Not in this economy! Or maybe not ever - again!
I got a call from a friend tonite, VP of Bus Dev for a multi-billion dollar company. He told me they "just laid off 30% of their sales staff"
(You know a company is calling it "gameover" when they start laying off large percentages of sales teams.)
Many multi-billion dollar companies are cratering under the weight of their own inefficiencies in this recession.
But this isn't just another recession - a down cycle from which we will soon recover. This is a tectonic shift in how companies do business, forever.
How customers buy, what they buy and where they buy is changing faster than any company will ever again be able to keep pace with - as one company, sustainable enough to grow to become a billion dollar company.
Will 2009 be the end of the multi-billion dollar company? We'll see.
What I see for 2009 is billions of dollars in opportunities for millions of entrepreneurs!
Needs still go unfilled, compelling problems are still seeking truly disruptive solutions and now......
....there's an abundance of talent and creativity that's been unleashed from the vise-grip of those billion dollar companies.
Oh the irony! Corporations claim their greatest challenge is finding and managing talent.
Has our global economy outgrown the "billion dollar company" as a business model?
