Activities include completing the chapter review, the Skillsoft courses, independent student reading, and research.
Review Ch. 1, "Business Driven Technology," Case, "The World is Flat - Thomas Friedman," of Business Driven Technology.
Complete the following Skillsoft courses:
- Thinking Like a CFO: Mind-set and Financial Priorities
- Thinking Like a CFO: Making Financial Decisions
- Thinking Like a CFO: Preparing and Presenting a Business Case
- Thinking Like a CFO: Managing Risk
- Capital Budgeting: The Capital Budgeting Process
- Capital Budgeting: Net Present Value and Internal Rate of Return
- Capital Budgeting: Discounted Payback Period and Profitability Index
- Capital Budgeting: Capital Allocation
- IT Strategy Essentials: Business and IT Strategy Alignment
- IT Strategy Essentials: Creating and IT Strategy Plan
- IT Strategy Essentials: Implementing and IT Strategy
Create a series of diagrams with text-based comments
based on Friedman's assessment, and justify whether you agree or not.
What effect does a flat world have for a person looking for a job? What
could you do to prepare yourself for competing in a flat world? Include
other flatteners not mentioned in Friedman's list.
As Friedman suggests, in a "flat" world economies are no longer
localized and bounded by political or physical boundaries. Rather, they
are global, and subject to global influences.
In this assignment, you are challenged to provide particular examples
(diagrams are better, but text is fine if you are not very comfortable
with diagrams) of how this happens in practice. Show how a particular
operation happens on a global scale. For example, if you order an iPhone
online from Apple in US, it is shipped direct to you from China. Many
of the items bought on Amazon or eBay end up being shipped from Hong
Kong, Bangkok and so on. If you call your bank, you may end up
talking to someone in Mumbai.
How does IT play an integral role in this process? What kind of skills are needed to survive in this kind of world ?
Can you identify additional flatteners that Friedman may have missed?
This particular book is quite famous and has had several reviews.
Some leading economists have challenged Friedman's views. You will be
able to find these points and counter points if you do a literature
search. Based on these, what do you think of Friedman's views?