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Changing work and play - Rethinking Business Connectedness

If the world is only two seconds away, what does this mean for business? What do corporations and organizations need to do to survive and thrive?

"Today we are in the exact same position as in the 1980s pre-reengineering era, but with more complex technology and more complex issues that need to be addressed," said N. Venkatraman, David J. McGrath Jr. professor of management at Boston University and one of the experts cited in a recent business forecasting report.

To view a downloadable copy of the report, please visit http://www.csc.com/aboutus/lef/uploads/csc_lef_connectedworld.pdf

"The connected world is at a point where we need to have a conversation with business managers about how to create new business models. We need to reengineer for networked business."

The report recommends examining nine business areas when assessing the organization's connectedness: value systems, business models, ecosystem role, service delivery, customer focus, stakeholder alignment, employee model, industry shape and IT shape.

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.