The Future of Business Landscape

The business world is usually influenced by business environment changes such as technological changes. The changes can have complete renovation impact of business processes. The trends in forces of big shifts in the business environment influence fragmentation and concentrations of businesses in the economy affecting the interactionism and relationships that exist in business.

Is your time best spent reading someone else’s essay? Get a 100% original essay FROM A CERTIFIED WRITER!

Order now

According to a discussion by John Hagel, these trends affect firms as well as innovations in modern business management (Hagel III, J., Brown, J. S., & Davison, L. 2012). They hold a discussion on the future of the business landscape and the impacts of big shifts effects on the business environment. The argument of John Hagel is on the basis of technology changes impact on the business and how it unleashes network effect even in mega-corporations. He also argues fragmentation and concentration in the economy usually affects businesses. The two concepts go hand in hand in a way that businesses can only experience a degree of concentration when there is fragmentation on the other areas. Fragmentation in the economy will make business growth difficult while concentration will stimulate growth (Hagel et al. 2010). Therefore interactionism between the two will determine the type of growth experienced by businesses and industries.

Big companies and businesses seeking growth probably integrate leverage growth, a concept that has ideas of how these big companies connect with and mobilize with fragmentation in the economy to deliver more to the customers. John Seely has the concept of synergies in the interaction between concentration and fragmentation and how they feed into each other in the economy (Hagel, Brown, & Davison, 2009). Certain types of concentration platforms such as cloud computing influences interaction between businesses while businesses in fragmented economies will run from each other. More so, businesses in the economy are advised to frame issues based on the future.

Conclusion

In summary, it is evident that technological changes usually affect businesses and firms while fragmentation and concentrations in the economy influence businesses interactions and relationships that exist between firms. Concentration will encourage firms' growth while fragmentation will discourage growth.

References

Hagel III, J., Brown, J. S., & Davison, L. (2012). The power of pull: How small moves, smartly made, can set big things in motion. Basic Books.

Hagel III, J., Brown, J. S., & Jelinek, M. A. R. I. A. N. N. (2010). Relational networks, strategic advantage: New challenges for collaborative control. Control in organizations: New directions in theory and research. S. Sitkin, L. Cardinal, and K. Bijlsma-Frankema, Editors. Cambridge University Press: Cambridge, UK.

Hagel, J., Brown, J., & Davison, L. (2009). Measuring the forces of long-term change: The 2009 shift index - Deloitte Center for the Edge.