NEW TRENDS IN MANAGEMENT

Micu Alexandra () and Micu Ion ()
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Micu Alexandra: Academia de Studii Economice, International Business and Economics
Micu Ion: Academia de Studii Economice, International Business and Economics

Annals of Faculty of Economics, 2014, vol. 1, issue 1, 1194-1199

Abstract: Over the last years, management have been facing a series of profound changes in trends coming and going, one being more productive than other or causing more damage when applied improperly. The paper focuses on the last trends in management that have evolved in the last years, trends that have been marked by a Darwinian business environment and made more unforgiving since the financial crisis and the innovations in technology, social media and management philosophy. The paper will present and describe the most important new trends in management that enabled select organisations to remain competitive and overcome the multiple difficulties caused by the ever-changing economy based on a qualitative research. From the "outside innovation" that is considered always to be the key in overcoming the obstacles facing an organization, to the new buzzword "design", that is said to ensure the organization long-term competitive advantage, the paper will analyse new trends and also will be describing the impact they have on the welfare of the organization. The research has also shown that managers tend to put a greater accent on searching for innovation rather than efficiency in order to ensure a continuous progress in the organization and to maintain business sustainability. The paper will not be comparing the efficiency of these different philosophies, or the results they generated, as time will still be the ultimate judge.

Keywords: trends; management; change; organization; innovation; business (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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