27 July 2008

Lessons from the Future

It has been some times ago when i posted up an English article on my blog..haha..so today, i will bring u(my blog readers), a special review on a new non-fiction book, written by a futurist, Wolfgang Grulke.

As we can see, with the fuel price hiking up to RM2.70 per litre, and the Consumer Price Index(CPI) has rose to 7.7%, way higher than the predicted 6.6% to 7.0%, one day u might see that there will be tens of thousands unsold goods in hypermarkets. If this continues, the national economy structure will collapse.

So, this futurist gives us some professional insights, on how to survive in the next century.

1st lesson:
Skills vs Knowledge
The world is marching into a knowledge-based economic model. The people are paying more attention on knowledge in book, but neglect the importance of having the proper skills to practice the theory.

2nd lesson:
Bye-Bye IT, Welcome Bio-technology
At the brink of 21st century, we witnessed the IT revolution has sweeped the whole world into the "world of chips and binary". But, in the next 20-50 years, we could see the bio-technology as the second revolution. Our era has a paradigm shift into genetic engineering, and GM food. Plus, from the Human Genome Project developed by the States, we can see the future belongs to Biotechnology.

3rd lesson:
Self-controlled Economic Model
Everyday, most of the people are facing multiple choices to be made. So, the personal financial planning based economy will be a huge transform from the past centred-controlled economic model. This occurs mainly due to the easy access into the Internet and wide range of communication method that we can see today. That's explain why the new friends network website, Facebook creator is just a 23-year-old young adults, and he is one of the richest man in the world.

4rd lesson:
Leadership quality in demands
With the increasingly complicated enterprising structure, leadership quality is no more an advantage for a worker. It is a MUST. This is because the CEO of the company is not going to become the one and only decision-maker.

5rd lesson:
The Butterfly Effect

The physicist defined this as "the unpredictable, the unthinkable, the unexplainable situation". The unknown is where the chances or opportunities lie. We cannot rely on our past experience totally to predict what will happen in the future. This is because in the past 10 years and the coming 10 years are actually changing faster than we could have ever imagined. Think out of the box is going to be the motto of success, rather than "experience is the mirror for today."

6th lesson:
Humility is the best policy
Keep yourself humble. Figure out the worst situation that could have happened in every decision u made. Learn new and practical things fast. Try to "see the future".

7th lesson:
The Blue Ocean Strategy
Imagine this, you are a fish, in a blue ocean, there is a place where u can have many food. So, as time goes by, more fish come over. And, when the supply is not enough, competition will begin. They kill each other. This is the analogy for the Red Ocean Phenomena.
The solution, try to look for another place for food. This will in turn brings out a higher surviving probability.


[Adapted and modified from Sinchew Business]

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