There are other forces changing the economy. Most countries are moving away from strict regulation. Formerly safe companies (often monopolies) are suddenly forc to fight with new competitors. In the Unit States, international telecommunications companies such as AT & T can now enter the local calling market, while the regional Bell Telephone Company gains the right to enter the long-distance or international calling market. an electricity company may also sell its energy through various suppliers.

Another powerful force is privatization:

Former state-own enterprises or agencies female number data acquire private ownership and management in the hope that they will be better manag and run more efficiently. This happen when companies like British Airways and British Telecom were privatiz . Today, most of the public sector, even organizations such as prisons, ucational institutions and the like, is being put into private hands.

Yogi Berra, the legendary

Yankee baseball player, summ it up when he dive into this essential guide said that “the future ain’t what it us to be.” He could also add: “Do you feel like a wild beast is chasing your company?” If not, try to feel it.” The market is merciless. General Electric CEO Jack Welch us to start board meetings with the words: “Change or die.” Richard Love of Hewlett-Packard states, “Change is so rapid that the ability to change has become a competitive advantage.

The ability to change is inseparable from the ability to learn

Peter Senge and others populariz the term “learning organization.” So it is not surprising that companies such as Coca-Cola , General bulk lead Electric or Skandia hire vice presidents responsible for knowlge, learning and intellectual capital. The task of these vice presidents is to create knowlge management systems that help the company understand trends and development processes that affect customers, competitors, distributors or suppliers. As change accelerates, companies that want to continue to thrive can no longer rely on business-as-usual business practices.