Shakespeare’s Brave New World was one that was inhabited by handsome, noble brutes– especially in the eyes of youthful Miranda who had noway seen similar people before and rather trusted her first prints. From there the expression came to be ironically used by Aldous Huxley to describe a romantic world state. And now in our own times, we use this to signify our advanced world and actuality where technology reigns supreme. The new stalwart world is one envisaged as the flat world by bestselling author Thomas Friedman who sees it as a global, web- enabled playing field that” allows for multiple forms of collaboration without regard to terrain or distance- or, soon, indeed language.” Now, how does this leveling of the world impact businesses? Though opinions are divided on this, the pros overweigh the cons.
The Cons
Friedman’s” playing field” is flat or position in the sense that there’s free inflow of information worldwide. This leveling has been made possible with the fast paced technological advancements. The world has come a much lower place with the tremendous explosion in communication systems. The information we need is at our fingertips. We admit information via correspondence, converse, blog and mobile phones to speak of a many information participating platforms. The fashionability of the Internet and easy availability of technology have proved profitable to small as well as large businesses across the world. The so- called borders have been disintegrated easing smooth communication. Businesses can now look to getting much more competitive.
It’s a Small World after All
The internet and mobile technology has made the world a small and cozier place to live in. Businesses can now enter new requests and reach out to associations anywhere in the world forging new connections and enhancing performance. Language was commodity that was a major interference before, hindering smooth business functioning. Now there are Internet restatement tools to help you out. Remarkable advancements have been made in speech and voice technology similar as those introduced by Google that’s bound to revise communication. Smartphones and other advanced business phones help businesses thousands of long hauls piecemeal to work together.
influence Skill and gift on a Global position
The conception of the flat world rules out the prospect of businesses performing in penetrable chambers. The entire world is lying open before you, staying for you to tap into the immense skill and gift available. It’s now easy to cut costs and invest more in core areas that can bring about business enhancement. Mobile, pall and social computing are the topmost improvements that help businesses serve from virtual services, with workers in far- out destinations. The outsourcing assiduity has endured tremendous growth with the globalization trend. With their guarantee of affordable labor, effective running ofnon-core business processes and round the timepiece functioning, business process outsourcing companies have earned the trust of indeed big businesses. These companies have an exceptional way of performing, rounding up trained and endured professionals from around the world and exercising the stylish technology has to offer. Businesses aiming to cut costs and work on a further global position, thereby perfecting productivity and profit could consider outsourcing some of their business processes.
There’s no mistrustfulness that global frugality has changed, it’s flat now and sooner or latterly all companies will have to reevaluate their business model if they still want to be around in a many times from now. Competitiveness will remain the appanage of those businesses that are sensitive to the trends in the request and change their business models consequently, to inhabit the stalwart new world.