ORGANIZATION AND MANAGEMENT OF THE TWENTY - FIRST CENTURY

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REZAEIAN A.

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Journal Paper

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Journal: MODARRES HUMAN SCIENCES Year:2001 | Volume:5 | Issue:1(Tome 18) Page(s): 71-96

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Title

ORGANIZATION AND MANAGEMENT OF THE TWENTY - FIRST CENTURY

Author(s)

REZAEIAN A. | Issue Writer Certificate

Keywords

TECHNOLOGYQ3

INFORMATIONQ2

STRUCTURE VIRTUAL ORGANIZATIONQ4

- INTERNETQ4

INNOVATIONQ2

OUTQ4

ECONOMIC VALUE-ADDED EFFICIENCYQ3

Abstract

Information revolution has challenged traditional business logic, consequently companies and institutions are experimenting with a wide avray of strategic alternatives and organizational forms. The appropriateness of the current business model rooted in the industrial economy is questionable. Organization theorists have OUTlined many opinions in this regard, but their message is: the current models of strategy and structure are woefully inadequate to meet the imminent challenges of the INFORMATION age. This article conceptualizes an architecture for virtual organizing based on field study findings. Some theorists propose incremental improvements to the current businesses. While some others develop a new logic of virtual organizing by placing IT at the center. The Powerful convergence of computers and communication TECHNOLOGY and the emergence of the internet are enablers of this new business model. Real strategies for virtual organizing recognize three interdependent vectors: virtual encounter, virtual sourcing, and virtual expertise-supported by a power-ful, integrated IT platform. Each of the vectors in turn has three distinct stages. Stage one focuses on coordinating activities to create superior economic value. Stage three focuses on the interorganizational network to design and leverage interdependent communities for INNOVATION and growth. The strategic logic for the new business model is rooted in the interdependence among the three vectors. It will be difficult-if not impossible-to craft an effective strategy and structure without harmony among the three vectors. While virtual organizing is a powerful concept, "virtual organization" is an unfortunate term. It connotes impossibilities such as a "hollow corporation" or a "broker". Virtual organizing as a concept focuses on the importance of knowledge and intellect in creating economic value.

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APA: Copy

REZAEIAN, A.. (2001). ORGANIZATION AND MANAGEMENT OF THE TWENTY - FIRST CENTURY . MODARRES HUMAN SCIENCES, 5(1(Tome 18)), 71-96. SID. https://sid.ir/paper/7072/en

Vancouver: Copy

REZAEIAN A.. ORGANIZATION AND MANAGEMENT OF THE TWENTY - FIRST CENTURY . MODARRES HUMAN SCIENCES[Internet]. 2001;5(1(Tome 18)):71-96. Available from: https://sid.ir/paper/7072/en

IEEE: Copy

A. REZAEIAN, “ORGANIZATION AND MANAGEMENT OF THE TWENTY - FIRST CENTURY ,” MODARRES HUMAN SCIENCES, vol. 5, no. 1(Tome 18), pp. 71–96, 2001, [Online]. Available: https://sid.ir/paper/7072/en

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