 Ideas |
If the predictions many business commentators are making is true, we are at one of those points in history that happens only once every few hundred years, when a million small changes have reached critical mass and we are about to witness huge changes to the economy, business, work, lifestyle, society - you name it.
E-Business is a part of it. Intellectual Capital is a part of it. Tom Peters says "change" is the wrong word, it is too feeble to describe what is happening. In his opinion we are witnessing a revolution in which all businesses must be prepared to abandon everything in order to survive. This is not a recommendation to abandon the old and embrace the new, but to realise that the "new" is a continuous process of abandonment and recreation whose cycle grows at a faster and faster rate.
Bill Gates says the 80s were a decade of Quality and TQM. The 90s were a decade of Business Process Reengineering. The next phase will be a rapid increase in the velocity of business. Suddenly products must be developed faster, response times must be quicker, strategy must be turned around 180 degrees in a few hours, TQM must be has got to deliver even better quality product in much less time, organisational processes will have to be reorganised much faster. The new company must be flexible, light, quick, innovative.
In other words, history is back with us again. The rules have changed again. The laws of capitalism no longer apply: the New Economics is post-capitalist, laws of supply and demand don't work with Intellectual Capital. The only factory Microsoft owns is the imagination. It's stock is valued because of the knowledge and innovation it possesses.
This web site is a repository for my investigation into e-business and the New Economy. It includes reviews of books on the subject, useful links and my own opinions on what is happening.
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