Can corporations evolve meaningfully enough?


Innovation adviser Erik PM Vermeulen believes the secretive, closed and controlled world of corporations, which was so effective in delivering economic and social development, “is now out of touch with the values of the digital world.”

Business leaders using old business models, outdated organisational structures and strategies won’t cut it in the new world. Digital disruption is no longer news – it has already happened. Boards, as stewards of the organisation, need to quickly adopt the right approach in this new reality.

This is one of several bold, complacency-shattering statements that precede the introduction of innovation adviser, professor and legal practitioner Erik PM Vermeulen, whose 2019 essay, ‘The End of the Corporation’, has likely rubbed up against some ingrained biases.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Aeon Bank, GX Bank confirm not affected by Microsoft glitch
Ringgit up against major currencies, takes breather vs greenback
MCE secures RM19.6mil contract from Perodua for EV components
Optimax signs MoU with Health Ministry for school eye care
Air travel hit by global cyber outage
UEM Sunrise appoints Amran Hafiz Affifudin as director
All FTSE indices, FBM KLCI index value feed have resumed
Ingenieur pursues new contracts, aims for better property yields
Traders from London to Singapore struggle as cyber outage disrupts business
FBM KLCI rises on selective buying amid weak broader market
 

Others Also Read