Thursday, February 8, 2018

Interaction economy is the new age for organization surviving?

In the Interaction Economy the differentiating factor is not knowledge, but rather the rate at which we do new and valuable things with that knowledge. Rate of adjustment is crucial and is driven by the interaction of three elements: initiators, partners, and information. . Initiators start interactions; they are exploring or are already committed to a strategy for producing value. Partners are those with whom the initiators must interact to create economic value. Partners may take the form of customers, associates, employees, superiors, suppliers, and/or allies, that is, anyone who must parti...

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