Management Challenges for the St 21 Century

6974 Words28 Pages
The Central Management Issues of Tomorrow

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Management Challenges For The 21st Century - Page 1

MAIN IDEA Business management is currently in the middle of a
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Supporting Ideas A paradigm is a basic assumption about reality. Therefore, paradigms determine what is considered to be a "fact", and what can be disregarded with impunity. Prior to the 1980s, the following management paradigms held: 1. Only businesses are concerned with management philosophies and practices. 2. There is only one right way to manage people. 3. There is only one correct organizational structure. 4. Managers focus solely on internal issues. Since the 1980s, however, the paradigm, the underlying assumptions of management has changed considerably. The old paradigms have actually become obstacles, and they must be replaced. The new emerging paradigms of management are: 1. Management practice does not just apply to businesses. It is valuable in any and all organizations. At the beginning of the last century, almost everyone was engaged in economic activities to survive. In the next century, however, more and more people will move into nonprofit social activities. It is in this area that systematic, principle-based management can produce impressive results. 2. There is no "right" or "wrong" organizational structure. The object is to develop a structure that fits the task. History has shown there is no "right" or "wrong" way to structure an organization. Instead, the structure should be viewed simply as a tool for enhancing productivity -- and whatever enhances productivity and builds on strengths
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