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The Future of Management Hardcover – September 10, 2007
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From Publishers Weekly
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Like many great inventions, management practices have a shelf life...Gary Hamel explains how to jettison the weak ones and embrace the ones that work. --Fortune, September 19, 2007
There's much here that will resonate with forward-thinking managers. --BusinessWeek, October 8, 2007 --This text refers to an out of print or unavailable edition of this title.
Top Customer Reviews
The first section of the book poses a powerful question in terms of what comes next for management innovation. That is followed by an explanation of the importance of management innovation over operational, product and strategic innovation. The section challenges the reader to first imagine, and then invent the future of management. A noble task and one that the author tries to address but unfortunately does not deliver on to the degree that you would expect.
The second section of the book highlights a few case studies such as Whole Foods, WL Gore, and Google. The cases are well written and unabashedly positive highlighting few of the challenges and setbacks people might face in this journey. A few, even anonomyous failures would have been much more illustrative of the concepts Hamel is advocating.
The third and final section is perhaps the best part of the book as it starts to set up some ideas on what future managers and management might look like. Here the results unfortunately are what you might expect, to paraphrase - the future of management will look much like the internet. OK, but I have heard that before from others.Read more ›
The author makes some good points, particularly when discussing the corrosive affect of calcified corporate cultures on employee morale. But he extends his examples of Google, WL Gore and Whole Foods too far. What works for them might not work for other companies. He never makes this distinction (nor tells the reader how to identify it) and he falls into the trap of missing the difference between cause and effect (see the excellent book "The Halo Effect" to learn more about this all too common tendency amongst business management authors).
He gives some good examples of how technology can break down barriers inside of a company, such as internet enabled 'predictive markets' and their ability to help with m&a strategy. But then he goes on to suggest that company sponsored blogs where employees can vent their feelings about their employer (anonymously) might make for a healthier, more innovative workplace. Perhaps I am missing something, but I don't think this would go over too well in most workplaces.
But the real reason I can give only one star is that he never mentions the impact of different cultures on management styles. This is a gross oversight. What works in the US might not work in China, Brazil or India. I was surprised that someone writing a book with the bold title "The Future of Management" could completely overlook such an important topic, especially when our economy is becoming much more global. I would strongly suggest caution if one were to implement some of his strategies.
In the city where I live, we have a number of outdoor markets at which slices of fresh fruit are offered as samples of the produce available. In that same spirit, I frequently include brief excerpts from a book to help those who read my review to get a "taste." Here is a representative selection of Hamel's insights:
"To thrive in an increasingly disruptive world, companies must become as strategically adaptable as they are operationally efficient. To safeguard their margins, they must become gushers of rule-breaking innovation. And if they're going to out-invent and outthink as growing mob of upstarts, they must learn how to inspire their employees to give the very best of themselves every day. These are the challenges that must be addressed by 21st-century management innovators." (Page 11)
"Many factors contribute to strategic inertia, but three pose a particularly grave threat to timely renewal. The first is the tendency of management teams to deny or ignore the need for a strategy reboot.Read more ›
Most Recent Customer Reviews
Well, I read this book for my Management class. I thought Hamel went on quite a few tangents. it was not my favorite.Published 3 months ago by Amazon Customer
Co-determination is an old technology organizations, which is rediscovered. Like Social- or Benefit Corporation. Read morePublished 3 months ago by Matt Mayevsky
Gary takes a fresh approach to managing organizations. I enjoyed his insights.Published 14 months ago by Amazon Customer
London Business School management professor and consultant Gary Hamel has realized that though technology has forever changed how companies operate, they still run according to... Read morePublished 14 months ago by Abhi...
Great easy read, especially for an MBA course! Some real eye-openers, especially if you are looking to redefine your traditional management role beyond the 100-year old model... Read morePublished 18 months ago by DeeJay Dude