Conference paper
Tendencies in evolution of 21st century management
Marin Buble
; Faculty of Economics, University of Split, Split, Croatia
Abstract
Classical paradigm of management formulated over century ago started to receive substantial critics already in the second half of 20th century. First attack on the paradigm appeared by the end of 1960s when the environment finally started to be treated as an important element of management. The second significant attack appeared in 1978 when Tom Peters (1978) developed the concept of eight principles of excellence which were in complete contradiction with the principles of classical paradigm of management. Peter Senge created further deflection from the paradigm in the 1990 with the concept of learning organization, while in the same year Michael Hammer and James Champy founded the thesis of organization of work around processes, as opposed to organization around tasks. At the beginning of 21st century a significant attack on the traditional paradigm of management was carried out by Peter Drucker who pointed out the changes which will emerge and their implications on enterprise, its organization and management. The greatest attack on classical paradigm of management was carried out by Gary Hamel (2007), stating that many management principles and systems are based on inadequate paradigm(s), and therefore manager's innovations represent ultimate source of competitive advantages. All of this led some authors to ask themselves a question: Is the end of management on the way? In search for an answer to this question, this paper shows that the end of management has not come, but its future is yet to be devised.
Keywords
new management paradigm; new economy; new enterprise; new employee; new business models; new values
Hrčak ID:
139120
URI
Publication date:
14.5.2015.
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