Globalisation is forcing a fundamental review of how large organisations need to be structured in order to compete in a rapidly changing world. The arguments put forward by leading management thinkers are well known (Drucker, Senge, Handy, Argyris, Bartlett & Ghosal)) and can be distilled into the propositions that competitive advantage can only be maintained by creating and applying new knowledge; that the most flexible organisational form is the extended network organization held together by a flow of knowledge; that autocratic top down management styles are less and less appropriate; and that people are an organisation's chief asset.