A society that recognizes the value of distributed entrepreneurship...

Yet, how many of us have walked away from Microsoft, Google, Intel, Reebok and dozens of other American brands and companies just because we happen to dislike Uncle Sam? Many analysts during the 1980s predicted the end of American dominance in the world of business because nations like Japan and South Korea were driving American manufacturing literally out of business. Forget going out of business, exploiting cross-border cost competencies, American companies now completely dominate even the world of information technology and services. And this will be the century of information technology. A society that recognizes the value of distributed entrepreneurship, regardless of geographical boundaries, is bound to consequently profit exorbitantly. On the cynical wave, people who regard the quest for money, profits and corporate success as unworthy goals could well ask themselves a few questions. Could Sabeer Bhatia have made $400 million in India? And, despite the wealth of intellectual prowess in India, how is it that companies like Google, eBay, My Space & Yahoo all have American origins? Profits matter. The pursuit of profit matters even more. In a medieval society, people whispered, gossiped about and envied the most successful warriors and knights. In modern society, the entrepreneur and the CEO have replaced the Samurai and the knight at the top of the popularity charts. For complete information on IIPM Articles, please click here...

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Source: IIPM Editorial and B&E