Frontier Theories and Methods of Enterprise Management - Major Trends in 21st Century Enterprise Management

Author: Shan Bao
Publisher:
Publish Date: 2006-07-01
Features: As humanity entered the 21st century, a new economic form was increasingly demonstrating vitality, attracting global attention. This new economic form was termed the "knowledge economy." What is the knowledge economy? In short, the knowledge economy is an economy based on knowledge. The Organization for Economic Cooperation and Development (OECD), headquartered in Paris and primarily composed of developed countries, published a research report titled "Science, Technology, and Development Outlook 1996," which summarized the essence of the knowledge economy: the knowledge economy is an economy built on the production, distribution, and use of knowledge and information. It also regarded the knowledge economy as a new economic form following the agrarian and industrial economies. With the rise of the knowledge economy globally, the management environment for businesses has undergone significant changes. These changes in the management environment, in turn, will have a profound impact on business management, driving the continuous development of management science. The theories, ideas, and methods of modern business management were developed against the backdrop of modern large-scale production. The transformation brought by the knowledge economy to businesses is revolutionary, and this revolutionary change is comprehensive. Entering the 21st century, not only developed countries but also the entire world and humanity will eventually enter the era of the knowledge economy. The essence and characteristics of the knowledge economy have raised higher requirements for business management and presented new development trends.