Big challenges for management
In May 2008, a group of world-renowned academics and progressive business leaders, led by Gary Hamel, debated the future of management during the next 100 years. They all believe that the current management model is outdated and should be reinvented for the future. They came up with a list of 25 management challenges that could create organizations fit for the 21st century. They believe that if leaders do not focus on these issues, companies will not cope in tomorrow’s unpredictable world.
Out of the 25 challenges, these are the ones that fascinated me the most:
* Ensure that the work of management serves a higher purpose.
* Fully embed the ideas of community and citizenship in management systems
* Eliminate the pathologies of formal hierarchy
* Reinvent the means of control
* Redefine the work of leadership
* Expand the scope of employees’ autonomy
* Further unleash human imagination
* Enable communities of passion
* Humanise the language and practice of business
You can read Gary Hamel’s article in the February 2009 Harvard Business Review.
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