Date of issue : Friday 14th 2000f April 2000
April, 14, 2000. No 4.
This is a monthly virtual magazine for the thinkers and doers of the 21st century.
This magazine is free of charges with a “right to copy”.
Editor: Mario Raich, Ph.D.
In the New Economy people skills will be more valued for their creativity, their thinking skills, relationship management, networking skills and capabilities; which means that the 3rd
millennium could well be a women’s millennium.
Irena Raich, the Managing Director of Raich Ltd. has Ukrainian roots, but she is born and grown in Poland and has spend the majority of her life in Switzerland, has written an article about the role of the women’s in the 21st century.
She says that it is time to include the talents of the women into the development of the economy and the society. She claims that the “emancipation” should now be replaced by a true and genuine partnership between the genders.
There are some tough words for both genders in this article.
According to Forrester Research companies did $ 43 billion in business with each other over the Internet last year. By 2003 it will rise to $ 1.3 trillion, accounting for 9,4% of total business-to-business sales.
On the other side: In 2003, the US will account for roughly 50% of the Internet-based commerce, compared with 75% in 1998. (International Data Corp.).
The US boom is only the start of a global surge.
A recent study from Giga Information Group Inc. Argues that the cost savings globally through business use of e-commerce will rise from $ 17 billion in 1998 to $ 1.25 trillion in 2002. The US companies will reap half the long-term benefits.
Asia lags behinds Europe, but with its enormous markets, it may have a better chance of thriving in the New Economy.
What we need is the US financial-innovation machine spreading to Europe and Asia, in order to have an era of global New Economy Growth.
The University of Texas gives access to solid information on the internet industry, with facts and figures and links: www.internetindicators.com
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Intel wants to shift from hardware supplier to internal infrastructure provider. In relations to this new strategy Intel plans to create five e-business labs and is linked for this purpose with Icon Medialab in Sweden, Integra in France and will create alliances with three UK consultancies.
It looks like the convergence of traditional retailers and internet start-ups is the next big thing in the new economy. So has Kingfisher invested £ 3m for a 7.5% stake in ThinkNatural.com.
This trend will be reinforced by the latest development on the stock exchange.
Self-Motivations is one of the big secrets of success. A short article helps you to work on your self-motivation.
The International Who’s Who Congress 2000 in Vancouver was an important place for new insights and for networking. The presentation “Managing in the Knowledge-Based Economy” was very well received. As a consequences our editor Mario Raich was invited as a speaker to the Who’s Who Congress in Copenhagen in September 24-27, 2000. He will present the topic “Managing in the New Economy: People and Practices.”
You will find the second part of the graphs from 'Managing in the Knowledge-Based Economy'.
In the research work on the “Management Practices in the New Economy” we have came across more fundamental changes than we have anticipated, therefore the second part of the article “Managing in the New Economy” will be ready later that we have anticipated.
The virtual Magazine “Knowledge Economy” is free of charge.
We hope you will use our magazine as a platform for the dialogue between the academic research and the business application.
We use a policy of “Right to copy”. For details look at section 7 “Research” in the issue No. 1, 2000.
Please pass our magazine to your friends and business partners.
Thank you.
Mario Raich
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