Management Education

My vision of management in both theory and practise for the 21st century is to study the emergence of the new types of capital, and the rearrangement of markets. We also need to see whether the social capital will be characterised by the global consolidation of multicultural organizations and if the theories of management of the 20th century will carry over to the 21st century. I think we need to come up with new executive strategies that foster and maintain innovation and entrepreneurship. I think the focus should be more on social, economic and technological forces that have been developed in the 21st century. We should also view the responsibilities that the managers of the 21st century hold and their relationship with their employees and families to get a positive environment in the work force. A few tips I would offer to the professors are the following:

• Prioritizes on student relationships and leadership skills, and implements change.
• Ensures both physical and intellectual access to the latest breakthroughs, articles, and books.
• Understands students and their social, emotional, and intellectual needs.
• Is committed to the program excellence and lifelong learning.

Below I have come up with a rough sketch on the main topics that we should focus on for future management courses.

Management for the 21st Century

TECHNICAL

Networking
Critical Thinking
Optimization
Control Procedures
Reporting

SOCIAL

Balance
Training Development
Healthy Environment
Cross Cultural Skills
Volunteerism

ECONOMICAL

Worldwide Presence
Innovation and Reliability
International Growth
Well-known Brands
E-Learning