Organizational Transformation Through Human Values

Abstract

The chapter reports some new trends in business and management. (i) Technology & communications are already changing how organizations operate. Organizations are becoming into teams through empowerment and creating learning organizations and building communities. (ii) Some leading organizations have realized that they are communities, which serve greater goals than the traditional bottom line. (iii) Community and nation building are fast becoming the scope of organizations. As companies become global, the community spirit in organizations is expected to grow. (iv) Practice of leading organizations has shown that sustained economic progress is possible by following a system of ethical values. It is argued that responding to these trends some new objectives should be defined: (1) To create awareness that organizations are developing to managing energy flows and fields with an evolving spirit. (2) To explore how the organizations of the future will also create a path for individuals to develop along. (3) To highlight the needs of an emerging era when businesses have to confront the need to cooperate and collaborate, operate more in harmony with nature and be more ethical.