The Three Great Eras of Globalization

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The Three Great Eras of Globalization

• 1492 1820 Globalization 1.0
• Exploration and colonization drive success
• Countries think globally to thrive
• 1820 2000 Globalization 2.0
• Collaboration between international companies
• Companies must think globally to survive
• 2000 Present Globalization 3.0
• Individuals and small groups globalize
• Driven by diverse group comprised of all
  nationalities

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Part II Act Locally
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National Problems
1. Development of labor skills does not satisfy
the job markets. 2. Structure of labor
population is not appropriate to modern labor
development.
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Cycle of Industrial Evolution and Job Markets
for New Industrialized countries ??

• 1960 1969 Labor Intensive
• 1970 1979 Capital Intensive
• 1980 1989 Capital and Technology Intensive
• 1990 - Knowledge Intensive (Capability to
• cope with change)
• 2000 - Age of development for sustainability

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Structure of Labor MarketClassical vs Diamond
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70
85
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Remarks

• Continuous learning is necessary for everyone in
  every career
• In the age of the WWW, the job characteristics is
  a World-Wide-Work
• Talent is not important than best practice
• The important skill is coping with change
• Career and life-style are effected on each other.

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