What is the Pedigree of the The Enterprise of the Future?

O2ibm

Visit this group According to IBM Global CEO Study titled “The Enterprise of the Future“. “Globally Integrated” is the third of the five characteristics that define the Enterprise of the Future. Across the entire CEO sample, more than half plan to deeply change their organizations’ capabilities, knowledge and assets to take advantage of Globalization. More than 60 percent of CEO s are implementing a globally oriented strategy; the remainder are using either a local or blended approach. CEO s also stressed the importance of having a common corporate culture, while sustaining the diversity of local geographic cultures. Even if an Enterprise of the Future never “goes global,” it still understands the capabilities available — and the competitors emerging —worldwide. Here are some ways Enterprise of the Future capitalizes on global integration opportunities. Integrates capabilities globally to differentiate: The Enterprise of the Future searches worldwide for sources of expertise, resources and assets that can help it differentiate. Finding the right capabilities is much more important than finding the cheapest. These centers of excellence are integrated globally so that the best capabilities, knowledge and assets can be used wherever required. Builds a carefully calibrated global business design: The Enterprise of the Future crafts its globally integrated and optimized business design based on its particular mix of capabilities, industries and geographies. It has a strategic plan for which capabilities to keep in-house and where it will partner or acquire. And when it does acquire, it knows how to manage the acquisition so that anticipated benefits are fully realized Finds and eliminates integration barriers: Flexible assets allow the Enterprise of the Future to be more agile in the marketplace. Location decisions are made based on market and operational needs, not dictated by property deeds or restrictive leasing arrangements. Modular information technology, such as service-oriented architectures, enables rapid responses to new products and services opportunities and faster integration of new partners Grooms global leaders: In the Enterprise of the Future, global management development programs identify high-potential candidates throughout the company, not just from headquarters. These programs step future leaders through multiple global experiences, exposing them to a variety of cultures and markets Recognizes the importance of social connections within and across organizations: Social networking and realtime collaboration tools improve communication and close the distance between people in different locations. Good ideas develop and spread quicker, and problems are solved faster.