4 ms·
Undermining presence: lack of IPOs or desire to hold one, increasing prominence of partnerships, prominence of smaller businesses (technology seems to lead here
by Hyena 15y ago
Undermining presence: lack of IPOs or desire to hold one, increasing prominence of partnerships, prominence of smaller businesses (technology seems to lead here), private equity shops, the almost complete elimination of vertical integration (great project of 19th/20th centuries), what looks (to me) like increasing transience of corporations.
Undermining norms: flattening of formal hierarchies, reduction of corporate-cum-personal identity in workers, reduction of same in founders (more businesses operated as "projects" rather than presumed perpetual institutions), slow abandonment of generic "managers".
A lot of this seems more prevalent in technology, but tech is also where we're creating lots of genuinely new companies and so the most likely place for shifting practices.
The "end of the corporation" idea has come up a lot since the 1990s but it may just be availability bias.