Globalization refers to a process of increased interconnectivity between people around the world. This interconnectivity creates greater interdependence, with this global interdependence then forming the foundations to some form of global organization. As such globalization should be understood not simply as increased connectivity but ultimately refer instead to t
We are pleased to present our short film about complexity management and networked organizations with narration from Don Tapscott. The rise of networked organizations can be seen as a new form of IT-enabled organization that is adapted to complex environments. The business climate of the new millennium is characterized by profound and continuous changes due to globalization, exponential leaps in technological capabilities, and other market forces. Rapid developments of ICT are driving and supporting the change from the industrial to the information age and the emergence of these new networked organizations.
At the turn of the 21st century our global economy is in both a rapid and fundamental process of change. This change is most often understood as a transformation from an industrial form of economic organization to a post-industrial form as the global economy shifts from being dominated
Ambiguity is the quality of being open to more than one interpretation. It results in the haziness of reality; the potential for misreading and mixed meanings to conditions. In relatively simple environments we can have simple linear cause and effect models that are
A services economy is an economy whose primary activity it based in the tertiary or services sector. The services revolution can be described with reference to very straightforward empirical data. Over the past number of decades, services have come to dominate advanced economies and are slowly but surely coming to dominate the global economy.