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The economy of a global village

1. 1. The Economy of a Global village  Summary Key Topics The Economy Today 5 Convergence Win or Loose How business consumes finance Business and Innovation 8 Issues and Problems How Finance Kills Innovation The incumbent always wins  The Internet Symmetric vs. Asymmetric Information 7 Global Change An evolution of change worldwide The Power of Win/Win How Collaboration causes success 8 Action Items The road map home The Economy Today How  musical chairs drives the aggregation of wealth Economics are  Investment Banking  The burden of debt unbalanced is not banking is placed on the Investment does  Business is choked public not like risk with debt and  Regulation and lack unbalanced risk of resources has cut off innovation and development How finance stifles innovation Capital abhors risk Innovation demands risk Industry requires continuous innovation to survive Human nature resists change Incumbents tend to win The Information AgeAlong comes the Internet  Information provides access to information equalizing the great divide  Technology bridges gaps leaving slow moving incumbents in the dust. The power of the Win / Win Or how Collaboration brings about a new economy Mankind is currently being driven to the brink of a worldwide economic collapse Never before has the cry for balance been more clear Environmental disasters are just beginning – even more and of greater economic and life impact are in our near future Human nature drives us to pull together during such times and a blueprint or framework laid out in advance will set the tone of our Convergence It is the nature of growth to converge It is part of the natural evolution of things to grow more complex and thus converge Life like human nature is a continuous process of growing complexity migrating into simplicity Economics are no different Business and Industry today has the tools to accomplish self financing
2.  Incumbents tend to win Or how disruptive innovation can overcome We resist change and thus tend to stick with what we know Incumbents depend on this Yet as Change is the only “Consistent” in the Universe we can rely on it to disrupt our comfort zone Challenge the patterns we fall into Converge and make the Complex Simple World Change Brought on by environmental change It would be hard to find an argument about the increasing frequency of natural and man- made disasters Weather alone has had devastating human, environmental, and economic impact Earth events such as Quakes, , Tsunami have also taken their toll Human caused events such as the Gulf Oil Spill and countless others are combining to cause massive losses and economic unrest A call to action The Metamorphosis Blueprint Get out of the box Think and Act with the power to create Your actions impact everyone take responsibility Break the chains of the Status