Friday, August 21, 2009

Millennial Corporation Overview

The key to success for high-tech firms—and indeed for any company—in the 20th century has always been responsiveness to customers and employees, using a reserve of brilliant ideas from dedicated employees. That model, however, is insufficient now that business moves “at the speed of thought,” as Bill Gates says in his book. With each new idea, there are paradigm shifts, making old ways of doing business obsolete.

With ideas borrowed from countless successful people and corporations, the concept of a Millennial Corporation provides a vision for companies which seek high growth while tapping the secrets to doing business in the 21st century. A key concept for Millennial Corporations is that ideas are most valuable when they are shared, so take these ideas and spread them around telling others to visit this blog as well.

Each day new secrets will unfold on this blog, and (over time) additional secrets will be discovered. Millennial Corporations are not defined by one or two concepts, but rather by a complex set of principles that together shape how successful corporations act in the 21st century.

Millennial Corporations deploy a variety of tools for creating leverage, to meet the ever-increasing demands that they face. These tools, however, would not be possible without two key concepts: integrity and giving. Millennial Corporations depend on each other, and so they need to be able to trust each other. Furthermore, the only way that they can receive what they need is if everyone around them is willing to give. Thus, Millennial Corporations depend on selfless giving. As basic as these concepts are, for most businesses and people, they present a serious paradigm shift. Significant effort must be exerted to produce this paradigm shift, but all such efforts will be rewarded, in the present and then even moreso in the future.

One final point: This blog provides for multi-directional communication. You, too, can be a part of the evolving definition of a Millennial Corporation. Keep up with this blog to the best of your ability, and share your thoughts through comments and other responses.

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