21st Century Business: Managing and Working in the New by James W. Cortada

By James W. Cortada

In a time of unremitting, accelerating technological switch, James W. Cortada deals a peaceful, clever course during the desert, supporting managers comprehend the large photograph and effectively deal with the transition to the net economic climate. Cortada exhibits the way to get earlier the glitter and hype linked to innovation, and leverage the simplest of the hot applied sciences, with out forsaking administration basics which are extra very important this day than ever. Cortada demonstrates how one can deal with and paintings as your company transforms itself from an business Age company to an eBusiness -- describing precisely what's altering, tips to dwell in either worlds, and the place your destiny resources of revenue and private good fortune are probably to come back from. Cortada bargains new insights into the position of information in a services-centric economic climate, indicates how studying corporations and net applied sciences are remodeling paintings, and demonstrates find out how to use those new applied sciences to generate price via smarter, extra effective provide chains.
21st Century company indicates which conventional administration practices are nonetheless important, and which needs to switch -- featuring a street-wise set of confirmed thoughts, guidance, examples, and counsel for each supervisor.

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Additional resources for 21st Century Business: Managing and Working in the New Digital Economy

Sample text

The demand for better-educated, skilled workers to use all this new sophisticated technology has also gone up over the course of the past half century. Work happens faster and in a greater variety of forms. These currents of change—automation, de-skilling, richer information content, and so forth—are Chapter 1 • A New World Born 11 some elements of the new economy. While they may seem contradictory or unrelated, they exist in one form or another simultaneously. Products also have information and services wrapped around them.

So we have the self-fulfilling prophecy at work: the world moves to an information-based economy, whether it needed to or not. It is not worth debating the probabilities any more. That train has left the station. Executives have already voted with their budgets that information technology has value. 9 The “killer application” currently dominating business-tobusiness exchanges involves open-market trading with the result that those using net-based business strategies are strengthening competition among sellers while lowering overall operating costs.

You and I think of it as the Internet, with personal computers and telephone lines. 14 The issue boils down to a hunt for a new value proposition (what one offers to sell or do in exchange for a customer’s cash) in an economy in which networks are transforming how people live and work. Those who find answers thrive, just as so many did when they figured out in the late 1800s and early 1900s that corporate capitalism was the way to go. ” In this new era the issue is less a question of how best to use information technology (usually its capabilities), but rather one more closely linked to the primary driver of the current round of changes: telecommunications.

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