The Future of Management

Numerous factors have and will continue to change the practice of management. Advancing technology, changing demographics including an aging workforce and vast diversity in the workforce, and globalization are just a few of the changes facing managers today. These factors will continue to change the ways in which managers manage. In this paper, I will talk about how globalization will change the future of management, and how it will affect new management concepts and trends. …

…knowledgeable in leadership, communication and finance, as well as the motivation to guide his organization through any form of change. I perceive that the four functions of management will not change in the future. Globalization has changed new standards, and every manager must be prepared to meet this change by still using the skills of leadership, communication and organization, as well as the ability to guide his or her business through any form of change.