Because today's companies are more technically capable and more economically efficient than their predecessors, the typical 21st century organization will be transformed into one where owners and workers they are one and the same, and it will also be a borderless organization. A boundaryless organization is one in which the widespread use of teams, networks and similar structural mechanisms means that the boundaries separating organizational functions and hierarchical levels are reduced and more permeable. The boundaryless high-performance organization will place the needs and expectations of employees alongside the needs of the organization. The arrangement for employees, the organizational context and the climate in which they will work must be right if employees are to engage with the company and deliver the high performance required of them (Holbeche 33). Increasing the skill level of workers is also becoming very important. In most high-paying positions, workers are required to not only have the educational background necessary to perform their duties, but also demonstrate the skills necessary to succeed. Jobs that were traditionally considered technical positions, such as courier work, now require a strong technical component and the use of computers and other electronic devices. At the same time, semi-skilled and unskilled jobs that employed masses of workers are rapidly disappearing (Boyett and Snyder). Twenty-first century companies are owned by employees through pension plans, stock options, equity contracts, and other assets. avenues. Shareholders have the power to select managers and board members to run the company and the "open book" attitude is... middle of paper... Horizon, 1998. 6(2), 1 409 http://horizon.unc.edu/projects/seminars/OTH/Boyett-Snyder.htmlKleiner, art. “Twenty-First Century Organizations: Four Plausible Perspectives.” Global business network. November 1995. www.gbn.comHolbeche, Linda.2004. "Human resources and the high-performance organization." Strategic HR Review.3, January/February 2004: 32-35.Ulrich, D. (1997). HR Champions: The next agenda for adding value and delivering results. Boston: Harvard Business School Press. Willax, Paul. June 2001. “Fluid” is the key word in 21st century organizational structure. Business magazines of American cities. http://www.bizjournals.com/louisville/stories/2001/06/25/smallb2.html?t=printable