This article is written by gary harmel. Management was creation of humankind.

progress has
been made in the field of structures, process and techniques. Like matrix structure and
functional organisation structure have been found. Wealth maximization lacks the power to
fully mobilize human energies, but that is not the case always .Money is the prime motive
and because of it no body think of the quality of the work.Because more and more people
are aware of the environmental factors and cause , the companies are more scruitinizing the
work .today to survive in competitive environment companies must work as single unit. That
is what we learned the sbu where strategies in same unit are same. Social responsibility and
adaptableness of an organization is getting more and more important especially in
developed economies and competitive industries. Becomes complicated as the considering
the wide range of factor such as economy of the country, type of industry, competition levels
etc…Fresh innovative idea and entrepreneur capabilities are the success way in the today
world. For this to work out the formal hierarchical structure of old management type should
be abolished and innovative and well defined structure should be made which gives out
natural leader to world.power politics contributes than the position. In matrix organisation
strucuture there can be chance of more power politics.

Risk taking and free expressing opinion are encouraged and become primary necessity in
todays competitive world. organizations is that the direction setting should be shared as the
environment is becoming more complex for a single mind to take all the decisions. Those on
the front lines must be informed and empowered so they can do the right thing for customers
without having to ask permission. If they have to refer decisions upward, adaptability suffers.
Companies must create a situation where internal ideas are competing to get funding and
retaining their best minds is also going to be a challenge. In dynamic organizations people
are their best resource and retaining them is the greatest challenge for HR management.

The world is changing. The first management pioneers had to turn freethinking, bloody
minded human beings into obedient, forelock-tugging employees. They were working
against the normal human nature. But management 2.0, the management of future is trying
to be humane in every aspect

Moon shots

Ensure that the work of management serves higher purpose.

Reconstruct management philosophical founder.

Eliminate the phatologies of formal hierarchy

Reduce fear and increase trust

Reinvent the means of control

Redifine the work of leadership

Expand & exploit diverisity

Reinvent strategy making as an emergent process

Destructure and disaggregate the organisation

Dramatically reduce the pull of the past

Share the work of selling direction

Develop holistic performance measures

Expand the scope of employee autonomy

Create internal market for ideas talent and resources

De policize decision making

Better optimize trade off

Managerial minds