The East is Rising

I recently read e-book entitled "Extreme Competition" by Peter Fingar. It is very interesting to view based on current real situation and topic that I want to discuss. Anyway, today's world looks very different from the vantage point of where I currently reside here in Kuala Lumpur, Malaysia. It is a world full of infinite opportunities as companies seek to leapfrog the legacy of decades of slow development. It is a world with youthful energy and money being unleashed as one navigates the branded malls and restaurants coming up all over. It is a world where mobile phones connect people who never used a landline befor - and perhaps will never use a desktop computer, opting for more advanced mobility and wireless devices of all manner.

It is also a world where the services juggernaut in urban Malaysia is complemented by the largely agricultural rural economy, where hundreds of millions still live in plantation area. It's a world where the old still exists and, at times, even dominates the new. The contrasts may be stark, but there is one thing that is ubiquitous in this country: Optimism! For the first time in living memory, there is a belief that tomorrow will be better than today - from lot of Malaysian banner. That perception alone can make all the difference. I see not just the Old Malaysia of yesterday, but the New Malaysia of tomorrow. It is Malaysia that will be built in a world of extreme competition, and extreme opportunities-powered by transformations and disruptions.

Disruptions are technological shifts that can provide opportunities for newcomers to take on incumbents?and perhaps usurp their power. It happens all the time. Today's king is not guaranteed to be tomorrow's emperor. I have seen this in history and politics, and I also see it in business. While at times, incumbents hasten their downfall by questionable decisions (in retrospect), at other times entrepreneurial start-ups, with some luck, race their way to the top. While there is no magic formula, understanding disruptions and key trends is crucial for success. This is the journey Peter Fingar takes us through - from business process transformation creating real-time enterprises, to the combined buying power of the billions in the world?s emerging, underserved markets. Today's world is one of complexity, but a thorough understanding of the underlying principles can help in reaching new markets and customers.

I am a strong believer that there is a tectonic shift taking place in the world. The East is rising. And with a reverse brain drain of talent taking place from the West, innovations are now starting to flow from the world's emerging markets - with the potential to blowback to the developed nations. Today's non-consumers are becoming the new battleground - because their delight will shed light on the economic future of all nations. What is needed is an understanding of the present to build a vision of the future. Extreme Competition provides the needed framework to peer through the fog of today, and unravel the contours of tomorrow.

Next question - What is the benefit for us?