Management Challenges in the 21st Century

3650 Words Mar 6th, 2013 15 Pages
Management Challenges in the 21st Century
Introduction
The traditional management education and training relies heavily on left-brain thinking, deductive reasoning and analytical thinking. The managers of the future require a different set of skills based on the functioning of the right-brain like holistic or systems thinking, intuitive problem-solving and value-driven decision-making.
While state parastatals could benefit from a number of these corporate lessons, readers should be clear about the many ways in which government agencies differ from corporate entities. In the corporate world, a single metric – profits – surpasses all others in importance. By contrast, a government organization must achieve success across a wide spectrum
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3. Thrust towards inclusive growth, economic upliftment of the poorer section of the society, people participation in development, and a greater focus on minorities. The Integral View
These are the inner and outer evolutionary imperatives of the future. Those individuals or groups organisations, communities or nations who are able to successfully achieve or implement this evolutionary transition will gain evolutionary advantage over others and will be the leaders of the future.
What are the implications of this future evolutionary imperative for business and management? First, in the domain of vision, mission and values organizations have to discover a higher purpose which can inspire and trigger this higher evolution within the organisation.
Second, in the domain of Human Resources Development, there must be a greater attention to the development of the moral, aesthetic, intuitive and spiritual faculties and potentialities of employees which will lead to their higher evolution.
Third, in the domain of Organisational Development, creating a corporate environment and culture which felicitates this higher evolution among employees and also helps them to express this inner and higher growth in the outer life. In this task, building consciously an organizational community governed by the values of French revolution: liberty, equality and fraternity, will be a great help. This means
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