Tomorrow’s Managerial Functions
M. S. S. El Namaki
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M. S. S. El Namaki: VU School of Management
Chapter 5 in Neo Strategic Management, 2023, pp 63-75 from Springer
Abstract:
Abstract It is the contention of the author that classic managerial functions starting with planning and proceeding to staffing, directing, and controlling have, as a result of the dynamics analyzed above, lost ground. Forces of change in the corporation, the managers, the technology, and the environment as a whole have induced grass root change. This change has rendered the classic tenants of the managerial function obsolete. What could emerge, in this author’s view, is a managerial process based on three tenants: neo-strategic thinking, strategic fulfillment, and strategic control. Each of those constitutes a concept of its own and each of those relates to the other within a systems relationship. Strategic thinking leads to strategic fulfillment and strategic control, in that sequence. A feedback completes the process. Neo-strategic thinking constitutes the core. It is tantamount to positioning of the organization within a rather blurred distant environment, building a malleable resource profile, identifying modes of ultimate reach and dynamic process reconfiguration in response to techno-economic driver shifts.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-37208-7_5
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DOI: 10.1007/978-3-031-37208-7_5
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