Future of Management

Future of Management
The future of management as it relates to organization and their structures is already taking shape in innovative and forward thinking companies. The newer models will become more and more the norm as time goes on. Corporations large and small have realized that the old paradigm of top-down management is often too cumbersome and too slow and in many cases simply too outdated to be effective in today’s fast-paced economy. The traditional hierarchal structure may allow top management to feel as if they are in control of the organization, but the reality is that pressures from the marketplace demand that organizations become more flexible, agile and highly responsive to customers. If unresponsive Company A cannot deliver what the customer wants quickly, then flexible Company B will do so in a heartbeat. In addition, globalization has increased competition tremendously. In order to survive and especially to thrive, organizations must adopt the most innovative struct...