Business has driven little change from the traditional hierarchical model or organization. Modern times necessitate this change in order to achieve speed, focus and competitiveness. The Centerless coporation replaces the bloated, inefficient headquarters with a minimal core of senior management and support staff. All other functions are done by the business units. Staff functions are done by a shared services unit or outsourced (or not done at all). The board of directors becomes more responsive and involved. The core focuses entirely on corporate values and image, strategic direction, and communication. Examples that at least approach this ideal GloCorp are GE and HP. In theory, it seems like a great concept and a compilation of the best things the best companies are doing. And it seems unlikely to happen anytime soon.