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National Institute of Government Purchasing
California Chapter - "A Taste of National"
Lakewood, CA.

Thursday, March 15, 2001

The Future : How it will impact
Public Sector Purchasing Professionals

Speaker - Jim Pinto

How will new age technologies, global markets and legal/ethical/moral issues affect Public Purchasing Professionals? The rules of the game are changing, and the driving principles of the new economy constitute a revolution in the way business operates.

The new age has arrived - three technology laws are driving the new economy:

  • Moore's law : Computer power doubles every 18 months
  • Gilder's law : Bandwidth doubles every 12 months
  • Metcalfe's law : Effectiveness increases exponentially with connectivity

Individuals and companies worldwide are now electronically linked. The rules of the game are changing. The driving principles of the new economy constitute a revolution :

  • Matter : It matters less - processing information is more powerful.
  • Space : Distance has vanished - the global village is here.
  • Time : Instant interaction is critical.
  • People : The knowledge-worker is the major asset.
  • Growth : Accelerated by technology
  • Efficiency : Infomediaries replace intermediaries.
Stock Market:
  • A mirror of progress and change.
  • Capital markets and market-valuations.
  • Affect on the public sector.
Global Markets:
  • The global village.
  • Where are the suppliers and consumers?
  • The dichotomy of local politics vs. global markets.
  • B2B e-commerce trends.
  • Affect on public sector purchasing.
Public sector impact:
  • How will the new economy affect the Public Sector?
The Human Genome Project:
  • A significant new inflection point with revolutionary and startling consequences for humans and life as we know it.
Lifespan extension:
  • Technology will enhance biology through the virtual elimination of disease and significant increase in longevity.
  • Fringe-thinkers are already discussing trans-human and post-human societies.
Get ready for change:
  • The new millennium brings with it enormous changes in all areas of human consciousness.
  • Significant philosophical, ethical, moral, legal, sociological and spiritual questions must be answered.

Feel free to get in touch with Jim Pinto. The best way to get in touch is by e-mail. You'll always receive a reply within a couple of days.

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Telephone (direct-line) : (858) 353-5467

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