Implications Beyond Silicon Valley

Executives in many industries may be skeptical about new management models from Silicon Valley firms. A common objection is: “These are mostly software companies. How would their lessons apply to the packaged-food industry, or chemicals, or …?” Problems of translation must be considered, but good models have proved to be highly adaptable. The management practices identified in Silicon Valley could be viewed as the latest step in the development trajectory of Management of the Firm.