The Blue Ocean of Management
The revolution in the speed and availability of information, personal mobility, and technology, aging populations and globalization have all accelerated the rate of change facing organizations, especially businesses. The expectation of personal fulfillment and a superior life-balance at work by the millennial generation further exacerbates the management challenge.
The discipline of management is hard pressed to keep up with this whirlwind.
Theory X, that promoted the carrot-and-stick approach,