Global Management Practices and Strategies in the IT Driven Society

Cristina MORÃRESCU (), Simona Cãtãlina ?tefan (), ?tefan Cãtãlin Popa () and Cãtãlina Florentina Albu ()
Additional contact information
Cristina MORÃRESCU: The Bucharest University of Economic Studies, Romania
Simona Cãtãlina ?tefan: The Bucharest University of Economic Studies, Romania
?tefan Cãtãlin Popa: The Bucharest University of Economic Studies, Romania
Cãtãlina Florentina Albu: The Bucharest University of Economic Studies, Romania

Management and Economics Review, 2018, vol. 3, issue 2, 225-236

Abstract: The main objectives of the paper are: to identify and analyze the main ways in which global management practices and strategies can be adapted to survive in the context of the IT driven society, to determine which are the best ways in which managers can deal with the challenges of running global teams, to determine new guidelines, in order to accommodate the common shared digital workspace such created, and to change the approach in which the managerial functions and the management process itself is being regarded in, considering the continuous changes of the digital environment, as the current global workspace evolves. In terms of significant results and conclusions, may be mentioned the ones regarding the necessity of shaping a set of new management practices and strategies capable of validating the real requirements of the new social and economic background in which organizations exist in, and the fact that the traditional way in which the management process unfolds is no longer enough. Also, the paper comprises a set of basic guidelines to be followed in terms of establishing current management trends and practices in the IT driven globalized society, which today's practitioners can use when making their own rules of the game, according to the specific context. Given the dynamic of the environment, further research should be considered and conducted in order to better comprehend the way in which managers need to act so that their companies fully benefit from the information technology opportunities.

Keywords: global management; management process; management practice; information technology; innovation. (search for similar items in EconPapers)
JEL-codes: F61 L86 M16 O32 Q55 (search for similar items in EconPapers)
Date: 2018
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mer.ase.ro/files/2018_2/3-8.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:merase:v:3:y:2018:i:2:p:225-236

Access Statistics for this article

Management and Economics Review is currently edited by Ciocoiu Nadia Carmen

More articles in Management and Economics Review from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Ciocoiu Nadia Carmen ().