☻21st century corporations...

Today's fast-changing business environment poses major challenges for corporations. The modern technology is one of the major forces that is responsible for the radical changes that are going on among the business firms today. As what i read and heard , corporations, nowadays are becoming more competetive and more innovative and adopt the news trends in technology in this modern age.

The 21st century corporation also requires an array of new skills, all of which must be mastered for leaders to gain the upper competitive hand. Globalization has opened new markets. Deregulation has broken down industry boundaries. Venture capital has funded thousands of new tech-savvy insurgents who now threaten incumbents. And the ever-ubiquitous Web has brought the potential for remarkable gains in productivity--but also for frightening deflationary pressures. All these forces are fast propelling the creation of new business models in the 21st century, models that will look nothing like the once-healthy and seemingly invincible enterprises of an earlier age.

Still, corporations have a way of flourishing under changing circumstances.Tthe corporate form itself has a good deal of flexibility. Many corporations have already begun to adjust to the new realities of the Creative Economy--by allowing power to tilt from the sources of capital toward the sources of ideas, by embedding themselves in fertile corporate ecosystems, and by adopting codes of social responsibility to win the trust of a wary public. Legally, a corporation is a person--a person who is potentially immortal. Let's see how these ageless characters handle the next 100 years.

http://www.businessweek.com/common_frames/ma_0035.htm?/2000/00_35/b3696011.htm http://www.businessweek.com/common_frames/ma_0035.htm?/2000/00_35/b3696002.htm