Waechter: Mind Map

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Work

Company values

Employee benefits/wages

decrease profits

decrease loyalty

Companies profit, nations don't

cheap labour

ethics

Domestic

Environmental issues

Transportation issues

Work from home (4 day work week)

New problems

New products

green products

New careers

Economy

Communications & transportation (ease of trade)

Trade services

Flat

Global

Wal-Mart

very affordable

impact on local economics

Subtopic

- impact

+ impact

very publicized

controversial

low benefits/wages

own employees can't afford products

laying the groundwork

Inventory access

Supply chaining

Wal-Mart very successful

copy catting

WWW

Communication

VOIP

social networks

blogging

podcasting

IM

email

Equalization of knowledge

credibility of resources

Search engines

search engine optimization

in-forming

credible resources

navigation

google

Web-enabled platforms

population

world catching up

Informing

Uploading

Wikipedia

credible resource?

YouTube

open source

Globalization

Increased global economy

24/7

Intellectual property

North American advantage

Insourcing

FedEx

UPS

UPS Capital

provide financing

Offshoring

cheaper products

> purchase power, lower wages

Outsourcing

Fibre-optic cable

seamless (behind scenes)

call centres

increase in jobs for some

lower wages

loss of jobs

higher value jobs

Homesourcing

JetBlue

Equalization eventually

equalization of wages

decrease work for some countries

increase work for some countries

Entrepreneurship

small businesses

require multi-taskers

lots of job opportunities

often overlooked by job seekers

unknown needs

new inventions

Creative opportunities + education

socialization

increased social skills required

More grad students required to be competive

Teachers/faculty/PhD

Higher education required to sustain economy

North Americans need to maintain competitiveness

China

Russia

India

zippies

liberal arts

integration of subjects

Math & engineering

high school students PISA scores

research funding

Higher education more attainable

strive to be "untoucable"

Technology

Steroids

WiFi

better outside North America

Consumers doing work for corporation

Work flow software

streamlined work

reduced repetition

Reduce unskilled jobs

Higher level jobs

Demographics

Immigration

flexible

Re-engineering of corporation

Transitory

Spiral

Retail

Gen X - box stores

Boomers - no box stores

Tourism

Real estate

home renovations

boomers: rec properties

Baby boomers

> Money, < time

afford more services

willing to pay for better customer service

Leisure & rec

gentler activities

walking

golfing

birdwatching

Stock market

investment in ideas/future

Health care

Decrease in workers due to boomers retiring

anticipated shortage of workers

Increased need

unwillingness to wait

two-tier system

unhealthy life styles

new health care professions

Ophthalmology

Cosmetic surgery

Baby-boom echo

9.9 M

shortage of workers

lifted mandatory retirement

Creativity

Education

combine technical with creative arts

better social skills

Passion

CQ + PQ > IQ

Make personal

new middle job