Go Forth & Multiply
Management, 1997-present, has been a lot like that movie Gremlins. We started out with a bunch of cute, cuddly new ideas, and before we knew it, the whole town had been overrun with trends. What's next?
In 1977, there was no such thing as a management trend-not, at
least, as we know them today. Back then, almost nobody had heard of
Tom Peters' search for excellence or total quality management,
much less learning organizations, business process reengineering
and the rest of the more recent additions to the management
lexicon. The few trends that were around-hoary ideas like
management by objective-had for the most part been in place for
decades. How times change. A list of current management tools maintained
by Boston-based consulting firm Bain & Co. Inc. contains 66
entries, from visioning and corporate venturing to competitive
gaming and data mining. Many more have come and gone unmarked by
the Bain counters, including adventure learning, co-opetition,
Tao-based management and attempts to translate concepts from
theoretical quantum physics to the operation of a business. Management trends are indeed getting more numerous and fleeting,
according to Paula Phillips Carson, a management professor at the
University of Louisiana in Lafayette. "There are many more
fads on the scene," says Carson, who has studied trends back
to the 1950s. Content Continues Below
"At the same time, we are finding that the life cycle is
getting dramatically shorter," she adds. The average life
cycle from introduction to decline for management fashions from the
'50s to the '70s was 15 years, Carson found. In the 1980s,
the cycle was about seven and a half years. "Fashions
introduced in the 1990s," she says, "have an average life
cycle of two and half years." | ·Technology: First it leveled the
playing field. Where's it headed now? ·Money: Capital was scarce 25 years ago.
Here's its state today. ·Management:Trends are multiplying fast.
What will stand the test of time? ·Marketing: Technology and
personalization will rule this arena. ·Franchising: Get ready . . . the golden
age of franchising is upon us.
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Entrepreneur: A timeline of the forces that
have shaped entrepreneurship through the years |
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Brewing Big (With a Micro Soul)After 18 years of growth and with annual revenue about to break $100 million, Kim Jordan still maintains New Belgium's freewheeling spirit.
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