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Twentieth century gcc00

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Ravi Varma
Ravi Varma

The document discusses how business has changed from the 20th to 21st century due to factors like globalization, communication technology advances, and the rise of the internet. It notes that pre-internet era companies had a domestic focus, while modern companies have a global reach and can monitor performance and hold conferences in real-time across locations. It suggests that by 2050, economies will be integrated into a single global market and that businesses now need cross-national strategies and wealth creation approaches rather than wealth extraction to survive the paradigm shift brought on by these changes.

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Twentieth Century Domestic Market Monopoly Non-competitive scenario No Global challenges Thriving Domestic Markets Same product and Style of Functioning
Twenty First Century Changes in Geopolitical Profile Geometric Progression of Communication Technology Fall of Iron Curtain with Breakup of Berlin Wall Unfolding of Bamboo Curtain Persuasive Capitalist Model of Growth Move to Integrate Globally Reduction of Trade/Tariff Barriers
Pre-Internet Era Organizations GE, Sony, Coke, Compaq, Siemens, Hewlett Packard, Honda, Toyota, Nissan, Toshiba, Omr on, Levi Strauss, IBM
Dawn of Internet Companies with Global Reach Performance Monitoring in Real-time Conferencing from Multi-locations Information is Instantaneous 2050 Economies will be a part of One Market.
Surviving the Paradigm Shift Business= Cross National Boundaries= Strategies should develop keeping the Globe in Perspective Move from Wealth Extraction to Wealth Creation Change from Top Down Approach to Encouraging Bottom Up Approach and Lateral Approach
Structure of Business Pyramid = Web Centric and Virtual Corporate Driven Mass Production to Mass Customization Company is King to Customer is King
Business Processes Inventories have moved from Annual to Quarterly to Hourly Shareholders require realtime Disclosure of Financial Results Biz Model to Integrate development in Science and Technology for a Competitive Edge Corporate Social Responsibility the Vehicle to show it is not all about business
Employees Nomads crossing Latitudes and Longitudes Constant Upgrading of Competencies Transactional Leadership to Renaissance Leadership Ethical Practices for Competitive Edge

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Twentieth century gcc00

  • 1. Twentieth Century Domestic Market Monopoly Non-competitive scenario No Global challenges Thriving Domestic Markets Same product and Style of Functioning
  • 2. Twenty First Century Changes in Geopolitical Profile Geometric Progression of Communication Technology Fall of Iron Curtain with Breakup of Berlin Wall Unfolding of Bamboo Curtain Persuasive Capitalist Model of Growth Move to Integrate Globally Reduction of Trade/Tariff Barriers
  • 3. Pre-Internet Era Organizations GE, Sony, Coke, Compaq, Siemens, Hewlett Packard, Honda, Toyota, Nissan, Toshiba, Omr on, Levi Strauss, IBM
  • 4. Dawn of Internet Companies with Global Reach Performance Monitoring in Real-time Conferencing from Multi-locations Information is Instantaneous 2050 Economies will be a part of One Market.
  • 5. Surviving the Paradigm Shift Business= Cross National Boundaries= Strategies should develop keeping the Globe in Perspective Move from Wealth Extraction to Wealth Creation Change from Top Down Approach to Encouraging Bottom Up Approach and Lateral Approach
  • 6. Structure of Business Pyramid = Web Centric and Virtual Corporate Driven Mass Production to Mass Customization Company is King to Customer is King
  • 7. Business Processes Inventories have moved from Annual to Quarterly to Hourly Shareholders require realtime Disclosure of Financial Results Biz Model to Integrate development in Science and Technology for a Competitive Edge Corporate Social Responsibility the Vehicle to show it is not all about business
  • 8. Employees Nomads crossing Latitudes and Longitudes Constant Upgrading of Competencies Transactional Leadership to Renaissance Leadership Ethical Practices for Competitive Edge