The Transition and the Transformation

There are two critical aspects of today’s market system business leaders must know about and understand in order for their business sector, company or enterprises to not only survive but also to be productive and profitable.

First of all, a vivid and clear understanding of the transition that is occurring from an industrial economy, based on production management, to a new knowledge economy accelerated by the information age and rooted in customer empowerment. Secondly, the transition in business is part of a greater, larger cultural transformation unlike anything we have seen since Gutenberg’s printing press.

This and subsequent blog postings will feature explanations, observations and elaborations on this most critical juncture.

Until and unless, both the transition and more importantly the transformation are recognized and understood in the context of the technological changes and their impact on our society, system of government, global financial and economic system, we will all be at a loss as to what changes have to be made and implemented to improve and sustain our way of life.