Review: The Digital Economy–Promise and Peril in the Age of Networked Intelligence

5 Star, Best Practices in Management, Budget Process & Politics, Capitalism (Good & Bad), Change & Innovation, Complexity & Resilience, Economics, Information Operations, Information Society, Information Technology

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5.0 out of 5 stars Focus on Decentralized Human Expertise,

May 29, 2000
Don Tapscott
After demolishing Business Process Reengineering (BPR) as a necessary element of but insufficient substitute for corporate strategy, organizational learning, or reinvention, the author goes on to address twelve themes central to success in an economic environment characterized by networked intelligence: knowledge, digitization, virtualization, molecularization, integration/internetworking, disintermediation, convergence (a big one), innovation, prosumption, immediacy, globalization, and discordance (another big one). He stressed the need for “busting loose from the technology legacy”, the need to dramatically transform both the information management and human resource management concepts and also a turning on its head of how government works-from centralized after the fact “leveling” and gross national security to decentralized, proactive nurturing of individual opportunity before the fact, providing individual security through individual opportunity and prosperity within the network.
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