Business guru Tom Peters sees e-business shakeout

Speaking at the e-Link 2000 conference sponsored by CommerceOne, the author of "In Search of Excellence and the Reinventing of Work" series said that most companies will fail in their efforts because they lack the intestinal fortitude necessary to accomplish their goals.

"E-commerce is not a technology play," said Peters. "It's a relationship, partnering, communication, and organisational play, made possible by technology."

Peters said the real issue is whether companies have the guts to engage in creative destruction.

"It's all about nerve," said Peters. "E-commerce will work to the extent that you alter every relationship in your organisation. So the real issue is: Do you have the nerve to do this? Growth is a function of the nerve to destroy."

Peters predicted that over the next 10 years the business world will undergo a "white collar revolution" where 90 per cent of white collar jobs will be destroyed or altered beyond recognition.

"If you don't get every business process on the Web in 48 months, you stand a good chance of dying," said Peters. "And you cannot do business-to-business e-commerce in a six level organisation. It has to be a flat organisation."

Peters said the key to e-commerce success is the ability to establish meaningful partnerships, which most companies are unable to do.

"You need to insanely share proprietary data with your partners," said Peters. "Unfortunately, I don't know one Fortune 500 company in 200 that is capable of doing that."

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Michael Vizard

PC World
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?