Evaluation:
Published: 26.04.2001.
Language: English
Level: College/University
Literature: 2 units
References: Not used
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 1.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 2.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 3.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 4.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 5.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 6.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 7.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 8.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 9.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 10.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 11.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 12.
  • Summaries, Notes 'The Shape of the 21st Century Economy: Thriving with Change', 13.
Extract

Maintaining that the corporate world is now in a period of renaissance with new technologies changing both business environments and mindsets, so organizations - including governments and the non-profit sectors - in the 21st century will need to overcome the different challenges through the empowerment of their employees and customers with no one company, country or geography holding a monopoly on ideas. It will have to rapidly adopt new technologies in order to perform more efficiently. This enables one to customize everything according to one’s needs. Technology is driving the rate of change, so there is a premium on getting it right. Before, you could be wrong, but you might have time to remedy it. Today, the market moves so quickly, that you won’t have time to catch up. Change is also obliging companies to enter into more partnerships, because they cannot do everything on their own. …

Author's comment
Atlants