The Future of Management
Monday, October 8th, 2007Gary Hamel’s new book, The Future of Management, is out. I’ve been waiting for it ever since I heard him speak at Fortune’s Innovation Forum in New York last year. His fundamental insight is that while there are many aspects of our lives have undergone fundamental change and in some cases, innovation, the way we manage our organizations are stuck in the industrial revolution. The quote I remember from the conference is, “Our management structures are essentially the same as those of third world dictatorships. And we know the dictatorships don’t work.” I am not through the book yet, and while it can be a little redundant, its thesis is strong, his objective modest and open-ended “you’ll have to figure out what management innovation means for your organization,” and he provides several examples of companies with innovative management such as W.L. Gore, Google, and Whole Foods Market. While I come at it from my particular point of view of Creative Production, Hamel’s sense that our paradigm of management needs a revolution is refreshing, exciting, and spot on.