Saturday, September 22, 2007

The Future of Management

Gary Hamel, of "Competing for the Future" and "Leading the Revolution" fame, has a new book coming out in October titled "The Future of Management". I found out about it from a Wall Street Journal article where he holds up Google as one of the top examples:

In "The Future of Management," a book due to be published this autumn, Mr. Hamel argues that Google's innovations go beyond the fine points of search-engine algorithms -- extending into big, enduring aspects of general management. The Mountain View, Calif., company is packed with intriguing, distinctive ways of running itself, he says. These include radical decentralization; small, self-managing teams; a just-try-it approach to rolling out new products before they are fully finished; and a willingness to let engineers spend sizable chunks of time on offbeat projects.

Put it together, Mr. Hamel contends, and Google is committed to building a company that can evolve as fast as the Web. That is crucial in today's turbulent business climate. Old ways stop working. Powerful new rivals pop up in the most unexpected places. Many well-established companies, even renowned ones, thrash helplessly as traditional strategies lose their potency.

Reading book excerpts, as well as watching some of his videos here, here, and here, I was deeply inspired, and am really looking forward to the book. There are many similarities to the concepts we espouse in The Entrepreneurial Organization, as well as with the Enterprise 2.0 movement, which is discovering the management changes as a side effect of the new Web 2.0 technologies inside the enterprise.

Just like the first wave of client-server and ERP computing helped enable the business process re-engineering movement of the '90s, it's looking more and more like new social software tools will spark another revolution in the management of organizations - and OpenTeams wants to lead the way along with Dr. Hamel, Google, and others.

Update: Another great excerpt of the book in Fortune.

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