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What is the Perpetual State of Change? |
With the advent of ubiquitous and affordable communications, and the advent of the internet, knowledge, which until then was an "exclusive" of books and colleges in the west, reached the developing and populous nations of the world. In the possession of this knowledge, compounded with the free market's pursuit of cheaper ways of producing goods, the world witness on the last decade of the 20th century, the explosion of the commoditization of both products and services. Countries like India and China added tremendous capacity to the global economy by adding thousands of new organizations able to produce in massive quantities. It was this global production network allowed a new reality. One in which are no longer organizations that dictate trends or price which is now in the hands of the consumer. While the 19th century industrial revolution had introduced mass-production, the 20th century globalization introduced mass mass-customization. The natural tendency of the human race towards individualist behavior is then the root for the perpetual state of change. Also, whereas in the past the industry boundaries could not be transversed, allowing for non-innovator industries such as healthcare, to live side by side with vibrant industries such as telecom, in the 21st century, better informed consumers demand better from organizations such as government. No type of organization, anywhere in the world, can safely say that it is not impacted by the perpetual state of change.
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