China and India
This seems to be the hot topic, not only amongst economist and politicians these days, but also designers. This article from core77 is about The Top 10 Myths & Truths about Design in China. With the world's biggest population emerging as a player in the global market, with a 8-9% growth in GDP, everyone needs to know how they should adapt. With society becoming more and more integrated into a global mela, if you don't adapt to the dynamics of the new world market, then you are surely to be left behind. Does this mean everyone should learn Mandarin and how to cook noodles? YES! Ok, maybe or maybe not. Maybe you should all learn Hindi/Urdu, cause they are also kool yaar. India is behind China in its growth and its effect on the whole world, but it is filled with just as many smart and innovative people, and isn't far behind. Unfortunately, I don't see Pakistan anywhere near. We are too busy eating mangoes.
The point is that this can become a double edged sword for people in the so called developed world. 2 Billion+ people (India and China) will begin to merge significantly into the mainstream world economy in the next 20 years. This means more demand and innovation, but also more competition and outsourcing. Add to that the growing integration of the internet into businesses, and we have a rapidly changing world. There's a need to understand how people in different countries and cultures and sub-cultures will use/react/accept/reject a product or service. So you have to see how you can take advantage of this situation as opposed to the people who will get run over. You want to be the person pointing at them and laughing! Muahahahahahahah. Just learning their languages might not be enough or even necessary; but understanding how to target your ideas, your business or service towards these markets is whats essential.
Also, since these two countries are facing an economic boom, and will continue to rise over the next decades (obviously with a few slumps here and there due to instability), that shall put and increasing pressure on the price of oil (which is already at a ridiculous level) and its importance. And who has oil and who wants to get control of it? Well, we all know the answer to that. ;)
The point is that this can become a double edged sword for people in the so called developed world. 2 Billion+ people (India and China) will begin to merge significantly into the mainstream world economy in the next 20 years. This means more demand and innovation, but also more competition and outsourcing. Add to that the growing integration of the internet into businesses, and we have a rapidly changing world. There's a need to understand how people in different countries and cultures and sub-cultures will use/react/accept/reject a product or service. So you have to see how you can take advantage of this situation as opposed to the people who will get run over. You want to be the person pointing at them and laughing! Muahahahahahahah. Just learning their languages might not be enough or even necessary; but understanding how to target your ideas, your business or service towards these markets is whats essential.
Also, since these two countries are facing an economic boom, and will continue to rise over the next decades (obviously with a few slumps here and there due to instability), that shall put and increasing pressure on the price of oil (which is already at a ridiculous level) and its importance. And who has oil and who wants to get control of it? Well, we all know the answer to that. ;)
posted by fahd | 4:37 PM
1 Comments:
Very nice article Fahd. I m impressed. I dunno wat else 2 say...but it was pretty good considering "you" wrote it ;)
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