Tuesday, May 19, 2009

It Is A Global, Internet Economy

On December 31, 1999 we talked about the dawn of a new millennium, the Information Revolution, and the importance of IT.

Things have changed since then and changed fast:

  • The incredible speed of information exchange
  • The vast amount of facts we must know
  • The huge scale of a globalized marketplace
  • The unpredictable impact of the Internet on business

The immediate and daily impact of these trends on local economies means your business has changed in the last 3 years, and will keep changing again every 3 years... whether you know it or not.


Change is the one constant.

Darwin's statement holds true that it is not the most intelligent, nor the strongest that will compete and survive... it's is those who are most adaptive to change.

What is overlooked as well is that it is a global, and it is an internet, marketplace... it's both. It is not about technology or globalization; it is about their combination and interaction.

  • 96% of the world’s consumers are outside of the U.S.
  • 86% of Internet Users are outside of the U.S.... and growing at 10 times the rate of U.S. growth
  • You Tube and Skype each have virtual populations larger than Mexico, UK, and Italy combined
  • 400 million Indian consumers will demand new housing in the next 20 years
    - more real estate than the U.S. has built since the second world war
  • 24.5 million new Chinese households will be classified as middle class by the end of 2008



Lots of folks might really be tuned into internet technology, cool web 2.0 practices, and how to use an iPhone. Many others are international experts, speak lots of languages, and talk about import/export.


But who has both perspectives? Who has combined them to see the real trends affecting real businesses in this global, Internet, economy?


Who is involved in daily and intimate conversations with business leaders and business organizations at a "grassroots", warm-blooded level around the world, to dial-in the real problems that real business leaders deal with everyday?

IntellaCore has a unique point of view, because we are positioned at the critical intersection, at the crossroads, where very few are... that place where the global economy meets the Internet and Communications Technology (ICT).It is a simple fact that every company operates and competes in a global, and an Internet, marketplace.

The answer is not to “Go Global” . The answer is to “Be Competitive” in this "Globalized Marketplace."

What are you doing to lead a competitive business successfully in the 21st century?

Do you know what you don't know?

Once you know... what are you going to do about it?

What's your game plan?

Read what a leading Business Expert observed:


"I recently spent a day speaking to more than 100 owners and managers of private businesses... The majority of the attendees were not doing well in a globalized economy...

The good news: almost all of the attendees “got it” in terms of understanding the need to re-conceptualize themselves and their business models...

The bad news: even in the face of declining results, the vast majority of the attendees have no intention of changing their behavior or their business models... they were too tired, too old, too poor, etc. to make any meaningful changes. In effect, they intend to keep drawing a salary until they are forced to shut the business down.


"Wow."

Here is another statement:

"... as the world economy becomes larger and more interconnected, many Americans feel totally disconnected. They are being flattened in this new flat world. Nowhere is this quiet desperation more pronounced than in the private business segment.... At best, America's privately owned businesses are getting only half the benefits of globalization.

"So what?" you might be asking yourself. Well, if our private companies aren't globally competitive, then they're in trouble. And if they're in trouble, we're all in trouble. Privately owned businesses generate more than 50 percent of America's gross domestic product and account for 80 percent of new jobs... we should be alarmed: Currently about 75% of owners of private businesses are not increasing the value of their firms. I'll say it again: If the private business sector fails, America fails."


-Rob Slee 2006

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