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Monday, April 6, 2015

Can You Keep Up?


Video Source: Youtube.

The above video from mid-2014 features American management expert, Gary Hamel, speaking (actually, yelling) about the pace of change, and if and how we can keep up. He points out that the recession was at least partly due to the transformation of the economy due to technology: "The world is becoming more turbulent, faster than our organizations are becoming more resilient." Individuals and businesses are having real problems coping with the flood of information and the exponential expansion of the technological environment.

Triangular hierarchical management structures cause a lot of these problems. Hamel claims that those hierarchies responded to earlier social and economic conditions, unsuited to the demands of new economies. The question he seeks to answer is how people can become more committed, autonomous and efficient in their work, so that they can respond to change and evolve profitably without becoming overwhelmed. There is more from him below, talking on the evolution of management in 2011.

Video Source: Youtube.

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