Neither the tools nor the products have changed. The corporation as we know it, which is now 120 years old, is unlikely to survive the next 25 years. Legally and financially yes, but not structurally and economically. Today s corporation is structured around layers of management. Most of those layers are information relays, and like any relays, they are very poor.
Every transfer of information cuts the message in half.
There needs to be very few layers of management in the future and those who relay the information must be very smart. But knowledge, as you know, often becomes obsolete incredibly fast. The continuing professional education of adults is the No. 1 gross industry in the next 30 years, but not in the traditional form. In five years, we will deliver most of our executive management programs online. The Internet combines the advantages of both class and book.