A major topic of discussion is climate change. President Bush included it in his State of the Union speech yesterday. Many people mentioned that it is one of the warmest winters in Davos.
What this means is that it’s time to take global warming seriously. Developing countries need to grow their industries and give citizens access to hydrocarbon fuel cars. There will be increased use of natural resources in developing countries. I look forward to an interesting debate on this subject between developing counties and developed countries at Davos.
There is a quiet change happening. The blogging phenomenon is becoming as important as TV. With people becoming citizen journalists, companies will have to look at new models of collaborations with individuals. People may work on research projects in partnership with companies. Depending on how countries and societies accept it, it will reform governance processes. The role of NGOs will increase and they may become a watchdog, a governance mechanism for society.
Companies like Infosys have a role in transforming companies in the Web 2.0 environment. These are early days. I think the definition of ‘flat world’ will evolve in the next 2-3 years.
I believe we have an opportunity to help companies move towards Web 2.0. At Davos, we can make connections with people who have similar perspectives, views and goals.
Kris Gopalakrishnan - President, Chief Operating Officer and Joint Managing Director, Infosys Technologies Ltd
Hello Kris,
Thank you for your post. I do indeed think that as Web 2.0 is incorporated within a wider array of companies its effect will likely be felt not only in the area of managing collaborative projects, the kinds of employee value propositions companies offer and how they manage talent, but also in terms of how the broader society engages with the company and corporate governance systems and vice versa.
Our developing 'flat' world will allow for both internal integration of corporate institutions and their increasing fluidity -- not just global spread.
Vibha Pingle
Posted by: Vibha Pingle | January 24, 2007 at 16:06
Dear Kris
D2-Banking is an example of advanced Web 2.0 solutions in development: www.mi2g.net/cgi/mi2g/d2banking.php
There is plenty of scope to work with players like Infosys.
Best wishes
DK
DK Matai, Chairman
The Philanthropia, ATCA, mi2g.net
Posted by: DK Matai | January 24, 2007 at 12:37
Dear Kris
I agree with you in regard to Web 2.0 opportunities and we were very impressed with the Infosys team in London recently in regard to this collaborative development. There are a number of projects we are working on in this area in regard to banking as well as philanthropy and social entrepreneurship.
Best wishes
DK
DK Matai
The Philanthropia, ATCA, mi2g.net
Posted by: DK Matai | January 24, 2007 at 12:13