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Sunday, May 4, 2008

Location does not matter in a Flat World Economy

IBM Boulder executive Larry Longseth writes about the talent pool in Boulder and how Boulder can leverage this to run globally-integrated businesses. In an all connected world, when the same outsourcing options are available to all cities and the supply-chain advantage from global suppliers is no more a strategic advantage, why does Longseth think "Boulder, perhaps more than any other U.S. city, is extremely well
suited to take advantage of the substantial opportunities that
globalization affords savvy businesses."

It is arguable that one city is more suited than the rest, but Longseth has a valid explanation:

While other cities must first face hurdles like improving economic
conditions and quality of life before they can even begin thinking
about competing on a global scale, Boulder is ready today.

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