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Change is a common occurrence across all organizations. The ongoing technological developments have become the maingenerator of new trends in business operations. Unfortunately, no organization can make accurate predictions of what is to come. According to Dukach (2022), year after year, there have been various unprecedented crises that have challenged management practices. Thus, leaders and managers must use these lessons and track ongoing trends and forecasts within management to establish agile systems. Such systems are necessary to meet the demands and success of future management.
A crucial component of future management pertains to innovation and the adaptability of management to innovation. As stated by Dukach (2022), the speed of innovation via technological advancements is creating significant disruption. These new systems and tools will change organizational structures, business operations, and relationships. As such, organizations will no longer afford to continue with rigid management practices and corporate structures. Instead, there will be a shift toward flatter hierarchies, flexible working, and self-management practices that promote a value-driven and fluid organization.
The future of management will see an increase in complexity. Managing these complications will require investments in fostering community and collaboration practices. Therefore, management leadership should invest in proactive approaches that improve interpersonal relationships. Dukach(2022).
Provides examples of ensuring employees are engaged, motivated, supported, and empowered. As a result, these employees gain a sense of community and belonging to the company, which should help improve retention rates. As such, the future of management will involve a transformation of many business processes and management practices toward becoming more flexible, adaptable, and pragmatic.
Managers adoptingthese trends will become better positioned to create productiveand successful people and workplaces.
