Of the five management functions, which do you expect will experience the most dramatic changes in the next decade? Defend your answer. Which will have the least amount of change? Explain your answer.
Changes in Management
Full Answer Section
The function that will have the least amount of change is planning. This is because the basic principles of planning are relatively stable. However, the way that planning is done may change as new technologies become available. For example, artificial intelligence (AI) could be used to help managers make more informed decisions about the future.
Here are some additional thoughts on the changes that I expect to see in each of the five management functions:
- Planning: I expect to see more use of AI and other technologies to help managers make more informed decisions about the future. I also expect to see more focus on sustainability and social responsibility in planning.
- Organizing: I expect to see more flexible and adaptable organizational structures. I also expect to see more focus on cross-functional collaboration.
- Staffing: I expect to see more emphasis on hiring for skills and competencies, rather than just experience. I also expect to see more use of remote work and other flexible work arrangements.
- Leading: I expect to see more focus on coaching and mentoring, rather than simply giving orders. I also expect to see more emphasis on creating a positive work environment and empowering employees.
- Controlling: I expect to see more use of data and analytics to monitor performance. I also expect to see more focus on continuous improvement.
Sample Answer
The five management functions are:
- Planning: This involves setting goals and objectives, and developing strategies to achieve them.
- Organizing: This involves creating a structure for the organization, and assigning tasks and responsibilities to individuals.
- Staffing: This involves recruiting, selecting, and training employees.
- Leading: This involves motivating and inspiring employees, and providing them with guidance and direction.
- Controlling: This involves monitoring performance, and taking corrective action when necessary.