|
 |
Open Innovation |
|
| At the same time that the open source movement is accelerating, the trend of open innovation is also picking up speed. This makes perfect sense because at a time when innovation is essential to the success of every business, few companies can afford to follow the traditional “closed innovation” model that rejects any ideas that were “not invented here.” |
|
|
 |
Faith at Work |
|
| There may be a separation between church and state, but the old unwritten rule about separating religion from the workplace is losing its power. |
|
|
 |
arnessing Co-opetiti |
|
| In the ‘90s, businesses became increasingly aware of the ecological component of business strategy. Many began to look beyond the simplistic view of raw competition to embrace the concept of “economic symbiosis.” In the process, complexity and speed of change redefined business alliances. The Internet, ERP, and other tools have made the “extended enterprise” a reality, and leading-edge firms began to encourage mutualism. |
|
|
 |
Companies Learn and |
|
| Most organisms behave like complex adaptive systems. As their parts sense and respond to conditions outside the system that constantly change, each part interacts with and influences the other parts in the system. Ultimately, this yields new patterns of behavior for the overall system. |
|
|
 |
Strategy in the Era |
|
| Over the past 250 years, the pace of change has increased at an increasingly rapid rate. Few enterprises are able to offer lifetime employment anymore; not because they don’t want to, but because they usually don’t survive long enough. |
|
|