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Tomorrow’s Managerial Functions

In: Neo Strategic Management

Author

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  • M. S. S. El Namaki

    (VU School of Management)

Abstract

It is the contention of the author that classic managerial functions starting with planning and proceeding to staffing, directing, and controlling have, as a result of the dynamics analyzed above, lost ground. Forces of change in the corporation, the managers, the technology, and the environment as a whole have induced grass root change. This change has rendered the classic tenants of the managerial function obsolete. What could emerge, in this author’s view, is a managerial process based on three tenants: neo-strategic thinking, strategic fulfillment, and strategic control. Each of those constitutes a concept of its own and each of those relates to the other within a systems relationship. Strategic thinking leads to strategic fulfillment and strategic control, in that sequence. A feedback completes the process. Neo-strategic thinking constitutes the core. It is tantamount to positioning of the organization within a rather blurred distant environment, building a malleable resource profile, identifying modes of ultimate reach and dynamic process reconfiguration in response to techno-economic driver shifts.

Suggested Citation

  • M. S. S. El Namaki, 2023. "Tomorrow’s Managerial Functions," Springer Books, in: Neo Strategic Management, chapter 5, pages 63-75, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-37208-7_5
    DOI: 10.1007/978-3-031-37208-7_5
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