"Companies are in the midst of a revolutionary transformation. Industrial age competition is shifting to information age competition. During the industrial age, from 1850 to about 1975, companies succeeded by how well they could capture the benefits from economies of scale and scope. Technology mattered, but, ultimately, success accrued to companies that could embed the new technology into physical assets that offered efficient, mass production of standard products."
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Academics from the United StatesPeople from New York CityEconomists from the United StatesBusiness theorists from the United StatesCarnegie Mellon University faculty
Original Language: English
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Robert S. Kaplan
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