The Future of Management

956 Words4 Pages
Abstract Management development strategies of many organizations seemed to converge in the nineties. We thought the world would stay on a standstill when the millennium loomed. The new word on the street was "Y2K." So what are the concerns for the current state of management development, and what we expect for the future to hold? This paper will tackle such issue. The Future of Management Companies are geared into increase in efficiency and productivity, better choice of goods, more competitive prices, faster execution and better resource allocation. What was true then, will still hold true in the future, except it just may double up. Obviously, ideas like these contributed to the call for far better business management.…show more content…
If they can find a product on-line and save them the trek to the store, they will choose the Internet. Customers are no longer afraid of the World Wide Web. They are actually what you call "Internet savvy." Companies, management and leaders need to realize that if they want to stay competitive in today 's hard business, they need to enhance their business knowledge of Information Technology. More and more technological innovations are sprouting. If a company stays within its boundary of relic technology, it will not survive. The same goes for the managements and leaders of any organization. The need to shed the "old ways" of management is a must. For companies to keep employees, the need to embrace effective leadership and good management style. The organizational culture needs to be value driven, empowering employees to have the entrepreneurial spirit. Line managers, top managers and executives need to be able to manage change in a continuous learning environment while creating and maintaining the appropriate working culture. References ZDNet. (2002). Linksys readies fast Wi-Fi alternative. Retrieved February 18, 2003 from the World Wide Web: http://www.80211-news.com/publications/page275- 424191.html. Kirby, D. (2003). Optimizing Call Center Agent Schedules Through Automation. CRM Marketplace. Retrieved March 4, 2003 from the World Wide Web: http://www.crmmarketplace.com/content/news/article.asp?docid={db2c0da5-
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