Those are promising strategies. The more a company opens itself up to engage with the outside world, the better its chances. In this new era, scale won't guarantee viability in the face of massively interconnected customers, suppliers, and competitors. But all of those scientists and employees can do amazing things if they connect with what's happening outside your walls. John Nike won't know what hit him.
Comments from the Fast Company Connection, a reader panel
Hierarchy values control. Control may make us feel more comfortable, but it is not as effective as getting buy-in. Hierarchy values exclusive knowledge. Exclusive knowledge makes us feel important, yet real value comes from being known as a good source of knowledge. Hierarchy is just a structure, one that works best when it deviates from its own values.
Madelyn Blair
Jefferson, Maryland
Pellerei Inc.
The concept of the virtual enterprise is not especially new. What has changed is the ability of folks from different enterprises to efficiently connect to reap the advantages of virtual scale.
John Lloyd
San Diego, California
Qualcomm
The global corporate elite don't really need to "reinvent" themselves in this "new interconnected, networked, decentralized world." I'd argue that the world is rapidly becoming more centralized. New technology, new ways of thinking, and organic networks are acquired by someone the moment they're seen as fiscally viable.
Cliff Watson
Omaha, Nebraska
Bozell
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Recent Comments | 9 Total
August 20, 2009 at 11:45pm by Jesica Semon
I tend to see things going this way as well. I'm certain this won't stop at drug use and party behavior (which is actually a ridiculous qualifier as some of the best employees I've seen partied hard on the weekends). What happens when you're denied a job because of some political or religious views you espouse on blog that the HR person doesn't agree with? You know, the kind of information they aren't allowed to ask you in an interview setting. If it can't be asked in an interview they shouldn't be allowed to go looking for that info online. But, I guess you can always make your profiles private so only people you want to see them can.
August 26, 2009 at 6:21am by Hamilton Mazakadza
I agree that these days there are many managerial and finance theories. Everyone has their own views but companies should keep in mind that they should make a proper surety bond before going into a business contract.
September 25, 2009 at 12:15am by Christopher Jeschke
very interesting post! thanks for your insight!
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