The Future of Management

The Future of Management Numerous factors have and will continue to change the practice of management. Advancing technology, changing demographics including an aging workforce and vast diversity in the workforce, and globalization are just a few of the changes facing managers today. These factors will continue to change the ways in which managers manage. In this paper, I will talk about how globalization will change the future of management, and how it will affect new management concepts and trends.The world of today is not the world that existed years agonor will it be the same tomorrow. Globalization has brought enormous changes to the world of business and it has changed many aspects of the management world. Nayan Chanda (2002) an editor of YaleGlobal Online states that globalization is a trend that has intensified and accelerated in recent decades and come into full view with all its benefits and destructive power. Just as climate has shaped the environment over the millennia, the interaction among cultu res and societies over tens of thousands of years has resulted in the increasing integration of what is becoming the global human community.à º ¥Ã  º ²Ã  º §: à º Ã  º ²Ã  ºâ„¢Ã  ºË†Ã  º ±Ã  ºâ€Ã  º Ã  º ²Ã  ºâ„¢Ã  ºâ€¢Ã  »â€°Ã  º ­Ã  ºâ€¡...They both decide what needs to be done; they create networks or teams of people and relationships to complete projects or daily tasks while ensuring that employees accomplish these tasks. Leadership also has implementation process of aligning people to a desired vision as well as inspiring employees to follow that vision. Leadership does not provide consistency, but creates change through developing a vision of the organizational future as well as strategies to achieve that vision.Management oversees the work of their employees. In a successful management role, managers coach, nurture, and empower workers to use their skills and expertise to provide a positive outcome. Managers also inspire efficiency, productivity, and creativity by provid ing direction as well as their support. For example, managers focus on various training programs, such as communication skills, technology, knowledge, problem solving, mission, vision and values. Management performs the yearly...