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8 pages/≈2200 words
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APA
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Business & Marketing
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Research Paper
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English (U.S.)
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Topic:

Future Trends in Management (Research Paper Sample)

Instructions:

“A 3-5 page single spaced report, regarding the future trends in management. Your report can include past, present and future management practices. This report will be graded on your creativity and critical thinking.”

source..
Content:
Michael Smith
Instructor’s Name
Course Name
19 April 2012
Future Trends in Management
The quality of management in the next decades will be different from the current trends. There are significant trends that are developing nowadays with their positive impacts on organizations. The effectiveness of these trends will depend on managing the quality initiatives in the future.
Management trends are changing as time goes by. The changes happen due to the transformation of technology and need to have the right information for accurate decision making. The main objective is to optimize the business processes. In addition, the way the management and employees interact is also changing with the role of information. The report looks at the trends that change the information practices in management. In addition, it presumes the possible ways of using information for developed scenarios by the workers in the near future.
The future trends may include: improving and evolving of management quality; profound knowledge trend is expected; the six sigma initiatives will be managed as a successful project; change management by organizations will take place to ensure that there is consistency in the work processes; improvement of management will be significant to the organizations; organizations will need to focus on the quality supply management resources and spending; the quality standards will change from the realm of work processes to job functions; the quality departments will do the strategic quality planning to gain the success.
Globalization, new technologies, generational and cultural shifts help people handle and make use of data using new ways. The emerging markets are providing competition for new firms, sources of talent and customers (Fredric 57). Therefore, managements are required to adapt to the new trends that are emerging.
Adapting the global offerings organizations need to be regional. The adaptation is called “glocalization” and the need is growing with the changing trends. The customization needs a bottom up approach, which should capture the comprehensive knowledge on the regional distinctions.
Organizations, even in the native countries, have to take into account these shifting cultural practices. In the future, majority of the work forces will be of the millennium generation. It is an age bracket that has grown up in the digital technology. In addition, they show interest in the working conditions, which are flexible and have flat hierarchies.
The consumers, on the other hand, are becoming increasingly discerning and well informed, because technology is aiding them to compare the different products in the market. The trends will make customers less driven by the brand loyalty. However, this will change, and they will seek to get the personalized offering that gives convenience to location and time. Moreover, the traditional roles will merge, because the customers will want to create value by themselves. In addition, they will seek to share with others and draw a difference from the collected intelligence on the social networks.
The new corporate cultures have to embrace the change that is constant. Globalization and digital technologies will allow for the imitations of services and products that are successful, and that make them get into the market more quickly. Thus, high performers will be compelled to shorten their innovation cycles. Development of quicker and more flexible models of business will be needed. The relationship among the organizations will be formed on project by project basis.
The new technologies will assist in the changing workplace. The organizations will not need to invest in the IT infrastructure; rather, they will have to purchase the IT capacity that is needed by use of services like software’s and cloud computing.
Sensors and computers will become pervasive. They will be embedded in almost all objects ranging from the coffee machines to the other devices that are usually having mobile services. All this will make the user’s experience become more immerse. The wall sized LED displays and other miniature projectors that are known as Pico beamers will require this experience. These devices are able to project the nearby surfaces.
The video gamers are already moving their bodies while playing. In addition, the computers understand speech and gestures. They are turning the human body into some powerful input devices.
Organizational information has gotten into a level of formidable complexity, because the demands and open decision making are increasing. However, this has posed the challenge of picking out the most relevant and high quality information, which requires the understanding of both the situation, in which it is used, and the framework, in which the data is found.
Managing the trends that have developed over the years will require some concepts for organizations to keep at per. Central concepts will include: semantics, bionics, and analytics. Semantics uses metadata in understanding and describing the information. Bionics uses the model of nature in design systems that heal, learn, and organize themselves.
Information Redefined
The amount of data that are stored within organizations is continuing to grow. Information that explains metadata is required to make sense of the value that is within the organization. The electronic documents are described by metadata. The computers will be able to make connections in the organization’s silos, across global semantic web, or with partner organizations. Thus, future employees will be able to create queries that concern their issues, using the search engines in the web.
Workplace Redefined
The worker today sits at a personal computer that is loaded with standardized software. The software draws resources of the processor and local hard drive. In case of hard drive crash or laptop theft, the data that are stored at the local site is lost.
In the future, the employees will need to collaborate with their colleagues using cloud tops, which are...
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