| June, 2000 Volume 3, Issue 3 _______________________ ![]() |
A Team Boston Newsletter |
Introducing the TOP HAT TEN, Ghassan Tannous Hanover
101.2 |
Trend Update...
Don Listwin, an executive vice president with Cisco Systems Inc., hit the nail on the head when he told a Washington Post reporter, "The essence of the New Economy company is using technology to optimize your information." But he didnt go far enough. The essence of the new economy is how technological innovation will introduce dramatic changes in every single economic sector. Soon it will become apparent that the global economy has changed in fundamental ways, and those changes
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largely result from the development and application of technology. Future
changes will be even more dramatic and will occur more rapidly. Theres no turning
back. One result will be a prolonged economic upswing in the developed world, which will
also benefit less wealthy countries, as companies create jobs and improve the
infrastructure in those regions. Innovation will become the only competitive advantage,
placing ever-greater emphasis on knowledge management. Characteristics of this new
economy: global, innovative, perpetually in motion and technology-driven.
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