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Jan30
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Cell phones change the way we approach business and at the same time literally rewire the human brain for very different transactions in business. What does that say for those in more traditional workplaces? Will it still be business as usual five years from now?
At CNN.Com we’re told that cell phones play a vital role in the developing world because they drive economic growth. Have you seen that happen?
Cell phone firms are raking in increasing chunks of change with subscriptions that have spiked since 2000. Are you surprised to see the Philippines grow into a global leader in mobile commerce, through cell phone sales, for instance?
Apparently more than 4 million people use cell phones to make purchases or transfer money – although far wealthier countries, other than Japan, still summersault to catch up.
Cell phones have spiked fivefold since 2000, to 1.4 billion at the end of 2005, according to the U.N. International Telecommunication Union. This nearly doubles the 800 million subscriptions in more advanced parts of the world.
McKinsey & Co. report that raising wireless penetration by 10 percentage points can lead to an increase in gross domestic product of about 0.5 percent, or around $12 billion for an economy the size of China.
Yet have you wondered how this expanding mobile network also brings less obvious benefits. Take Vietnam, where the economy grows 8 percent a year, since the government expanded cell phone coverage to its 64 provinces.
As more people buy cell phones, and as more economies grow, a younger generation will build business opportunities in new markets based on how the brain wires in response.
Each time you text message, to stay in touch with contacts, connect to the Internet or conduct business, you build new neuron pathways fro another way of doing business. As your brain finds ways to save costs, prepay expenses, build credit history, or build a data bank for fast access to an address list, you rewire your dendrite brain cells for a business model that looks very different.
That’s because what we do with the cell phone daily, shapes the human brain for what you will step out to do the following day. Over the next decade, that reshaping of human brains will shape even newer market places far more extravagantly than most realize.
Is this shaping and mental rewiring a good thing at the rate it’s happening in the cell phone industry? See problems or possibilities with today's rapid growth curves in cell phone use, from your own workplace position?
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Jan30
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Jan29
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Jan28
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Jan27
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Jan26
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Jan25
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Jan24
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Jan23
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Jan22
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Jan21
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Jan20
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Jan19
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Jan17
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Jan16
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Jan15
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Jan14
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Jan13
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Jan12
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Jan11
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Jan10
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Jan 9
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Jan 7
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People might forget what you say or do at work, but few will forget the way you draw them in with the passion you stir for progress. Bring passion to significant projects or take yourself out of them, because progress rarely happens...
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Jan 5
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Jan 4
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Jan 3
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Jan 2
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Social networks seem to have leapt out of nowhere, but they are huge and promise to get even bigger for those in their loop. Social networks have jumped onto blogs, for instance, and these exchanges are changing the way people...
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Jan 1
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Have you noticed that people who move forward with a noble vision, often make mistakes that lead to new possibilities – while others allow mistakes to define them and give up? Why do we fear making mistakes, and why do...
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