In 2014, Every Business Will Be Disrupted By Open Technology

Breathless tone of the article aside, I agree with the following:

Passion and Connections Trump Assets and Capabilities:  In the scale economy, bigger was always better.  The aim of every entrepreneur was to grow their business in order to acquire greater assets and capabilities.  These, in turn, could then be leveraged for more growth, creating a virtuous circle. Success would breed more success.

Now, however, we are operating in a semantic economy where everything is connected and no one is safe.  No matter what business you are in, someone can come up with an idea, access the capabilities they need—from logistics to finance, technology to talent—and be competing with you by lunchtime.

The bottom line is that the function of an enterprise is no longer to create efficiency by organizing men and material, but to create value by directing passion and purpose.

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