The 21st Century Corporation:
The Great Transformation
Characteristic |
20th Century |
21th Century |
Organization |
The Pyramid |
The Web or Network |
Focus |
Internal |
External |
Style |
Structured |
Flexible |
Source of Strength |
Stability |
Change |
Structure |
Self-sufficiency |
Interdependencies |
Resources |
Atoms-physical assets |
Bits-Information |
Operations |
Vertical Integration |
Virtual Integration |
Products |
Mass Production |
Mass Customization |
Reach |
Domestic |
Global |
Financials |
Quarterly |
Real-Time |
Inventories |
Months |
Hours |
Strategy |
Top-down |
Bottom-up |
Leadership |
Dogmatic |
Inspirational |
Workers |
Employees |
Employees and free agents |
Job Expectations |
Security |
Personal growth |
Culture |
Conflict-Oriented |
Collaborative |
Motivation |
To compete |
To build |
Improvements |
Incremental |
Revolucionary |
Quality |
Affordable best |
No Compromise |
|
Source: Management by Web, Business Week, 8/28/00
|