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Thursday, February 02, 2006

The World Is Flat/Friedman 357-362

358 For the average company, you are doing well if 25% is core competency and strategic and really differentiating, and the rest may continue to do and try to improve or you may outsource.

360 The ability to dream is here, more than in other parts of the world. The nucleus of creativity is here, not because people are smarter—it is the environment, freedom of thought. The dream machine is still here.

Rule #6 The best companies outsource to win, not to shrink. They out-source to innovate faster and more cheaply in order to grow larger, gain market share, and hire more and different specialists—not to save money by firing more people.

360 I am outsourcing to win, not to save money.

362 If I don’t meet their needs someone else will.
362 The best companies are finding ways to leverage the best of what is in India with the best of what is in North Dakota with the best of what is in Los Angeles

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