Hilary McLelland wrote a piece at Saratoga Media on Competitive Intelligence, where she talks about New York Times Columnist Thomas Friedman and his book, The Lexus and the Olive Tree: Understanding Globalization.
The short piece, "Competitive Intelligence in a Global Communications Age," talks to information arbitrage and story telling as ways to help people understand this new and more diverse world we live in. Information arbitrage refers back to the practice of people who would buy a currency in one market and sell it in another, based upon knowing that there was a difference in value. Or, it could be pork bellies. With information is it the same way. You have some of value and you recycle it to someone else, for whom it is of even greater value.
Might be worth a read.
Regards — Cliff
2 years ago