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- Herausgeber: Business Book Summaries
- Kategorie: Fachliteratur
- Sprache: Englisch
The must-read summary of John Naisbitt's book: "Global Paradox: The Bigger the World Economy, the More Powerful Its Smallest Players".
This complete summary of the ideas from John Naisbitt's book "Global Paradox" answers a fundamental question: what is the global paradox? In his book, the author explains that as the world economy expands, the smallest elements (right down to the individual) will become ever more significant. The global paradox is a framework for developing an insight into the world as it is today and how it is moving towards tomorrow. This summary includes John Naisbitt's analysis of the consequences that this global paradox will bring, as well as its contradictions and implications.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "Global Paradox" and discover how the economy is changing and what this means for you.
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Seitenzahl: 34
Veröffentlichungsjahr: 2013
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Book Presentation: Global Paradox by John Naisbitt
Book Abstract
Important Note About This Ebook
Summary of Global Paradox (John Naisbitt)
1. Global paradox
2. Powering the paradox: telecommunications
3. Travel: the world’s largest industry
4. New rules of conduct for the 21st century
5. The Chinese commonwealth
6. Asia and Latin America
7. The emerging global order
Book Presentation: Global Paradox by John Naisbitt
Book Abstract
Main Idea
The global paradox is that as the world economy expands, the smallest elements (right down to the individual) will become ever more important and significant.
The global paradox is a framework for developing an insight into the world as it is today and how it is moving towards tomorrow. From this perspective:
New political and business standards are evolving which are based on the expectations of tribal or local practices.Tourism is the direct result of the communications revolution, and is responsible for driving the biggest industry in the world.The economic viability of any country is directly related to the extent to which leaders provide an opportunity for the small parts to contribute to the whole.The facilitation of entrepreneurship is the key requirement of leadership (both business and political) in the future.With the present state of the world, there are now more opportunities than at any other time in history.Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
Summary of Global Paradox (John Naisbitt)
1. Global paradox
Main Idea
The larger the world economy becomes, the more powerful become the smallest countries.
Supporting Ideas
In the past, the Group of Seven countries (U.S.A., Japan, Italy, Canada, United Kingdom, France and Germany) held all the most important economic assets. In effect, the fear of the Soviet Union allowed these countries to dominate world economic events.
However, with the fall of communism and the advance of technology, there has been a strong move towards the formation of smaller countries which are politically independent but linked economically in strategic alliances with other countries. This is a trend which will accelerate in the future.
The same concept is happening in business. Large companies are now restyling themselves into networks of entrepreneurs in linked but autonomous units. At the present time, Fortune 500 companies account for only 10% of the U.S. economy. The other 90% is generated through small and medium-size companies. (More than 50% of all U.S. exports are created by companies with less than 19 employees. By contrast, only 7% of exports are created by companies with more than 500 employees).
As economic integration moves along these lines, the small units become proportionately more important. The advantages of being able to do business once held exclusively by the major companies are now becoming available to the smallest one-man operations. The consequence of this is that as the world economy expands, small- and mid-sized companies will dominate.
Small companies lever their advantages through entering into strategic alliances with suitable partners. This can give the small, responsive operator huge advantages over the big companies.
Other factors which are fueling the growth of small companies are:
The removal of trade barriers means small companies can effectively compete with the largest companies in the world.Computer and telecommunication advances have leveled the playing field quite significantly. Small companies can be state-of-the-art.The deregulation of financial markets gives small and medium companies access to capital they never had before.Consumer tastes are converging through television. This creates demand for more choice, opening up niche markets around the world.Small companies can achieve quality standards as high as the majors.Working for a large bureaucracy no longer holds the prestige it once did. Many of the best and most skilled people in any field are starting their own operations.
