Date Added: Aug 2010
For today's corporations, the ground is shifting. Issues such as globalization, business efficiency, increased specialization and product innovation are percolating upwards in priority. And corporations are now focusing more intently than ever on profitability, working capital, cash flow, technology, risk management and investments. To manage these priorities successfully, organizations are moving away from a longstanding business model. The traditional model has been subsumed by a new organization in which employees focus on customers, information is leveraged to gain valuable business insights, and working and physical capital are optimized.