21st century trends

In this ever changing world, globalization, diversity, flat structure and networking are rapidly changing the face of the earth. These factors are interwoven with each other and cannot be separated.


Globalization means that organizations will become more and more active outside their national borders. This means that companies do not only compete nationally, but all over the world. From my point of view, a company in the 21st century can only survive if it has the ability to compete against international companies.


Diversity is the result of changing demographics and globalization of markets. Companies nowadays have a more heterogeneous workforce that they need to cope with different cultures.


Flexibility is very important for every organization to remain in the competitive world as technology is changing rapid.

Flat organizations enable discussions, decision making of employees and increasing motivation among employees. I think a flat organization can be more flexible and more competitive than an organization with more hierarchical levels, as communication is necessary to adapt to new situations.


Networking is the process of establishing a mutually beneficial relationship with other business people and potential clients and/or customers. The best business networking groups operate as exchanges of business information, ideas, and support. The most important skill for effective business networking is listening; focusing on how you can help the person you are listening to rather than on how he or she can help you is the first step to establishing a mutually beneficial relationship.
All these factors have led to the fast growth of business. And for corporations to be successful need to tap these to the best of their benefit.



REFRENCES:



http://en.wikipedia.org/wiki/Internet#Collaboration

http://www.bitcomet.com/

http://www.vuze.com/app



EXAMPLE:



Voice over Internet Protocol (VoIP), is a technology that allows you to make voice calls using a broadband Internet connection instead of a regular (or analog) phone line. Some VoIP services may only allow you to call other people using the same service, but others may allow you to call anyone who has a telephone number - including local, long distance, mobile, and international numbers. Also, while some VoIP services only work over your computer or a special VoIP phone, other services allow you to use a traditional phone connected to a VoIP adapter.

EXPERIENCE:

The trends of 21st century has made our lives easy. Before when i had to purchase books i had to go to the book store. But know due to growth in technology many online stores like Amazon.com are being introduced. Now i can purchase books online .