China formally joined the world trade organization

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December 11, 2001 – China formally joined the World Trade Organization, which meant Beijing agreed the same global rules governing exports, imports, and foreign investments that most countries follow. The Ten Forces That Flattened the World The Ten Forces That Flattened the World
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ASIMCO Technologies – an American auto parts manufacturer in China has the following African proverb, translated in Mandarin, on the factory floor: Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be eaten. Every morning a lion wakes up. It knows it must outrun the slowest gazelle or it will starve to death. It doesn’t matter if you are a lion or a gazelle. When the sun comes up, you better start running.
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Ever since China joined the World Trade Organization, both they and the rest of the world have had to run faster and faster.
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Flattener #7: Supply-Chaining Eating Sushi in Arkansas No one has a more efficient supply chain than Wal-Mart. Of course, ruthless commitment to low prices has down sides. No company epitomizes the tension between the consumer in us and the laborer in us more than Wal-Mart. Point-of-sale terminals linked by satellite continuously keeps track of sales at each location allowing for optimal inventories. Florida stores know exactly how much beer and pop tarts to stock just before a hurricane. The Ten Forces That Flattened the World
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Flattener #8: Insourcing What the Guys in Funny Brown Shorts Are Really Doing The Ten Forces That Flattened the World
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UPS – Not just delivering packages anymore. It is synchronizing global supply chains large and small. They will tell you to drop it off at a UPS store and have it shipped to Toshiba. They will repair it and ship it back to you. What really happens? -- It goes to a UPS-run workshop dedicated to computer repairs at the UPS Louisville hub. Eaten Papa John’s Pizza lately? -- UPS dispatches the drivers and schedules supply pickup and delivery. If you own a Toshiba laptop under warranty and it breaks and you call Toshiba to have it repaired…..
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Flattener #9: In-Forming Google, Yahoo!, MSN Web Search The Ten Forces That Flattened the World
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Flattener #10: The Steroids Digital, Mobile, Personal, and Virtual Taking all forms of collaboration highlighted here – outsourcing, offshoring, open-sourcing, supply-chaining, and in-forming – and making it possible to to each and every one in a way that is digital, mobile, personal and virtual . In Japan you can get uninterrupted wireless internet service on your computer or cell phone while traveling on the bullet train at 150 mph. The Ten Forces That Flattened the World
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You must be Special ( like Michael Jordan or Bill Gates ) Specialized ( specialized lawyers, brain surgeons, cutting edge software engineers ) Anchored ( jobs done at a specific location, involving face-to-face contact, that can not be digitized ) Really Adaptable ( constantly acquiring new skills, knowledge, and expertise that enable you to constantly be able to create value )
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  • Spring '10
  • Various
  • World Trade Organization, Technological Innovation

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