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The Future of Management: Global Trends and Possible Scenarios of Development of Managerial Profession

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Professionalizing Leadership
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Abstract

Being a cross-cutting profession, management is engaged in different types of activities, which is why its current and future position should reflect the modern transformations of work and professions. It also should reflect changes in the object and the conditions of governing. Given such a perspective, this chapter studies the trends that may shape the future of management in the coming decades and its likely professional development. The chapter explores significant global trends in work, knowledge accumulation, the status of professions and the new role of ICT, which are seen as drivers of the potential future of professional management and contribute to its transformation from semi-profession to super-profession, super-authority or enterprising management service. These three perspectives are regarded as three different scenarios of the development of professional management.

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Notes

  1. 1.

    In this paper, we are not going to examine the question of the extent to which entrepreneurship and management training differ, since both occur within the framework of established business schools, include standard courses in the main sections of management; the differences between entrepreneurship and management are rather far-fetched, if we take Druсker’s approach to management (Drucker 2008). A good manager should be a bit of an entrepreneur in the sense that ensuring the connectivity of processes in the real life of companies involves the willingness to use elements of innovation to solve intricate/tricky questions or if something goes wrong in the process. A simple transfer of instructions from the top down and monitoring compliance with instructions and regulations did not call management to become a profession.

  2. 2.

    The electronic platform does not become an effective management tool in itself. To be such, it must meet the interests of employees; otherwise even the best intentions of managers will not be realized (Venters and Wood 2007).

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Moskovskaya, A. (2018). The Future of Management: Global Trends and Possible Scenarios of Development of Managerial Profession. In: Örtenblad, A. (eds) Professionalizing Leadership. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-71785-2_11

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