Business Strategies for the 21st Century

Panelists discussed how technological changes will possibly change business practices and priorities. They examined issues such as competitor monitoring, the declining cost of customer interaction and the balance between long-term growth and profits for shareholders. Much attention was focused on the advances in information technology, companies could become smaller with some services being outsourced. More funds for R&D would be allocated. Infrastructure businesses could be more volatile. Microeconomics will change in all industries and there will be much turbulence effecting systems technology including modularity. Following the panel discussion, audience members asked questions. close