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World Trends
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Naisbitt cited the example of China’s unprecedented growth in the past two decades. As a faculty member at the Nanjing University in China, Naisbitt has observed the expansion of this economic giant first-hand. More and more, he sees the decentralization of China’s global economy fueled by the emerging class of entrepreneurs.

Many cities in China are developing their own international airports to compete with one another and in the process, escaping control of the central government in Beijing. As Naisbitt sees it, China is regrouping at a higher level and it is flourishing.
In the United States, voters watched candidates in the 2004 presidential elections carefully fielding questions on the decentralization of our own economy in the form of two seemingly innocent words: offshore outsourcing.

At the forum, Naisbitt freely expressed his strong perspective on the matter. He questioned why, according to U.S. public sentiment, it was okay for professional sports teams to offshore talent, but it was considered an outrage for U.S. companies to offshore cheap labor for menial tasks?

There is a simple answer, according to Naisbitt: “[offshoring for sports talent] helps our team win.” As Naisbitt sees it, the same thing is true economically for businesses.

“When we offshore talent, it helps our companies win, it’s no different,” he said “That ought to be celebrated.”

Offshore outsourcing, he said, is also regrouping at a higher level. Naisbitt defined this new era as the “mass customization of talent.” Companies and organizations – much like professional sports teams – will draw specialized talent at from all over the world in a greater capacity. There will be more competition among offshore talent making them better and ultimately more desirable and necessary.

“With talent becoming an interchangeable global commodity, education assumes paramount position…” said Naisbitt. “In today’s global economy it becomes the number one economic priority.”

Though he concluded briefly on the topic of education, it left the greatest impression upon the forum participants. The following panel and question-and-answer session focused heavily on the rejuvenated impetus for quality education.

http://www.jaims.org/News/050204_Naisbitt_forum.html
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Messages In This Thread
World Trends - by acharya - 08-11-2006, 04:53 AM
World Trends - by acharya - 08-11-2006, 04:57 AM
World Trends - by acharya - 08-11-2006, 05:01 AM
World Trends - by acharya - 08-11-2006, 05:21 AM
World Trends - by acharya - 08-11-2006, 05:25 AM
World Trends - by acharya - 08-11-2006, 05:32 AM
World Trends - by acharya - 08-11-2006, 05:59 AM
World Trends - by acharya - 08-11-2006, 06:05 AM
World Trends - by acharya - 08-11-2006, 06:10 AM
World Trends - by Guest - 08-28-2006, 02:00 AM
World Trends - by Guest - 09-20-2006, 12:41 AM
World Trends - by dhu - 09-20-2006, 11:44 PM
World Trends - by acharya - 11-14-2006, 06:41 AM
World Trends - by ramana - 11-15-2006, 12:33 AM
World Trends - by Guest - 11-15-2006, 12:45 AM
World Trends - by ramana - 11-15-2006, 08:09 PM
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World Trends - by acharya - 11-16-2006, 01:31 AM
World Trends - by Capt M Kumar - 04-06-2008, 06:25 PM
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