Not only is power shifting from sellers to buyers. Internet technology is giving buyers the ability to search for
the best quality, service, terms, flexibility, and innovation. It is giving them the convenience to search with just one click. If you are not pleased with one firm's products/services, another's website is just a click away.
Technology is also giving organizations the systems and tools to be relentless cost cutters. Traditional layers of management are being stripped away because the Internet is reducing the need for middlemen, brokers and distributors. People now have the tools to gain immediate access to anyone, anywhere in the world. The geographic distance between leader and follower is increasing. The pace of
change is frenetic. The need for employees to be self-directed has increased faster than ever anticipated. The day of the knowledge worker is here, and it has already changed the way organizations function, lead, hire, and promote. As technology provides the tools for the increasing globalization, the requirement of individuals is to become more self-reliant. Self-sufficiency requires high levels of confidence, commitment, and motivation because one's leader is becoming less able to provide proximate leadership. Distance leadership becoming the norm with telecommuting, virtual offices, e-commerce applications, the Internet, and worldwide operations growing. We increasingly becoming tribes of digital nomads working whether and whenever. Also the rate of knowledge obsolescence is accelerating.
Technology is also giving organizations the systems and tools to be relentless cost cutters. Traditional layers of management are being stripped away because the Internet is reducing the need for middlemen, brokers and distributors. People now have the tools to gain immediate access to anyone, anywhere in the world. The geographic distance between leader and follower is increasing. The pace of
change is frenetic. The need for employees to be self-directed has increased faster than ever anticipated. The day of the knowledge worker is here, and it has already changed the way organizations function, lead, hire, and promote. As technology provides the tools for the increasing globalization, the requirement of individuals is to become more self-reliant. Self-sufficiency requires high levels of confidence, commitment, and motivation because one's leader is becoming less able to provide proximate leadership. Distance leadership becoming the norm with telecommuting, virtual offices, e-commerce applications, the Internet, and worldwide operations growing. We increasingly becoming tribes of digital nomads working whether and whenever. Also the rate of knowledge obsolescence is accelerating.
"Anyone who stops learning is old, whether at 20 or 80. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young." -Henry Ford
