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One of streaming media s strengths is in distance-learning applications. There is some hope that with mobile and satellite Internet coverage, streaming distance learning applications could deliver enlightenment to even the remotest reaches of the planet, cross-fertilizing ideas and cultural influences internationally. Education is one of the most effective tools in eradicating ignorance, prejudice, bigotry, and parochialism. Streaming media provides an effective tool for education. Richard Stiennon, research director for Internet security with Gartner, cites lack of education and wholesale illiteracy as reasons why terrorist groups are readily able to find legions of disaffected people willing to sacrifice themselves in terrorist actions. He also says better education and higher literacy have the potential to lead to a more peaceful age and that easy access to information has already proved to be a liberating influence. To this I would add that the ability of streaming media to provide telepresence experiences helps to dispel notions of how different from one s own the lives of one s perceived enemies are. When the Berlin Wall came down, people on each side were astonished to learn that those on the other side were more similar to themselves than they had been brainwashed to believe. With understanding comes empathy. With empathy comes compassion. With compassion comes the cessation of inhuman acts toward other human beings.

For centuries we have stored our collective learning and knowledge in books. With a book, an author can speak to a reader, mind to mind, across the centuries. Streaming media technology affords us an improvement on this knowledge recording technique. What better way to document the intellectual artifacts of our civilization than using streaming media It is a digital representation, so long-lived methods of storage, relatively immune to degradation, can be sought. Streaming media will record not only the words of an author, but also the modulations of his or her voice and even the nuances of body language. Not only is streaming media a potentially robust and rich way to store and archive our knowledge capital for posterity, it is also a very good way to disseminate knowledge today. Companies often wish they knew what they already know, meaning that it is difficult to teach a company s collective experience to new employees. Streaming media offers a way.

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So the supply chain organization was mostly focused on procurement, with enough planning capability to determine what needed to be purchased And not everyone within the organization was as highly skilled as what was needed for the environment in which we operate Mendez used the Supply-Chain Operations Reference-model (SCOR) (see Core Discipline 2), to build the roadmap for his organization and for the group process-improvement efforts He developed a threephased plan to be executed over two years Then he began to restructure the supply chain organization, taking on responsibility for demand management, repair, and product support He knew that his title of senior vice president made the task easier My title helped me cut through a lot of red tape, he says, but so did the fact that I was able to clearly demonstrate the benefits of an integrated organization.

EXHIBIT 8-6

Streaming media undoubtedly has the potential to speed up the pace of business. In the first place, audiovisual material often delivers messages more succinctly and with greater clarity than the written word does. Secondly, avoiding travel and using the instant global reach and high richness of streaming media, cross-site decisions can be made in minutes rather than days. The ability to collaborate globally means progress comes more rapidly. Streaming media, as a business tool, acts as an accelerant.

Streaming media allows two-way surveillance, but sometimes one of the parties doesn t make the other party aware he or she is being watched. In fact, a third party can also tune in without either party s consent, unless digital rights management and encryption are used. Therefore, streaming media has the potential to seriously degrade individual privacy, especially because streaming media technology also lowers the cost of surveillance. On the other hand, it is possible to trade personal data for media access or other goods and use cloaking proxies like www.anonymiser.com, which allows streaming media consumers to hide their identities. With all transactions that record data about consumers in databases, there is the risk of stealing people s digital identities, data corruption and inaccuracies, unauthorized data access, and malicious use of data. This issue is not peculiar to streaming media. Data abuse and the overly simplistic interpretation of data about people is something that the Internet, in general, will have to solve, as will the offline users of such data in everyday life. Where streaming media technology could help is in providing rights protection for individual consumers of their private data. Symmetric digital rights management is considered important by both the MPEG-21 standards body and the IETF. This is a healthy sign, though only time will tell if rights management becomes truly symmetric, or if the powerful parties prevail at the expense of individual consumers.

palmOne s new supply chain organization was set up as a global organization with localized capabilities Mendez s staff included a direc-.

10, the intrinsic value dropped by 25 percent from $88.03 to $66.13. The cash flows associated with this decreasing growth rate scenario are shown in the custom pro forma screen (Exhibit 8-7).

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