We are currently living in the 21st century – the Information Age. Corporation targets to go global,where technology plays the most important role. The Corporation is undergoing radical transformation, the new Industrial Revolution.
Many factors, from the need to expand beyond national borders to the inexorable shift toward intellectual capital, are driving change, but none is more important than the rise of Internet technologies which provides accessibility to information--instantaneously, from anywhere and ideas can be zapped around the globe in the blink of an eye. Adapt and management of corporation via the Web.
Thus, the corporation will need to nurture an array of formal and informal networks to ensure that these ideas can speed into development. In the near future, companies will call on outside contractors to assemble teams of designers, prototype producers, manufacturers, and distributors to get the job done. Emerging technologies will allow employees and freelancers anywhere in the world to converse in numerous languages online without the need for a translator. ''The gap between what we can imagine and what we can achieve has never been smaller,'' says Gary Hamel.
The 21st century Corporation, in contrast, is far more likely to look like a web: a flat, intricately woven form that links partners, employees, external contractors, suppliers, and customers in various collaborations. The players will grow more and more interdependent. Fewer companies will try to master all the disciplines necessary to produce and market their goods but will instead outsource skills--from research and development to manufacturing--to outsiders who can perform those functions with greater efficiency.
By using information to manage themselves and better serve their customers, companies will be able to do things cheaper, faster, and with far less waste. To keep ahead of the steep new-product curve, it will be crucial for businesses to attract and retain the best thinkers. The company of the future will call on talent and resources--especially intellectual capital--wherever they can be found around the globe, just as it will sell its goods and services around the globe. The Internet is a tool, and the biggest impact of that tool is speed.
At the very core of the 21st century corporation is technology, or what most people today call digitization. Put simply, digitization means removing human minds and hands from an organization's most routine tasks and replacing them with computers and networks. Digitizing everything from employee benefits to accounts receivables to product design cuts time, cost, and people from operations, resulting in huge savings and vast improvements in speed.
The truly great 21st century companies will recognize that the real power of technology is not just the ability to make a business more efficient but also its potential to spark transformative change. Much of that change will involve the company's relationship with its customers.
Reference:
http://www.businessweek.com/common_frames/ma_0035.htm?/2000/00_35/b3696011.htm
Many factors, from the need to expand beyond national borders to the inexorable shift toward intellectual capital, are driving change, but none is more important than the rise of Internet technologies which provides accessibility to information--instantaneously, from anywhere and ideas can be zapped around the globe in the blink of an eye. Adapt and management of corporation via the Web.
Thus, the corporation will need to nurture an array of formal and informal networks to ensure that these ideas can speed into development. In the near future, companies will call on outside contractors to assemble teams of designers, prototype producers, manufacturers, and distributors to get the job done. Emerging technologies will allow employees and freelancers anywhere in the world to converse in numerous languages online without the need for a translator. ''The gap between what we can imagine and what we can achieve has never been smaller,'' says Gary Hamel.
The 21st century Corporation, in contrast, is far more likely to look like a web: a flat, intricately woven form that links partners, employees, external contractors, suppliers, and customers in various collaborations. The players will grow more and more interdependent. Fewer companies will try to master all the disciplines necessary to produce and market their goods but will instead outsource skills--from research and development to manufacturing--to outsiders who can perform those functions with greater efficiency.
By using information to manage themselves and better serve their customers, companies will be able to do things cheaper, faster, and with far less waste. To keep ahead of the steep new-product curve, it will be crucial for businesses to attract and retain the best thinkers. The company of the future will call on talent and resources--especially intellectual capital--wherever they can be found around the globe, just as it will sell its goods and services around the globe. The Internet is a tool, and the biggest impact of that tool is speed.
At the very core of the 21st century corporation is technology, or what most people today call digitization. Put simply, digitization means removing human minds and hands from an organization's most routine tasks and replacing them with computers and networks. Digitizing everything from employee benefits to accounts receivables to product design cuts time, cost, and people from operations, resulting in huge savings and vast improvements in speed.
The truly great 21st century companies will recognize that the real power of technology is not just the ability to make a business more efficient but also its potential to spark transformative change. Much of that change will involve the company's relationship with its customers.
Reference:
http://www.businessweek.com/common_frames/ma_0035.htm?/2000/00_35/b3696011.htm
3 comments:
yep. i agree that the gap between what we can imagine and what we can achieve has gotten smaller.
indeed, man can achieve anything he could think of. almost anything is possible for man now.
it is true that the world now seems flat because of the technology. and corporations are making use of it and utilizing it for their progress.
good job!
It seems like technology is all the rage now. There may be some ill effects of utilizing it, like removing of workers, but hey, you've got to admit, it work wonders... ^^,
Well,thats a good presumption about the 21st century corporation. And I agree with you that because of the great transformation of our technology, the corporations merely adopt it and gave a new look to our industry nowadays..
Great job!
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