Management Revolution, The
While the five management functions continue to be as important as ever, sweeping changes in the business environment threaten many of the basic assumptions and practices that have characterized management over the years.
Management's Five Basic Functions
It would be no exaggeration to say that society cannot function without organizations. And, equally important, organizations cannot function without those individuals, known as managers, whose job it is to direct the activity of others. In broad ter...
Reactions to Change
Whether change is driven by outside forces or by decisions made within an organization, the initial reaction of most employees is frequently negative.
Managing Change Case Study: Fluor Corporation, The
The Fluor Corporation was for years one of the largest engineering and construction companies in the world, employing close to forty thousand people. But by the mid 1980s, faced with crippling financial losses following the collapse of its engineeri...