New characteristics of organizations of the future
What are the new characteristics of organizations of the future?
Expert
The organization of the future will have many new characteristics:
i. Fewer barriers between vertical ranks, between disciplines and functions, between units in dissimilar geographic locations, and between the organization and its suppliers, strategic allies, distributors or dealers, and consumers.
ii. A capacity for change and quick learning.
iii. Collaborative efforts among people in various functional specialties and geographic locations – essential to make organization capabilities and competences.
iv. Wide use of Internet technology and e-commerce business practices – real-time data and information systems, superior reliance on online systems for managing business with suppliers and consumers, and Internet-based communication and partnership with consumers, suppliers, and strategic partners.
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