exactly, seems like an article from the late 80s <g> On Tue, Jul 5, 2011 at 3:43 AM, Mark Janssen <[email protected]>wrote:
This is a great example at just how far off the mainline business culture is. Even after the Internet revolution, they still hardly have learned a thing. Fucking amazing. This write-up is like some old-time newspaper jounalist describing the Internet as a popular "fad" with some "interesting innovations".
marcos
On Mon, Jul 4, 2011 at 6:14 AM, Dante-Gabryell Monson <[email protected]> wrote:
Excerpt from Wall Street Journal : "The weakness of managed corporations in dealing with accelerating change is only half the double-flanked attack on traditional notions of corporate management. The other half comes from the erosion of the fundamental justification for corporations in the first place."
http://online.wsj.com/article_email/SB10001424052748704476104575439723695579...
"...predict the rise of "mass collaboration" as the new form of economic organization. They believe corporate hierarchies will disappear, as individuals are empowered to work together in creating "a new era" "The new model will have to be more like the marketplace, and less like corporations of the past. It will need to be flexible, agile, able to quickly adjust to market developments, and ruthless in reallocating resources to new opportunities." " ...the people who control large pools of capital need to act more like venture capitalists, and less like corporate finance departments. They need to make lots of bets, not just a few big ones, and they need to be willing to cut their losses." "In addition to resource allocation, there's the even bigger challenge of creating structures that motivate and inspire workers. There's plenty of evidence that most workers in today's complex organizations are simply not engaged in their work." "The new model will have to instill in workers the kind of drive and creativity and innovative spirit more commonly found among entrepreneurs. It will have to push power and decision-making down the organization as much as possible, rather than leave it concentrated at the top. Traditional bureaucratic structures will have to be replaced with something more like ad-hoc teams of peers, who come together to tackle individual projects, and then disband."
"Information gathering also needs to be broader and more inclusive."
"New mechanisms will have to be created for harnessing the "wisdom of crowds." "
"Can the 20th-century corporation evolve into this new, 21st-century organization? It won't be easy. The "innovator's dilemma" applies to management, as well as technology. But the time has come to find out. The old methods won't last much longer."
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