2. Mgmt in 1970 Characteristics of past mgmt: Abrasive Tough Work first, everything else second Many upper and mid level managers Employees had multiple bosses Less efficient Wasted time at work
3. Cont… Managers had almost all control while workers just did what they were told. Communication wasn’t utilized to its potential Times were different than today…
4. Changes that have occurred over the years… TECHNOLGY Most significant change to take place Created new techniques and styles Makes work easier and more efficient Allows companies to save in expenses Work Force New generation has entered the work force They have had a different up bringing
5. Cont… New generation has the mind set that they are an asset to the company, so the company should take care of them Education was different Technology used throughout school More and more employees have at least a bachelors degree Majority of work has spent some time in college
6. Cont… A “shift” has occurred with technology http://www.youtube.com/watch?v=ljbI-363A2Q A video created by Karl Fisch that briefly goes into expectations of technology in the future.
7. Mgmt in 2040 Will be drastically different due to advances in technology. Managers will shrink in size with mid level managers possibly being super computers All employees will be accessible 24/7 Technology will enable managers to meet with employees when ever they need to
8. Mgmt 2040 Corporate cost for travel will diminish Advances in technology will enable better video conferencing eliminating the need to travel Video Conferencing can be conducted on smart phones making contact with workers accessible 24/7 Companies will be more productive and efficient Technology used in “2040” most likely hasn’t yet been developed
9. Mgmt in 2040 Management in 2040 is a….. Mystery???