CHAPTER FOURTEEN

BRIDGING THE GAP BETWEEN THE OLD AND THE NEW ECONOMIES

HE COULDN’T UNDERSTAND IT. HERE he was, stumbling along in what was both a familiar and an unknown world, with all the familiar landmarks changed. Worse, he felt—and looked—old and tired. Only this morning he had been in the prime of his life. This afternoon he was out of his element. He hadn’t changed—the world had changed.

When Rip van Winkle woke up just over two hundred years ago from his twenty-year sleep, his world had changed. Just imagine him having to understand the changes that have taken place in the business environment since 1980—in just over twenty years! Even managers who have been navigating the changing waters over this period face challenges. If innovation ...

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