This book published on 2009. I borrow this book to refresh my business acumen. Many topics, mentioned in this book are still very effective.
About new economy, how are we facing the new economy and leave away from the old economy.
It's depends on our ages. If you are young, you may already in this new economy, that is shopping online, using mobile, not to work under a traditional hierarchy...etc. If you are old, you are experience this transition from old way to new one. That is difficult.
What is new?
those are about project-oriented, web 2.0 based, no bureaucracy, informative, everything are digitalized, open-source spirit, low cost and quality consideration...etc..
New continental is also on the elder market according to demographic profile changes. We should not expect our career in order or step by step.
Routine jobs are gone or at a lower wage.
Job meaning is changed. Job will be more flexible and project-oriented for problem solving..
Because problem is solved, so your value is demonstrated, then salary and job are generated, that is a reality we are experiencing.
For professionals, there are three issues below we need to concern to face the new situation:
1 To change the way we spend money
2 To change the time we spend.
3 The location of our living.
About MBA, don't expect too much on that. We can obtain the open course the learn almost every subject we want. I don't mean it is not important. I still cherish this process of education. I mean that degree is not a guarantee. All still need to experience in real business world.
New media impacts on new world and it accelerates to leave the old economy. So try to get familiar with You tube, Amazon... all kind of new new tools to improve and upgrade productivity. This is what we should adjust for fitting in new economy.