Teams of Leaders Concept (ToL) and E-Business Operations

Information Technology (IT), and the subsequent broad acceptance of Information and Knowledge Management (IM/KM) methods revolutionized the way business is thought of and practiced. With e-business facilitating the ability to do more, more, faster, at a wider range, and to influence ever larger and more diverse consumer groups, the impact of technology on commerce, finance, and global economy has been frequently compared to the " paradigm shift " that Kuhn (1970) proposed as the essence of scientific revolution. Yet, despite the transformational influence of modernity on the ancient art, the fundamental principles of business have not changed: overreliance on the facilitation of business operations as the substitution for the adherence to the soundness of their conduct fuelled rampant growth of corporate laisse faire, and already twice brought the world to the brink of economic disaster (Stiglitz, 2003; Steingart, 2008). Ultimately, a new realization begins to emerge: e-business makes cut-throat competition, winning at any price, and " devil take the hindmost " philosophy (Chancellor, 1999) not only obsolete but perceived by the increasing number of business leaders as harmful if not even dangerous (e. Instead, the notion that " we are in this boat together " is gaining an ever wider acceptance: under the influence of technology the world has, indeed, changed (e.g., Canton, 2006). It started to converge, and now some even conceive it as " flat " (Friedman, 2005.) In reality, the world is probably not " flat " but far more three-dimensional and textured than it has ever been before. Technology converted point to point interactions into a complex set of relations that, based on networks