The Future of Management

by Gary Hamel

Number of pages: 271

Publisher: Harvard Business Press

BBB Library: Operations Management

ISBN: 9781422102503



About the Author

Gary Hamel is a founder and chairman of Strategos, and Visiting Professorof Strategic and International Management at the London Business School. He is the co-author of the international bestseller, Competing for the Future.

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Editorial Review

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.

Book Reviews

Gary Hamellatest book, The Future of Management,comes at a time when American companies face a new avalanche of competition from China and India, as well as entrenched competition from Japan and Western Europe." The New York Times

"This book was easily the best leadership book I read in 2009 and should be required reading for all practicing and preservice school administrators." Big Think

"In The Future of Management, Gary Hamel argues that your greatest hope for growing your organization and leading it to breakthrough success (and making a LOT of money) is to get out of the way." The Business Owner

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Wisdom to Share

Initiative, creativity, and passion are gifts. They are benefactions that employees choose, day by day and moment by moment, to give or withhold.

While the tools of management can compel people to be obedient and diligent, they can’t make them creative and committed.

While most executive would willingly attest to the value of initiative, creativity, and passion, they face a troubling conundrum.

It’s also the only way it can survive in a world of bare-knuckle competition.

In a world where strategy life cycles are shrinking, innovation is the only way a company can renew its lease on success.

Most human beings are creative in some sphere of their lives.

These tasks are central to the accomplishment of human purpose, be it mounting mission to Mars, running a middle school, producing a Hollywood Blockbuster, or organizing a church bake sale.

Anything that dramatically changes how this work gets done can be labeled as management innovation.

In this new century, we must strive to transcend the seemingly unavoidable trade-offs that have been the unhappy legacy of modern management.

Modern management multiplies the purchasing power of consumers the world over, but also enslaves millions in quasi-feudal, top-down organizations.

Over the course of its development, modern management has wrestled a lot of burly problems to the ground.

Having evolved rapidly in the first half of the 20th century, the technology of management has now reached a local peak.

Management is out of date. Like the combustion engine, it is technology that has largely stopped evolving, and that’s not good.

Most companies have a roughly similar management hierarchy.