Within the economic jungle of the early 21st century, one of the species most threatened with extinction is the large, long-in-the-tusk beast known as the multinational corporation. Beset by competition and dramatic changes in its global environment, the multinational is being forced to evolve - quite rapidly - into a different life form.
We at IBM call this the "globally integrated enterprise". Unlike the multinational - which created miniversions of itself in markets around the world - this new kind of organisation locates work, skills and operations wherever it makes sense, based on access to expertise, on superior economics and on the presence of open environments and technologies.
My company, like hundreds of others around the world, is in the midst of such a transformation. In our latest worldwide survey of more than 1,000 chief executives, 86 per cent said they were planning fundamental changes in their asset and knowledge mix in order to become more globally integrated.
But, as we know from biology, natural selection applies to all creatures, not only the large and powerful. Smaller organisations are also undergoing parallel changes. They are discovering, to their delight, that small does not necessarily mean local.
This is very new. In the past, if you were a small businessperson, you were a local businessperson. You served a local market, had local suppliers and drew from a local workforce. You maintained a local storefront and strong local relationships.
Of course, this local-to-local model will always be with us, but it is now being complemented by something novel. Many small businesses have figured out that the potential buyers of their products and services are not just their neighbours. They can now also reach out to the fast-growing "global middle class" - which, according to the World Bank, will include 1.2bn people in developing countries by the year 2030. That is 15 per cent of the world's population, up from 400m today.
This vast group of new consumers will have annual purchasing power of between $4,000 and $17,000 per capita and will enjoy access to international travel, cars, other advanced products and international levels of education. They will not care where those products and services are created.
Entrepreneurs, like corporate chiefs, have noticed. Thanks to the globally networked infrastructure that was built on open standards during the 1990s, this new species - the global small business - can tap into worldwide supply chains and global talent pools, with skills available any time, anywhere. They are able to adopt very new kinds of management systems - networked, real-time and highly collaborative. They can find, partner with and even aggregate with other organisations rapidly.
The economic and societal importance of this cannot be overstated. Small companies and entrepreneurs are the engines of job creation for local communities and regions. Jobs - how they are created and how they are lost - are arguably the single most important hot-button issue in the escalating debate on global integration.
It is an axiom in democratic societies that "all politics is local". Well, that also applies to jobs. Therefore, the most important actor in the unfolding drama of global integration may actually be the smallest and closest to home - the new global entrepreneur.
Perhaps not surprisingly, given its novelty, there are few existing mechanisms to support this promising new player. One interesting approach to fill that gap could be an online exchange, specifically designed for the new global entrepreneur, and for the many regional planning and governmental authorities focused on helping them and on creating the jobs of the future.
When everything is connected, work flows. In the era we are now entering, the key to success will be whether you can get work to flow to you. That will depend not on how big you are or where you are located, but on how you differentiate yourself through innovation, within a much larger and more open arena. Today, these same criteria - and opportunities - apply to the small as well as the large.
We are surrounded today by vast new possibilities, but they bring with them an unprecedented complexity to social and economic life. Yet, for all its challenges, hundreds of millions of entrepreneurs, professionals and "new global citizens" seem eager to take this journey.
Will we?
The writer is chairman, president and chief executive, IBM