Thoughts on the accelerating evolution of business models

Photo courtesy of ©iStockphoto.com/jpsdk

Thoughts on the accelerating evolution of business models, and the related psychological stages / ‘fear levels’ that we go through

In the past, economics, life and business evolved at a slower (than today) pace. At the time (then) it didn’t feel like it, but then we didn’t really know what was coming.

Today it feels like are we are traveling at speed on the motorway, with our head out the window, having only last week been enjoying leisurely drives down picturesque country lanes. The chances of a life endangering crash are now higher; you get to take in less of the surroundings as you hurtle along, but there’s still the thrill of the ride, while it lasts.

While we need to concentrate on the driving, it is important however still to be clear on the next part of the journey – hence (away from the analogy!) one needs to consider how the increasing pace of business and economic change is impacting one’s future development.

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Current interests

Photo courtesy of ©iStockphoto.com/DrAfter123

Beyond work related topics, there are a number of other topics that also interest me at the moment, including:

  1. Ideas, innovation and creativity, both individually and collectively, including crowdsourcing
  2. Disruptive technology and disruptive business strategies
  3. Social media developments, and how they impact communication and collaboration
  4. Globalisation and Capitalism 2.0 (or 3.0, etc. – whatever you want to call it …)
  5. ‘Popular sociology/psychology’ (eg, topics raised by Malcolm Gladwell and others)

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The ultimate labor market?

The trend known as ‘globalization’ tends to be the cumulative effect of many small, incremental steps. Once in a while there are technical innovations which result in a step change, or acceleration of globalization – the advent of shipping, flight, etc. Computers have also supported the increasing complexity of business, enabling more complex (but still economically and chronologically viable) sourcing solutions to be developed.

Recently I came across a website which, while relatively simple, appears to me to have potentially astounding consequences for globalization: peopleperhour.com.

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Thoughts on the apparent differences in iPad pricing in different markets

Steve Jobs announced the iPad in January as being “a magical and revolutionary product at an unbelievable price.  Starting at $499.”

Whatever your views are on the product, whether it is magical or revolutionary, it was quite easy for anyone, anywhere in the world to see that prices (to US customers) started at $499. Fact. Sort of.

Prices were announced just recently for the launch of the iPad in a further nine countries, including some in Europe, and there has subsequently been a fair amount of discussion in the blogosphere about whether non-US customers are being abused, or taken advantage of, that an ‘unfair’ premium might be being charged to non-US customers.

While this is not impossible, there are some differences between the prices, and other matters for consideration, which I set out in this post, that need to be taken account of.

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Thoughts on globalisation (written October 2005)

Globalization – Who wins, and who loses?

“Globalization”, in particular the increase in trade across the globe, is not a new occurrence.  It has been occurring over several centuries already, beginning with the trading of key natural resources and continuing into the last century with international trade (export/import) of, mostly, finished goods.

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In the last decade Globalization has become ever more prominent driven by the growth in the role of emerging markets such as China, India, and Latin America, and the trend for producers to source different parts, not just whole finished goods, from different locations depending on their cost competitiveness. These changes have been created by improved technology and focus on reducing trade barriers. Globalization has also become a source of much media attention and raises emotional arguments due to its fundamental impact on the daily lives of people across the globe.

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