Adaptive Enterprise Toolbox: Next Practices for the Knowledge-Based Economy

by Borys Stokalski

Much has been written about the strategic relationship between information technology and business. Major threads of this discourse have focused on business-IT alignment, often emphasizing the fact that IT should enable the execution of business intentions and initiatives. This emphasis on IT subordination has been a valid concept, provided that business management is a much more mature discipline than technology management. Yet as the global economy transforms into a knowledge-based one, it is becoming clear that there are many aspects of business that evade the control of traditional management methods and techniques. Volatile markets, disruptive innovations, short product lifecycles, and reliance on talent as a resource more important than capital all represent business risks that are difficult to handle solely on the basis of typical MBA curricula. At the same time, these issues can become true strategic opportunities for companies that learn how to use and manage them. Incidentally, this change of rules can hardly be attributed to any factor other than the development of information technology.

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Adaptive Enterprise Toolbox: Next Practices for the Knowledge-Based Economy October 2005

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