The vanishing corporation

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Why corporations are bound to vanish (well, at least some of them, to some extend)

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The vanishing corporation

@fdemeyer

frederic@i4fi.com

fredericdemeyer.com

Instituteforfutureinsights

fdemeyer

could a company of –say- 1B$ Turnover be run by one single person?

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

…let’s put this to the test…

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

Open innovation

platforms Open sourcing User generated

innovation

Most of Fortune 500 use

open innovation now

Open sourcing spreads even

to pharmaceutical market

Fiat Mio made through input

of +10,000 customers

the world becomes your R&D center

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

manufacturing without factory (3D printing)

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

Outsourcing 3D Printing

Open Innovation

Open source

Outsourcing 3D Printing

Using the crowds’ creativity

to design logo’s, websites,

new product features, …

Using the crowd to assess

the market potential…

Using the crowds’ creativity for

producing things

(advertisements, videos, …)

the anonymous crowd becomes your marketing department

Outsourcing 3D Printing

Open Innovation

Open source

Open Innovation

Open source

Outsourcing 3D Printing

Traditional marketing role Marketing through social

buying platform

let consumers do your marketing

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

do you know of any company with a (potential) sales force of +150M people?

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

• 72% of customers think self-service support is

a fast and easy way to handle support issues

• 91% of customers would use an online support

center if it were available and tailored to their needs

• 67% of customers said they preferred self-

service over speaking to a company representative

your customers become your customer service center

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

(any) technology provided ‘as a service’

R&D

Manufacturing

Marketing

Sales

Customer

Service

ICT

many corporate functions could be performed by (very) few people

Of course this doesn’t apply to all companies or functions, and the future is never this extreme… However:

• boundaries of traditional company organization are evaporating

• companies can –and will- do more with less people

• will this leave the rest of the workforce to survive on freelance basis? if so we will need to teach students new skills

www.i4fi.com www.fredericdemeyer.com

additional questions: frederic@i4fi.com

the future cannot be predicted …but it can be made !

(ancient African saying)