“Driven by a set of radical changes in their internal and external environments, large global corporations are innovating a new organizational form. Premised on knowledge and expertise rather than capital or scale as the key strategic resources, this new form is fundamentally different from the multidivisional organization that emerged in the 1920s and became the dominant corporate model in the postwar years.”

Read “Beyond the M-Form: Toward a Managerial Theory of the Firm” by Christopher A. Bartlett, Professor of Business Administration, Harvard Business School, and Sumantra Ghoshal, Professor of Strategy and Management, INSEAD. Describe this new organization and highlight its differences from the classic M-form by contrasting its structure, processes, and decision-making mechanisms.