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Secondly, the internet and e-mail have practically eliminated the physical costs of communication. This has meant that cooperating with other companies has often become the most productive and profitable form of organization, causing the company to be less integrated. Multinationals in the year 1913 were defined by ownership, unlike multinationals in the year 2025, which will probably be defined and controlled by strategy. Although ownership will naturally still have a part to play, the building bricks of a business will increasingly be alliances, joint enterprises, minority status, know-how agreements and contracts. |
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| Peter F. Drucker Managing the next society |
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