Title: Current trends in management: a literature review
Authors: Di Sabato, Vito
Citation: ŠLECHTOVÁ SOJKOVÁ, O. (ed.) Trendy v podnikání 2022, Plzeň 2023, s. 47-62.
Issue Date: 2022
Publisher: Faculty of Economics University of West Bohemia
Document type: konferenční příspěvek
conferenceObject
URI: http://hdl.handle.net/11025/54498
ISBN: 978-80-261-1129-0
Keywords: management;trendy;inovace;agilnost;COVID-19;udržitelnost
Keywords in different language: management;trends;innovation;agility;COVID-19;sustainability
Abstract in different language: In a world so different from the one of last century, featured with uncertainty, quick changes in tastes and needs and industry paradigm shifts, companies are demanded fast adaptation and capability to assimilate knowledge and learning from both internal and external sources. This is the context in which modern management practices emerge. Novel routines and doing certain practices in different ways may be an opportunity for employees to learn something new and renew their excitements for their job. To adopt these trends, companies need to be fully committed to abandon traditional and out-of-dated practices, that is their organizational culture should allow to embrace novelties and to welcome and incorporate unfamiliar knowledge. The current work attempts at describing and reviewing what the current trends in management are. Because the scope of management is broad, trends are chosen according to our experience and knowledge. Particularly, the focus is on management trends are uncertainty, unforeseen events (e.g. COVID- 19) and sustainability. Opting for a literature review, it was possible to find these trends and observe a characteristic that they have in common: they reflect the need for agility, being flexible and be open to welcome flow of knowledge to the company’s organization. Among the trends found, transversal teams, open innovation, lean startup approach and risk management. In order to be fully working, it is argued that organizations should adopt a flat structure and simplify formalities.
Rights: © Authors of papers
Appears in Collections:Trendy v podnikání 2022
Trendy v podnikání 2022

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