=21st Century Corporation=

21st century would be the spark of new technologies, particularly the internet and the real asset is IDEAS. It would go more with software and the ability to access a mind boggling array of information instantly in any place. Corporation nowadays, in order to thrive in this technological century would undergo transformation and that is a new Industrial Revolution which would reach every corner of the globe. However, intense rivalries among competitors would surely take place.

This means that 21st century corporation must adopt itself to management through the web. Ideas or information can be easily found or transmit around the globe in the blink of an eye. Employees will increasingly feel the pressure to get breakthrough ideas to market first. Thus, the the corporation will need to nurture an array of formal and informal networks to ensure that these ideals can speed into development. Emerging technologies will allow employees and freelancers anywhere in the world to converse online and can work together in real time. "The gap between what we can imagine and what we can achieve has never been smaller." -Gary Hamel(consultant and author of Leading the revolution)

In contrast, 21st century corporation is far more likely to look like a web: a flat, intricate by woven form that links partners, employees, external contractors, suppliers and customers in various collaborations. Fewer companies will try to master all the disciplines necessary to produce and market their goods but will instead outsource skills-from research and development to manufacturing-to outsiders who can perform those functions with great efficiency. Its more about bits or information, instead of focusing solely on managing the corporation's physical assets. Companies will need to build a deep reservoir of talent because technology will let competitors watch or exceed them almost instantly, include both employees and free agents to succeed in their new era. But attracting and retaining on elite workforce will require more than huge paychecks.

All this work-internet, technologies will be done in an instant. The internet is a tool, and the biggest impact of that tool is speed. The speed of actions, the speed of deliberations, and the speed of information has increased, and it will continue to increase as we continually taking pace through 21st century of high-technologies.