Bread line Dayton
Bread line Dayton: Library of Congress

First the workers, then the retirees – victims of the cut-and-paste management of virtual organization

Across the nation, cities and states are watching Detroit's largest-ever municipal bankruptcy filing with great trepidation. Years of underfunded retirement promises to public sector workers, which helped lay Detroit low, could plunge them into a similar and terrifying financial hole. Thanks to a patchwork of accounting practices and rosy investment assumptions, it's not even clear just how big a financial hole many states and cities have dug for themselves.

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Read more about the article Downside of virtual staffing
image by Zuza Ritt

Downside of virtual staffing

The state of Pennsylvania is killing a contract with IBM because, as of July, the project was $60 million over budget and a whopping 42 months behind schedule, state officials said. It was, by any measure, a huge and complex project. It was to give the state a new computer system to track employee wages, employer taxes and handle unemployment claims, appeals, payments.

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Are you Experienced - by Identity Transduction Systems
Are you Experienced - by Identity Transduction Systems

The triumph of the virtual corporation

Dell’s (DELL) buyout is the latest in a series of firms leaving the public market. Since 1997, the number of American companies listed on stock markets has dropped by more than half, from more than 8,800 to roughly 4,100. Some firms leave the market due to mergers or going private (Dell), while many are delisted due to bankruptcy or liquidation (Circuit City, Borders, or Eastman Kodak). But Dell's buyout represents something bigger: The triumph of the virtual corporation.

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Japanese Translation of Virtual Organization (PDF format)

Translator: Akira Kawaguchi Download the entire translation as a single ZIP file or individual chapter PDFs below. Complete Japanese Translation (ZIP file containing all chapters) Individual chapter PDF files - Forward by Translator - Profile of Translator - Preface to Japanese Translation (by Author) - Foreword (by Murray Turoff) - Preface - Chapter 1: Intimations of a New Order -…

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