The Present and Future of Management

Author: (USA) Schmalensee
Publisher:
Publish Date: 2005-05-01
Features: A summary of the 50-year development of modern management education and practice by outstanding alumni and industry elites from the world's top business school—MIT Sloan School of Management; authoritative predictions for new fields in global management development over the next 50 years; a special book review by the Journal of the Academy of Management. Inspirational speeches by renowned CEOs of global giants like General Motors, Boeing, Nike, and HP, as well as UN Secretary-General Kofi Annan, and insightful talks by Sloan School of Management professors. In-depth analysis of corporate and global capital market issues in the context of globalization and rapid technological advancement, and the impact of high technology on management and human life; prospects for new opportunities and development trends in management, especially in business management, over the next 50 years, as well as the new capabilities leaders need to possess. Modern management has been evolving for over 50 years since its inception. What direction will management take in the next 50 years? Reading this book is like standing on the shoulders of giants to examine this question, gaining valuable insights from one of the global origins of management education and research. Target Audience: Business managers, MBA and EMBA students and faculty. Where is management headed in the 21st century? How can the problems encountered in management practice and education since the new millennium be addressed? What new capabilities do managers need? In this book, you will find in-depth discussions by outstanding alumni and industry elites from the world's top management school—MIT Sloan School of Management on these questions during its 50th anniversary celebration. MIT is a world-renowned academic hub and one of the oldest Ivy League universities in the United States. In 1952, at the suggestion of General Motors President Sloan, the Sloan School of Management was established, always upholding the rigorous academic ethos of MIT in researching management issues. 50 years later, on the occasion of its 50th anniversary, the Sloan School of Management invited outstanding alumni, international leaders, and elites from the business, management, and academic worlds to explore the opportunities and challenges facing the corporate and management sectors over the next 50 years, as well as the future direction of management. The main topics explored in this book:
The development trends of management, especially in business management;
The impact of high technology on management and human life;
The future of global capital markets in the context of accelerating globalization and technological progress—management thinking must undergo fundamental changes to meet more challenging demands. Future managers must gain a deeper understanding of the potential benefits, risks, and ethical challenges brought by emerging technologies. Future management education should strive to cultivate leaders with both moral integrity and professional competence, enabling them to earn trust, face problems and opportunities, and guide businesses to make socially responsible contributions.