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Technology has always been an integral part of human civilization. Never before
in history has technology made such profound impact on human life as it does at
the dawn of the Cyber Age. Pervasive influence of modern information and
communication technologies is fundamentally reshaping the global economy,
creating what is called the "Digital Economy". Digital
economy both enable and requires organization s to continually learn new
knowledge and systematically deploy it for value creation. Knowledge has always
been a factor of production, and a driver of economic & social development . But
in recent years our capacity to manipulate, store & transmit large volumes of
information at a fraction of cost has increased at a staggering rate. The
digitization of information & accompanying outreach of internet are facilitating
new intensity in the application of knowledge to economic activity. Knowledge
has become the key ingredient of emerging businesses. Increasing
complexity and the consequent instability marks the emergent business
environment that defies solutions through traditional managerial tools. The
problem in the new business environment is that the business and the target are
constantly modifying each other and coevolving. Emergent business require a new
management frame work that combines the human intellectual capital and digital
technological processes to enable knowledge work and value creation. |
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News & events |
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