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Current Business Trends In the current business scenario what do organizations need to stress or emphasize on most? The current business scenario may be characterized by a shift from a world of predictable, incremental, and linear change to that of radical and discontinuous change which seems to have global implications. Therefore, most organizations would need to gear up for encountering this new world of business that would increasingly demand non-linear strategies for sustaining organizational competence. Unfortunately, most organizations, and their management, control and strategic planning systems seem relevant to the passing era which rewarded efficiency-driven optimization and prediction of future based on the past trends. Increasingly, the important question -will not be about `doing things right,' but about doing `the right things.' As the traditional paradigms of concepts such as organizations, industry, and product / service definitions become increasingly blurred, one would see new models of business that defy traditional boundaries...

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