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The Link between Management and the System

Decent Essays

DM 204
Reaction Paper 2 – 21 July 2012
Submitted by: Angelica Barlis

Are Managers Obsolete?
Thomas M. Hout, Harvard Business Review
Businesses, organizations and companies have their own objectives that need to be achieved, through which the role of a manager is essential. These objectives will be accomplished through and with people in the most advantageous way of utilizing the available resources. In the article of Thomas M. Hout, he presented two interesting ideas that will make the readers contemplate whether or not the success or failure of a corporation depends solely on the management or to the different factors beyond the control of the management.

The Management
There are people who are trained to be high-quality …show more content…

A business ecosystem is defined as groups of firms which together provide complex products and related services to meet end-to-end requirements of users across the value chain. This trend is the response on the requirement of the system. This is a collaborative approach among different groups in order to serve each actor within the chain. "Innovation in ecosystems requires collective action to both invent and appraised, efficient, cross-organization knowledge flows, modular architectures, and good stewardship of legacy systems. It rests on multiple, complementary platforms.” as quoted from Professor Baldwin of Working Knowledge.

DM 204
Reaction Paper 2 – 21 July 2012
Submitted by: Angelica Barlis

“Every organization in the ecosystem has to be aware of the bigger picture.”. To be able to survive the global market arena, organizations should explore the idea of working with each other to attain their company’s specific objectives. The interconnectedness of each player gives a fair chance to achieve their respective goals.

Seeing through the Development Lens

This school of thoughts are not only applicable to businesses and corporations but as well as to the development work. Development managers bring various interventions to rural countryside and the

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