For example , if a company has got into the cement business as a form of diversification, it will be taken over by a company for which cement is a core business. We see economies of scale becoming important globally. So there is an increasing trend of mergers, acquisitions and takeovers globally as well as in India. As for the new economy and old economy, i feel that one cannot exist without the other. The Net is only a medium.
Somebody still has to produce the goods.
Hence we are moving to a situation where both the economies have to coexist. If any managerial skill will not change then it is leadership. Again as I said, people with a high degree of leadership skills will be the most sought after. People with a technology background will be required. But again even in the new economy , not all jobs will need technology.