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From Middleman to Value Creator: The Necessary Journey By Buff Parham/Parham & Associates, LLC It’s no longer a secret that information technology is wiping out middlemen from the transaction chain of a myriad of products and services. “Creative destruction” is the engine of capitalism that constantly eliminates what’s outmoded and replaces it with the latest innovations. Anyone who thinks that this perpetual cycle can be halted is simply wrong—it’s the nature of the most productive economic system that the world has ever known. The real constant in our system is value creation. And even though a particular idea or innovation may be attributed to a corporation or a government, it’s really the individual human beings in those organizations that drive that creation of value.
