25.09.2000 Turkish Daily News

Main Assets of the new economy

'The intuition will click.' According to Professor Güliz Ger from Bilkent University, intuition is crucial when it comes to making it in the New Economy, because when you leave the beaten track of the logic and convention of your so-called learned knowledge and instead follow the fingerprint of your personality, what you find is unique. And for Ger, competitive strategy is about being unique.

Is the New Economy yet another smart management term requiring you and your company to hire $ 500-per-hour management consultants telling you what you already know?

According to observers of the corporate world, the New Economy - where ideas and creativity are a company's main assests and the Knowledge Management Officer is a key executive - is the inevitable development of the information era. This era created a paradigm shift in communication and therefore in the interaction between people worldwide...

Follow your intuition, it is the fingerprint of your personality "I tell my students: 'Go and draw, do a music class, do yoga, anything to awaken your senses. Then intuition will click'." According to Proffessor Güliz Ger from Bilkent University, intuition is crucial when it comes to making it in the New Economy, because when you leave the beaten track of the logic and convention of your so-called learned knowledge and instead follow the fingerprint of your personality, what you find is unique. And for Ger, competitive strategy is about being unique.

In a paper entitled "Localization in the Global Village: Local Firms Competing in Global Markets," Ger states that the new global cultural system actively promotes differences instead of suppressing them. One of the reasons for this is that today's consumers draw from all available resources- global and local, new and old- as they use products to construct and communicate their identity, to relate to people, to mark social differences, to seek comperative status, and to pursue emotional aesthetic pleasures.

…once a company has located and mobilized the resources its news for its particular field it is time to dust off the intuition of its workforce, since transforming resources into something of unique value requires an innovative thinking in the conception of strategies are founded not only on analysis, but on insight and intuition as well.

But Ger does not welcome diversity just for the sake of diversity. Just because something is new does not necessarily make it better, and openin up to new ideas must be done with a reflection and comparing awareness, an awareness which ideally should be developed throughout our education.

"There is no such thing as the truth," Ger underlines and elaborates. "One thing can be predominant, but for the sake of our future and the future of our students, we should present them with alternatives, expose them to diversity and give them the ability to be critical and question this diversity."

Ger strongly supports abroad educational backround in several fields, where the students will have multiple cultural experiences and develop intercultural relations. In the post-industrial world people are generally very analytical. But neither analytical nor creative abilities can stand on their own. They must complement each other in a constant dialogue between the intuitive, creative and insight abilities and the logical, rational and analytical ones. Ger adds that as individuals we may not hold all these abilities at one time, but the awareness of the different aspects enables us to build up teams covering all aspects, teams where the individuals complement each other.

The question is not whether we want the New Economy; in Ger's opinion, it is inevitable, and personally she welcomes it. If they are dealt with respectfully and sincerely, Ger favors all aspects of diversity. Combined with a reflecting consciousness, diversity is both an opportunity and a resource in the New Economy…
 
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