The Future of Management

The future of management is changing rapidly. Starting at the end of the 20th century, corporations began restructuring themselves. The introduction of the Internet, advances in technology, globalization, diversity, and social responsibility have forced many companies to rethink old management styles and look for more innovative ways to compete for their market share. This rapid change has left many companies on the decline because they either were not willing or were not ready to adapt to such rapid change, and it caused stagnation. …