ISBN 9781422102503,The Future of Management

The Future of Management



Harvard Universal Press

Publication Year 2007

ISBN 9781422102503

ISBN-10 1422102505


Number of Pages 272 Pages
Language (English)

Business & management

What fuels long-term business success? Not operational excellence, technology breakthroughs, or new business models, but management innovation--new ways of mobilizing talent, allocating resources, and formulating strategies. Through history, management innovation has enabled companies to cross new performance thresholds and build enduring advantages. In "The Future of Management," Gary Hamel argues that organizations need management innovation now more than ever. Why? The management paradigm of the last century--centered on control and efficiency--no longer suffices in a world where adaptability and creativity drive business success. To thrive in the future, companies must reinvent management. Hamel explains how to turn your company into a serial management innovator, revealing: the make-or-break challenges that will determine competitive success in an age of relentless, head-snapping change; the toxic effects of traditional management beliefs; the unconventional management practices generating breakthrough results in "modern management pioneers;" the radical principles that will need to become part of every company's "management DNA;" and the steps your company can take now to build your "management advantage." Practical and profound, "The Future of Management" features examples from Google, W.L. Gore, Whole Foods, IBM, Samsung, Best Buy, and other blue-ribbon management innovators. About the Author Gary Hamel is a visiting professor at London Business School, and the founder of Strategos, an international consulting firm based in Chicago. The opinionated, sometimes acerbic, voice of contemporary strategy, Hamel has produced a steady stream of innovative management ideas. Hamel has written 15 articles for the Harvard Business Review and has authored or co-authored a number of books. He is probably best known for Competing for the Future (1996) ? the book the co-authored with the late CK Prahalad, which outlined the ideas of core competences and strategic intent (originally published in HBR). His other books include Strategic Flexibility: Managing in a Turbulent Environment (with Prahalad, 1999); Leading the Revolution (2000); and The Future of Management (with Bill Breen, 2007). More recently Hamel (together with Julian Birkinshaw from London Business School) founded the Management Lab (MLab). The MLab is a non-profit organization based in Silicon Valley, which aims "to create a setting in which progressive companies and world renowned management scholars work together to co-create 'tomorrow's best practices' today. The goal is to radically accelerate the evolution of management knowledge and practice."