Internet anxiety

In industry after industry, corporate America is suddenly feeling the uncomfortable gnaw of Internet anxiety - a stomach-churning mixture of envy, resentment, and increasingly, just plain fear. Behind the fear is the threat of extinction as big, established, old-line companies lose their market shar...

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Bibliographic Details
Published in:Bloomberg businessweek (Online) p. 56
Main Authors: Byrnes, N, Judge, P C
Format: Magazine Article
Language:English
Published: 28-06-1999
Online Access:Get full text
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Summary:In industry after industry, corporate America is suddenly feeling the uncomfortable gnaw of Internet anxiety - a stomach-churning mixture of envy, resentment, and increasingly, just plain fear. Behind the fear is the threat of extinction as big, established, old-line companies lose their market share to smaller and newer rivals who have got onto the Net. This has led to a revolution, and mastering the Net has moved front and centre on corporate America's agenda. The Internet model of doing business, with fewer hard assets, a direct pipeline to customers, and freedom from the hierarchical management structure of most of corporate America, offers a new level of speed and operational efficiency for those who master it, and huge dislocations for those who don't.
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ISSN:0007-7135