Future of Management
The future of leadership largely depends on the approach managers of all levels have toward employees in their organization. Leadership itself has always been one of the biggest strengths of an organization. The future should show just how vital that leadership becomes. It use to be that leadership came only from the top of an organization. Even today, and more so in the future, leadership is and will be widespread within the organization at all levels. Strategy is still set by leaders and managers at the top, but it is no longer necessary for those same leaders and managers to see that the company goals are achieved. They can now place that responsibility on individuals and teams that are designated by them to achieve those goals. Management and leadership are two separate things all together. These words are often mistaken to mean the same but in reality leadership is a part of management. In fact, leadership is one of the most important traits of a good manager. However, being a leader and being a manager is not necessarily the same thing. In fact, in most organizations today we have leaders in every level in some facet. For a leader to become a manager he or she has to hold some sort of formal authority over other employees.
When we think of management we think of the four functions of management. The four functions of management are: Planning, Organizing, Leading, and Controlling. The basic principles of these four functions will remain the same in the future, but there are ways in which each one will need be tweaked in order to adapt to change. We have already seen major changes in organizing. Planning, leading, and controlling will change based on the personnel of each organization. Employees of today are generally more educated than in the past. Today’s employees are also becoming more involved in leadership roles and decision-making. Organizations will need to make adjustments to their personnel instead of the personnel making adjustments to the organization. As we talk about leadership and management we also have to consider in what direction leadership and management is going. There is an emerging concept of management that is becoming widespread among many businesses. This concept, which is often compared to laissez-faire, is known as “Hands-Off” Management, (Rod Walsh & Dan Carrison, 2001). The concept of hands-off refers to the method of empowering employees. In the old style of thinking, managers or small business owners thought that they had to do the majority of the work
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Approximate Word count = 862
Approximate Pages = 3 (250 words per page double spaced)
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