The Future Of Management. Essay

860 words - 3 pages

Management is changing. It is evolving at the speed of technology and it seems that only the young will survive. With technology running rampant and employees demanding to be treated as equal, managers today and in our future are faced with creating new and innovative ideas to facilitate change and keep their employees challenged and productive while maintaining esprit de corps as well as increasing revenue.Historically, managers were the ones who walked by and gave orders. Numbers measured productivity and employees were reprimanded if they were not performing efficiently. There were no incentives or bonus structures. Little interaction was done between the manager and the employee. The employees were task oriented, unable to talk or communicate without the fear of backlash from the managers. All management was required to wear suits and ties hence the stereotype given by the employees, "the suits" referring to the management staff. The general consensus from the management staff was "yours is not to questions why, yours is but to do or die."However, times are changing. Upper level managers are realizing that in order to improve productivity, their employees need to be happy. We are learning that if an employee feels a loyalty toward their manager they are more likely to perform better. Companies are flattening and hiring more knowledgeable employees and these employees want to feel that they are worth something and need a strong leader to motivate and direct them. Today it is no longer about managing employees it is about leading them into the future. I see that this will be moreover the style and method for management.Also, family needs are playing a great role in the future of management. All employees including managers are demanding companies to allow time for their families. Work and family are an even priority. This will inevitably lead to family dominating the way managers conduct business. Companies have to create new and innovative ideas to help managers and their staff alike to balance home and work.This change from management to leadership and team building is caused by a number of different factors. There is a new market. The market demands are no longer in the "sellers" court (employer) but in the "buyers" (employee). Knowledge based employees are highly sought after. The service industry is booming and the need to fill these positions is extremely high. Benefit packages are offered along with incentives and sign-on bonuses. Companies are competing to capture the best" employees. Thus, managers will have to reinvent compensation and advancement in order to...

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