What do you think will the 21st -century corporations look like?
COMPANIES IN THE 21ST CENTURY
In looking to the future, the managers and business professionals should become aware of the problems and opportunities presented by the use of IT and learn how to effectively confront such managerial challenges. Today’s internetworked e-business plays a vital role in the business success of an enterprise. For example, internet, extranet and intranet can provide much .
We are living in a period of great economic and political volatility. There are new global players entering every field of commercial endeavor and the political power brokers across the globe are changing rapidly.
India, China, Russia, Brazil, Mexico and a great many other countries are growing dramatically, creating new consumer societies and absorbing financial capital and human capital in their activities.
In the process new business models are emerging often being facilitated by the latest technologies.
Many of the issues facing our companies are common across the world. Even, the ability of the world to survive our economic activity is at stake.
Are we innovative enough to survive let alone thrive in this rapidly changing and risky environment.
But one thing will remain constant is that the business starts and end with the customer but exceeding customer expectations and keeping customers will become challenging.
The successful company will be those where strategy is based on change and continuous improvement. They will carry out constant research among their customer and work upon it.
They will make change stimulating instead of something to resist.
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