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Business in the 21st Century

So where do you want to go tomorrow? This is the question business people are asking each other these days. Well, they are right, because not a whole lot of time left before the end of the millennium and the anxiety surrounding this big event is affecting everyone including the business people of today.

While I was doing my research on this topic, on the question of where we want to be tomorrow in the new millennium, I have come across with many books, many websites, many articles dedicated to this question. With the way technology has changed our lives drastically in the last fifty years, we are anxious and may be even a little worried about what is going to happen in the future to our businesses as well as our lives. It was not long ago that books on the future of business warned of worldwide recessions. Now the news is the wealth of opportunity to be found as emerging nations embrace capitalism and as technology brings the world closer.

Bill Gates, in his new book: Business @ Speed of Thought, which I will often be referring to throughout this paper, suggests that, "Business is going to change more in the next ten years than it has in the last fifty." (Bill Gates, p.13) This is quite a strong but nevert


Most writers on organizations have long realized that to be adaptive and able to respond rapidly, most organizations have to decentralize. This is not a new idea, but with the new technologies it is more possible than ever.

1. Barker, Joel Arthur Paradigms: The Business of Discovering the Future. New York: HarperBusiness, 1993.

long, I am sure that every American will have easy access to the Internet through their TV sets. This historic merger of technology is bringing a revolution in Communications, News, Entertainment, Education, and Business. And, this new technology revolution allows businesses on the Internet to reach consumers in ways never before possible.

2. Study sales data online to find patterns and share insights easily. Understand overall trends and personalize service for individual customers.

about them and evaluate them. Never has there been a greater need for continuous research and learning on the part of business owners, managers and employees. In today's world, "Old dogs must learn new tricks to survive, and young pups must develop an affinity for lifelong learning and adaptation (and a little knowledge of Japanese wouldn't hurt)." Only then businesses can respond to growing demands of their customers in this global communication age.



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Approximate Word count = 4972
Approximate Pages = 20 (250 words per page double spaced)


  

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