "low-wage, low-prestige jobs in America . . . become high-wage, high-prestige jobs" when outsourced to India. But in an era where, as Friedman puts it, both pride and humiliation get served up to you via fiber-optic cable, it's not at all clear we'll like the long-term geopolitical consequences of having emerging powers reliant on scraps from the American economic

More about Globalization In The Book: The World Is Flat By Thomas Friedman

Open Document