The 21st Century Corporation

For nearly all of its life, the modern corporation has made money by making things. It has done so by amassing fixed assets, organizing large workforces, and managing hierarchically. The 21st century corporation will do little of that. It will make money by producing knowledge created by talented people working with partners all over the globe. So fundamental will the changes be that the corporation as we know it will likely exist only on the margins of the economy.

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