Why it is Time Now for The Management Shift
Vlatka Hlupic
Chapter Chapter 1 in The Management Shift, 2014, pp 1-31 from Palgrave Macmillan
Abstract:
Abstract Organizations today are surfing on the edge of chaos. Markets change faster and faster, unforeseen influences require quick adaptation, and organizations constantly need to be one step ahead and to reinvent themselves. Many businesses, including small and medium-sized businesses, are becoming global, helped by advances in connectivity and digitalization. This means that competitor profiles are constantly shifting and there is an increasing emphasis on innovation, cooperation and collaboration. Other challenges include an accelerating pace of change, complexity, uncertainty and the fast transition towards a creativity economy. The management dogmas of the past do not serve their purpose anymore; it is time to adopt new thinking, take a different type of action in organizations worldwide and make these organizations more human and fit for purpose. Organizations and societies are better able to adapt by taking a path based on values, integrity, purpose, compassion, continuous innovation and the commitment to make a positive difference and safeguard the future for subsequent generations.
Keywords: Business School; Share Price; Child Poverty; Harvard Business Review; Harvard Business School (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-35295-8_1
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DOI: 10.1057/9781137352958_1
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