"Transaction costs are rapidly diminishing. And as a result, everything
we learned in the last century about managing large corporations is in
need of a serious rethink. We have both a need and an opportunity to
devise a new form of economic organization, and a new science of
management, that can deal with the breakneck realities of 21st century
change.

(...)


What will the replacement for the corporation look like? Even Mr. Hamel
doesn't have an answer for that one. "The thing that limits us," he
admits, "is that we are extraordinarily familiar with the old model, but
the new model, we haven't even seen yet."

http://online.wsj.com/article/SB10001424052748704476104575439723695579664.html?mod=googlenews_wsj
 
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