SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Safeguard Scientifics SFE
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Allan Harris who wrote (2867)5/20/1999 8:06:00 AM
From: JZGalt   of 4467
 
Thought you might like this

Citigroup's Reed sees U.S. corporate future online

''The burden is on us to embrace the Internet, to get our business onto the Internet,'' Reed said. ''Those of us with more conventional (business) systems are at risk.''

Traditional, hierarchical management structures gradually are giving way to looser organizational set-ups involving more joint ventures and
contractual relationships, partly as a result of the Internet, he said, addressing the topic of business trends in the coming century.

''We were relying on command and control structures we learned from the railroads and the military,'' Reed said of U.S. industry. ''But now we are finding the command and control structures are having to compete with looser forms of organization...My sense is the new forms of organization will be more effective than the old ones were.''

Wall Street was willing to pay high prices to buy shares of companies that were trawling online for new business, fueling a rise in Internet
stocks that Reed said might be justified given the opportunities the new channel offered.

''We look at the stock market and see the prices of Internet stocks and say that it is an aberration,'' Reed said. ''But I think the market is telling us that the Internet is an immensely powerful vehicle...''
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News