The
MBA program in Supply Chain Management
at NC State University is unique among business schools.
With the support of the Supply Chain Resource Consortium,
an industry/university partnership, the program brings
the industry into the classroom, involving students,
faculty and supply chain professionals in finding
solutions to the real industry problems. This project-based
approach to education reflects the new model for business
schools described by Peter Drucker.
For
more information...
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Peter
Drucker...
"Management is a practice, like medicine;
and the model should have been the medical school,
where the bulk of the teaching, especially the most
important teaching of the M.D. in his or her residency,
is performed by practitioners. Unlike medicine, where
you can bring sick patients into the classroom, business
education does not allow you to bring an organization
into the classroom. You can, however, bring experience
in through your faculty and students. Business educators
should be out as practitioners where the problems
and results are." |
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5/29/03
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The
Global Information Economy
Compiled
by
Kelly Wright, SCRC
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Between
2000 and 2001, China’s spending on information
and communications technology grew faster than
any other country, 27%.
The
following is reprinted with permission from the
World
Information Technology and Services Alliance
(WITSA) and contains content we feel may be beneficial
for SCRC members. The consortium is made up of
global IT
associations and was founded in 1978.
Digital Planet 2002: The Global Information Economy
Several trends in the Information and Communications
Technology (ICT) marketplace have converged to
slow the pace of customer spending in the last
18 months: economic recession, stock market contraction,
international terrorism and the September 11 attacks,
widespread business caution and project deferrals,
and an oversupply of telecommunications capacity.
As a result, the global ICT marketplace grew between
2000 and 2001, but slowly. Spending reached $2.4
trillion compared with $2.3 trillion the previous
year. During the same period, the ICT marketplace
in the U.S.—the largest such market--witnessed
virtually no growth, while typical countries saw
spending gains of five percent.
Digital Planet 2002 is produced by the World Information
Technology and Services Alliance (WITSA) based
on data provided by the International Data Corporation.
It provides the single most comprehensive reference
on global ICT spending. While the slow down in
such spending over previous years was quite pronounced,
several other important trends are identified
and discussed in the publication:
| • |
China
emerged as the world’s fastest growing
ICT nation with a compound annual growth rate
of 27 percent. Countries in Eastern Europe
also saw significant ICT spending increases.
These data suggest that countries in the developing
world are committed to modernization through
ICT investment. |
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The
software sector experienced 100 percent growth
between 1995 and 2001, exceeding any other
ICT sector. For developed countries with a
substantial installed base of computer hardware,
the spending emphasis on computer software
is quite logical. Over 50 percent of all software
is sold in North America. When the question
shifts from total dollars spent to total percentage
of regional ICT budgets, the Middle East/Africa
spends a greater percentage of every dollar
on software than any other region. |
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The
Internet and e-Business continue to gain momentum.
An additional 123 million people joined the
online community in 2001, bringing the total
to 522 million. The total number of e-Business
users also saw significant gains, with business-to-business
spending up 83 percent and business to consumer
spending up 64 percent last year. |
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While
year-to-year total ICT spending demonstrated
a small increase, the global market jumped
from $1.3 trillion in 1993 to $2.4 trillion
in 2001. The compound annual growth rate over
that span is 7.6 percent. |
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ICT
as a percent of global GDP nudged up a mere
one tenth of one percent, to 7.6 percent.
ICT as a percent of GDP has gained two percent
since 1993. ICT as a percent of GDP lost ground
in the U.S., from 8.2 percent in 1999 to 7.9
percent last year. |
The
digital haves and have-nots remain a concern, with
the top 10 information economies representing 80
percent of the global ICT marketplace and the bottom
10 representing less than one percent. The trend
is the same in e-Business, where eight of the top
ten Internet commerce per capita countries are found
in either North America or Western Europe. China
represents a strong example of a developing country
committed to economic expansion through ICT investment.
Since 1993, the Chinese share of the global ICT
marketplace has grown two percent; the U.S. lost
two percent in the same period. China’s B2B
spending is 60 times larger than its 1999 level.
China also enjoys the largest compound average growth
rate of personal computers in schools.
Despite the economic slowdown, the future for global
ICT remains bright. Factors critical to continued
expansion will include the on-going build out of
the Internet and associated technologies, consensus
on intellectual property protection issues, privatization
of infrastructure, continued adoption of e-Business
models, harmonization of international laws on taxation,
security and the like, and the determination of
developing countries to achieve the productivity
benefits of information technology.
For additional information about Digital Planet
2002, WITSA or the global ICT marketplace, contact:
Allen Miller
Executive Director
WITSA
1401 Wilson Blvd., Suite 1100
Arlington, VA 22209
703-284-5329
amiller@itaa.org
www.witsa.org
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