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anonymous

Social Media: The New Path of Economics and Marketing « Lorelle on WordPress - 0 views

  • Part of her work in developing educational standards for writing social media training materials, Liz explains that we are walking down a totally new path of economics and marketing which is returning to the “culture of a village” and changing the whole marketplace. You can watch from the outside or jump in - either way, you have to understand that this is the same as business techniques of the past while being totally different. In her words, “Can you spell paradox?”
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    I am getting more and more interested in how the web is changing how we connect and from social groups. There are powerful social currents forming under our feet and if educators don't get connected to these currents we will become just foam on the surface.
anonymous

SPENT - 0 views

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    Economics interactive game. Can you live on minimum wage for a month?
anonymous

It's the P.Q. and C.Q. as Much as the I.Q. - NYTimes.com - 0 views

  • When the world gets this hyperconnected, adds Mundie, the speed with which every job and industry changes also goes into hypermod
  • In the old days,” he said, “it was assumed that your educational foundation would last your whole lifetime. That is no longer true.
  • More and more things you know and tools you use “are being made obsolete faster
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  • those with more education start to earn much more than those without it, those with the capital to buy and operate machines earn much more than those who can just offer their labor, and those with superstar skills, who can reach global markets, earn much more than those with just slightly less talent.
  • How to adapt? It will require more individual initiative. We know that it will be vital to have more of the “right” education than less, that you will need to develop skills that are complementary to technology rather than ones that can be easily replaced by it and that we need everyone to be innovating new products and services to employ the people who are being liberated from routine work by automation and software.
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    In a quickly changing technology and social world developing relearning skills are critical.
anonymous

Twenty-two power laws of the emerging social economy | Enterprise Web 2.0 | ZDNet.com - 0 views

  • There is a time for big picture thinking and there is a time for details in business and IT, the latter which make business and technical strategy a reality and the former which provides needed direction and focus
  • Today’s new economic baselines (the downturn, green business, etc) are requiring that we find ways to accomplish our goals using fewer resources
  • This is the growing realization that the traditional rote business transaction as the core source of organizational value is diminishing and value is now coming from relationship dynamics.
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    There is a time for big picture thinking and there is a time for details in business and IT, the latter which make business and technical strategy a reality and the former which provides needed direction and focus.
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