Summary of The Naked Corporation

Don Tapscott and David Ticoll

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Rating

7 Overall

8 Applicability

9 Innovation

6 Style

Recommendation

Authors Don Tapscott and David Ticoll examine the managerial implications of the age of transparency. Now that the Internet has enabled employees, suppliers, consumers, gadflies, critics and casual lookers to get and swap previously confidential information about companies, the business environment will never be its old self again. Companies have no confidentiality, no privacy and no way to dodge the truth. Those with nowhere to hide must to get accustomed to life in the open. It’s not so bad. But to prosper in this wide-open world, managers need to understand that the new way of life has different demands than the old one. Although many of this book’s recommendations have become fairly well known, getAbstract.com finds plenty of insights that remain fresh and worth reading.

In this summary, you will learn

How transparency has changed business competition;
What your company should do about it; and
How technology abets transparency.

About the Authors

Don Tapscott and David Ticoll are longtime collaborators, and the authors of Digital Capital and Blueprint to the Digital Economy. They have written for such publications as The Wall Street Journal, The Financial Times and Forbes.

Summary

Transparency Drivers
Today’s "Age of Transparency" has brought about many changes. The most important factors pushing for transparency are: Technology, especially news media and the Internet - New telecommunications technologies have created an expectation that anything that...