The New Management

Forces like technological change, globalized competition, deregulation, political instability, and trends towards service jobs and the information age have altered the playing field on which firms to be efficient, responsive, flexible, and capable of competing and reacting rapidly to competitive and technological changes.

Firms are recreating themselves to fit these new conditions, by implementing new management methods that enable them to cope with great competition and rapid change. Forces such as technological innovation, globalization, and deregulation mean that companies today must cope with much greater levels of competition, change, and unpredictability than ever before. As a result, to succeed some companies have instituted new management methods (such as mini-units, Internet based financial controls, and team-based organizations) that enable these companies to be more efficient, and also much more effective at reacting quickly to competitive and technological change.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

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