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Membership in Virtua |
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| Enormous increases in processing power and bandwidth are blurring the lines between the real world and the virtual one. As work, education, government, and entertainment have moved on-line, the barriers of space and time that formerly marked different parts of people��셲 lives have disappeared. Virtual work teams, telecommuting, long-distance learning, and electronic shopping for many have resulted in an ��쏿nything, anywhere, anytime��� lifestyle, in which formerly distinct areas of people��셲 lives are now intertwined in cyberspace. People��셲 lives and their relationships with others are increasingly taking place in this electronic reality. As a result, digital technology has transformed the personal and public lives of most Americans over the past 15 years. |
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Strategy in the Era |
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| 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��셳 want to, but because they usually don��셳 survive long enough. |
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arnessing Co-opetiti |
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| 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 ��쐃conomic symbiosis.��� In the process, complexity and speed of change redefined business alliances. The Internet, ERP, and other tools have made the ��쐃xtended enterprise��� a reality, and leading-edge firms began to encourage mutualism. |
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Genetic Algorithms A |
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| A significant challenge in managing today��셲 enterprise is quickly and effectively choosing among a large number of complex options and alternatives with subtle trade-offs. Fortunately, new computer applications using genetic algorithms can do a much better job at making these choices than a person using traditional analytical techniques. |
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Companies Become Sel |
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| As firms develop a peripheral nervous system composed of sensors and a central nervous system with computers that enables the firm to learn, adapt and innovate, we have to ask, ��쏦ow will those firms be organized and managed to extract the maximum value from these capabilities?��� |
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