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End of the command and control?
Posted by Adriana Cronin-Lukas
Saturday, July 17, 2004 @ 12:27 PM
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I recently came across A VC blog through a Buzzmachine link. I have found it easy to read, succinct and full of thoughts that are refreshingly clear. The latest post is about how technology is changing the modern corporation, describing the last pannel attended by the blogger at the Brainstorm conference.

We are at the end of the command and control world. We are at the beginning of the coordinate and cultivate world. The main points can be summed up as:

  • Movement toward human freedom in business that may be as fundamental as democracy was in government 200 years ago
  • Lower transaction costs and globalization are creating enormous efficient and dynamic markets
  • Large corporation allows 100% of the workforce to represent it in the marketplace. (Sun Microsystems and its 32,000 employees)
  • Globalization and technology trends taken to their logical conclusion means that eventually corporations will trump nations.
  • Large online auction site can be described as a community with a mayor at its head (eBay is the community of 40 million people and Meg Whitman is the Mayor)

Read the whole thing, lots to think about indeed. I am particularly intrigued by the first development.




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