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The Future of Management
by
Gary Hamel
For organizations like GE, Procter & Gamble, and Visa, management innovation is the secret to success. But what is management innovation, and how does it
happen? What activities and ways of thinking do such companies cultivate that encourage truly unique management ideas to be born and to flourish? And
how can other companies learn to become management innovators? In, The Fu...more
happen? What activities and ways of thinking do such companies cultivate that encourage truly unique management ideas to be born and to flourish? And
how can other companies learn to become management innovators? In, The Fu...more
Hardcover, 288 pages
Published
September 10th 2007
by Harvard Business Review Press
(first published 2007)
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this is the best practical book on how management is changing and how you can be waaay ahead of the curve. read it, or my notes for an idea of what it's about. the book has a lot more practical advice about innovating your management processes regardless of whether you're running your own company or whether you're working at a big corporation.
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14: Max Weber has been dead for 90 years, but control, precision, stability, discipline, and reliability - the traits h...more
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14: Max Weber has been dead for 90 years, but control, precision, stability, discipline, and reliability - the traits h...more
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Despite the bad naming, I loved this book.
This is not your typical business case-study book. What I love about this book is that it walks you through the thinking process of innovation, customizable to your own organization.
It's like a Innovation Therapy session by a very smart consultant.
I recommend this book to anyone who is part of an organization, and either themselves or through their coworkers felt the frustration of hitting a wall with innovative ideas. This book breaks ...more
This is not your typical business case-study book. What I love about this book is that it walks you through the thinking process of innovation, customizable to your own organization.
It's like a Innovation Therapy session by a very smart consultant.
I recommend this book to anyone who is part of an organization, and either themselves or through their coworkers felt the frustration of hitting a wall with innovative ideas. This book breaks ...more
Rick Austin
added it
Thought provoking book on how the current management practices were a creation of the "factory" mentality of the late 1800's and early 1900's. When you think about all of the innovation that has occurred over the last 100+ years it is interesting to contemplate that our management approach has not change much at all. He uses three case studies, including Whole Foods, Gore, and Google, to show how some companies have succeeded with a complete shift in management approach. Breaking down ...more
This was a fascinating book by one of the best strategic management gurus of our time. Hamel makes a compelling argument that management as it’s practiced today is fundamentally obsolete. Rigid hierarchies, centralized authority, stifling bureaucracy, process slavery, and top-down strategic planning are all 19th century models that have no place in the 21st century. It is no longer sufficient to be efficient and productive. Change (he argues) is occurring at a head-snapping pace, and only ...more
The Future of Management
Gary Hamel with Bill Breen
Harvard Business School Press
As he clearly indicates in his earlier books, notably in Competing for the Future (with C.K. Prahalad) and then in Leading the Revolution, Gary Hamel’s mission in life is to exorcise “the poltergeists who inhabit the musty machinery of management” so that decision-makers can free themselves from what James O’Toole aptly characterizes as "the ideology of comfort and the tyranny of custom."...more
Gary Hamel with Bill Breen
Harvard Business School Press
As he clearly indicates in his earlier books, notably in Competing for the Future (with C.K. Prahalad) and then in Leading the Revolution, Gary Hamel’s mission in life is to exorcise “the poltergeists who inhabit the musty machinery of management” so that decision-makers can free themselves from what James O’Toole aptly characterizes as "the ideology of comfort and the tyranny of custom."...more
He has some interesting thoughts on management. None is really original. What I think are the most useful are:
1. create variety (kind of like Scott Page's book "The Difference"
2. use prediction markets (kind of like "The Wisdom of Crowds)
3. use a democratic decision making style (encourage dissent, distribute leadership)
4. reconsider values (not just shareholder value)
5. mix people together and support personal growth (Florida's "The Creative Class")
1. create variety (kind of like Scott Page's book "The Difference"
2. use prediction markets (kind of like "The Wisdom of Crowds)
3. use a democratic decision making style (encourage dissent, distribute leadership)
4. reconsider values (not just shareholder value)
5. mix people together and support personal growth (Florida's "The Creative Class")
Argues that the purpose of management is changing in the 21st century away from ensuring conformaty towards providing creative license and meaning. Interesting analogies to the development of the web with some good examples of “new” management in action. Seems well fit for retail and creative development, but ill suited for manufacturing and production.
"It is times we all do away with antiquated 20th century, industrial aged thinking and managing. Titles, office location, etc. do not carry the influence it did in the last century. Productivity, meeting goals via clearly indentified metrics and accountability creates the innnovation needed in this new age of management leadership."
Need for Innovation in the practice of management. This will be the only way to sustain strategic advantage over competition. Some important lesson on the questions to asked to assist in developing the new approach. The lessons of Web 20.0 will help is developing the format for Management 2.0
OK, but not as ground-shaking as the Foreward promises.
The author's premise is that the very practice of management should be subjected to processes used to produce system-wide innovation.
For example, Google's use of FedEx Days (in which employees can work on any project they desire one day a week, but Positively Absolutely must deliver overnight, in a next day reporting meeting) marks a novel way to increase autonomy and commitment...
But in a meta-managem...more
The author's premise is that the very practice of management should be subjected to processes used to produce system-wide innovation.
For example, Google's use of FedEx Days (in which employees can work on any project they desire one day a week, but Positively Absolutely must deliver overnight, in a next day reporting meeting) marks a novel way to increase autonomy and commitment...
But in a meta-managem...more
Really enjoyed his insights
One of the better business books.
Gary Hamels book about the future of management is interesting, because it takes old wisdom and puts it into a new and appealing perspective. The book argues the cause of banishing the traditional management orthodoxy with the benefits to unleash the full innovation capacity of organizations.
It is an essential read for people passionate about understanding human behaviour and how to incentivize employees in the context of organizational culture, structure and processes.
It is an essential read for people passionate about understanding human behaviour and how to incentivize employees in the context of organizational culture, structure and processes.
p. 131
p. 170
Distinguish between beliefs that describe the world as it is and beliefs that describe the world as it is and must forever remain.
p. 170
Faith has something to teach us about resilience--not because faith itself has survived, but because faith to the extent it provides individuals with a sense of meaning, helps make people more resilient.
This book establishes that the way we manage things today is archaic, and that the business world needs a model that can actually respond to emerging challenges. Although it doesn't tell you how you should adapt your management approach and what your new concerns should be, it does help you envision how your thinking might need to shift.
This book was not earth-shattering, but the ideas were solid and the examples very interesting. The best examples were WL Gore and Google, for their flexible workplaces. The main ideas of the book were: give your people a mission they can believe in, and time and flexibility to come up with new ideas.
Companies are only as good as the people running them. Every person in the company needs to have control to change the way the company works. It's the front line employees that know the business best and are the life of any company.
A modern business classic.
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