Analysis of the work: Management In The Future Society, by Peter F. Drucker, Final Part.
After a few days I finally share the end of the analysis of the work "Management in the Future Society", by Editorial Normal, year 2006. This is an activity carried out as a result of the Individualized Studies Chair of the Doctorate in Administration Sciences, as a contribution to the topic "Management styles in the Venezuelan public administration".
I invite you to read, because we have the knowledge within reach of a book or a digital article. Information is everywhere.
Analysis of the work: Management In The Future Society, by Peter F. Drucker, Final Part.
Translated with www.DeepL.com/Translator (free version)
2.-THE FUTURE SOCIETY:
The determining factor of the future society will be the rapid increase of the older population and the rapid decrease of the younger population. This influences in many ways the composition of employment, the human resources practices to be implemented. For example, the large number of retired workers will be transformed into temporary employees, part-time employees, contractors or consultants. In a few years, perhaps half of a company's workers will not be its employees. The increase in new ways of working, including telecommuting, are influencing organizations and their policies.
The decline in the young population will cause new policy issues, such as the need to increase immigration to replace the shortage of young labor. The market will be dominated by middle-aged workers. Companies will have to develop programs to attract and retain them. In the future there will likely be two distinct classes of workers: those under and those over 60.
So demographics will be not only the most important factor in society, but the least predictable and least controllable.
The future society will be the knowledge society, the knowledge workers will be the dominant group of the population, it will be characterized by three things:
- Absence of Borders.
- Upward mobility, thanks to the ease of acquiring new knowledge and updating.
- Both the potential for failure and success depends on each individual.
The knowledge society is the first human society in which upward mobility is unlimited. Knowledge differs from all other means of production in that it cannot be inherited or bequeathed. It has to be acquired again by every individual, consequently today everyone is expected to succeed because it depends on you and the knowledge you are willing to achieve; this idea did not exist in previous generations.
The companies of the future will become very different organizations, there will be new alliances, joint ventures, minority participation. These new businesses will need a different kind of senior management.
3.-WILL THE COMPANY SURVIVE?
Yes, but not as it is known so far, there will be other principles:
- The means of production are knowledge and this knowledge is extremely portable. This makes the knowledge worker an equal, an associate, a partner.
- The vast majority of the organization's workers will not be its employees, but part-time employees, temporary employees, contractors, consultants, remote employees.
- Disintegration will be the pattern, that is, all possible routine services that do not add value to the business will be hired outside the companies: personnel management, settlements, hiring, training, manufacturing, etc.
- Now the client has the information, thanks to the Internet he knows everything about his suppliers and their products.
- There are almost no exclusive technologies left, new different technologies are continuously created, which makes the industry constantly updated.
4.-THE FUTURE OF THE HIGH MANAGEMENT:
As the company becomes a confederation or a grouping, an increasingly separate, powerful and responsible top management is needed. Its duties will encompass: the direction, planning, strategy, values and principles of the organization as a whole; its structures and relationships with its various members, its alliances, partnerships and joint ventures; and its research, design and innovation.
He will be responsible for the administration of resources common to all units of the organization: key personnel and money. He will represent the company to the outside world and maintain relationships with governments, the public, the press, and organized workers.
He will be responsible for balancing the three dimensions of the enterprise of the future society: as an economic organization, as a human organization, and as an increasingly important social organization.
Apparently it takes a genius to lead a large organization, this clearly indicates that the top management is in crisis.
The failure of many CEOs who came with a tradition of success is making us believe that this is an impossible job. Or that the jobs they took over have become impossible to perform. The American experience suggests systems failure, not human failure.
The top management of large organizations needs a new concept.
These new concepts are beginning to appear, such as: creation of new forms of organizational structures, new styles of directives, new executive managers to supervise different areas of the business. Each company has chosen its model, we will have to wait about 10 years to see the results of the appearance of these new models.
During the fifty years after World War II, the company has proven itself as a brilliant economic organization, responsible for the production of wealth and employment. In future society, the great challenge for big business, essentially for the multinational, may be its social legitimacy: its values, its vision, its mission. In the future society the top management will be the company, everything else can be hired from outside.
CONCLUSIONS:
It is not at all easy to pretend to make a critical analysis of Peter Drucker's work, but once the analytical summary presented here has been elaborated, it will be easier to issue criteria regarding the work.
The author's extensive experience as a consultant to various types of companies and as a writer, allows him to bring his ideas perfectly into line and gradually guide the reader, by means of forceful statistical and demographic data from various countries around the world, to demonstrate his initial theory. In other words, the author convinces the reader that the future society will suffer all the vicissitudes enunciated by him in his book.
The different contemporary authors consulted corroborate a great part of his theories, either under different versions of the same story or under emerging theories with pompous names that end up saying the same thing with other words and philosophical-literary figures.
The reader catches us by its direct and concrete language. Some chapters are the result of interviews made for a particular scientific magazine, whose questions the author requests in advance, to answer them first in private, and to ensure the perfect agreement with his theories and ideas previously disclosed. This practice is carried out throughout the work, as he himself says, continuously reviewing each new edition, which ensures the impossibility of presenting contradictions of ideas or statistical or demographic data, to which he is fond of, in order to validate his theories.
The ideas are concrete, widely demonstrated, perfectly concatenated and each chapter is given the same attention to demonstrate his theories; also, he has a wide support of data and documentary information, reinforcing all this with the invaluable experience of the author as a consultant of an impressive number of companies from the most diverse business branches.
In conclusion, it is a work rich in updated information that provides invaluable knowledge to the reader, especially in the areas of business, administration and management practices.
Translated with www.DeepL.com/Translator (free version)
With all my love
Angelica7
La vida es tan hermosa, que todos podemos hacer la diferencia.
Minnow Support Project: Si todavía no estás en la comunidad ¿Qué estás esperando?
Minnow Support Project: If you are not yet in the community, what are you waiting for?
Imágenes tomadas de Pixabay: Portada1 CC0 Creative Commons Logotipo: Tomado de la página @MinnowSupport Diseño de collage de imágenes: @angelica7 Gracias @aggroed por compartir las imágenes palnet.io/palnet/@minnowsupport/100-posts
Que nadie apague tu luz interior
Te invito a conocer a:
Canales del Discord: @votovzla PAL-net @rutablochain @Cervantes
La vida es tan hermosa, que todos podemos hacer la diferencia.
Minnow Support Project: Si todavía no estás en la comunidad ¿Qué estás esperando?
Minnow Support Project: If you are not yet in the community, what are you waiting for?
Imágenes tomadas de Pixabay: Portada1 CC0 Creative Commons Logotipo: Tomado de la página @MinnowSupport Diseño de collage de imágenes: @angelica7 Gracias @aggroed por compartir las imágenes palnet.io/palnet/@minnowsupport/100-posts
Que nadie apague tu luz interior
Te invito a conocer a:
Canales del Discord: @votovzla PAL-net @rutablochain @Cervantes
Hi angelica7,
Visit curiehive.com or join the Curie Discord community to learn more.
Thanks for the support, it is valuable to find them in my post. Good vibes.
Thank you for sharing this content based on the book and it shows us an open philosophy to be an entrepreneur for many goals all in our decision.
This author I recommend them to all who want to know a little about where management was born, it is a very good place to start.
Good vibes.
Hello @angelica7
Thank you for posting within our communitz on HIVE.
Please spare few minutes and read how project.hope is organized and learn about our economy.
That would help you understand more our goals and how are we trying to achieve them. Hopefully you will join our community and become strong part of it :)
Do you use telegram or discord? If you do then join our server and give me a shout. I would gladly share with you goals of our community and introduce to others from our team.
Our discord server: https://discord.gg/uWMJTaW
Yours,
@project.hope team,
Thanks for the nice greeting and for the invitation. I am within their discord, I do not know the team's telegram, if they send me the invitation I will gladly join.
Best of success for you.
Good vibes.
Hi @angelica7
I bookmarked your post a couple of days ago to come back to and just found the time.
It is an interesting topic based on interesting research.
Knowledge in the workforce is so important but my experience is that many people, despite the opportunities, do not seek greater knowledge. I work in Europe in a professional services organisation. You could say I am a knowledge worker.
We find it very difficult to find the resources who have sufficient knowledge to do the work that we do, despite the fact that the roles can be well paid. So why is it that in a time when jobs are competitive, we cannot find people?
I believe that too many people just want the easy options in life and that working hard and thinking long term is just too much effort.
Hello Awah, what emotion you have given me by indicating that you are pending to read again.
Certainly, the culture in organizations has changed so much that perhaps the greatest value that can be had is the gift of human quality, from my personal opinion.
I mean, apart from the importance of technology within organizations, what should never be lost is the personal relationship and respect, no matter whether it is in person within an organization or from a distance.
Within your concerns I can find that you indicate that:
Knowledge in the workforce is so important but my experience is that many people, despite the opportunities, do not seek greater knowledge.
This reality that you have just highlighted, leads us to that worker who does not want to leave his conford area and is satisfied with just being within the organization without doing further, or learning new things to seek to create and provide contributions within the organization.
To this type of employee, the author refers that, to be in the society of the future, it is necessary to be a knowledge worker, which implies adapting to changes and even why not say it, fighting against ourselves and our refusal or laziness of not learning new things.
This author wrote this book many years ago, perhaps some things can be understood out of time, but today more than ever I see it adapted because it invites us not to remain anchored, but to look for new ways within management so that business leaders move your employees and for this it is necessary to adapt, evolve, act, among other elements that provide value to the change processes.
I was pleased to answer this comment, but much more to find this question, because the incredible thing about this blockchain world is the form of interaction and the opportunity to meet people who are interested in what you do, sincerely thank you, and I hope that in the place Wherever you work, you are giving the best, because wherever we are, each one of us must do the best, that can be the big difference between one organization or another, having identified employees and giving or better.
Good vibes.
Thank you so much for taking the time to give such a lengthy reply.
I believe that in the future, most current unskilled work will be replaced by machines leaving knowledge working as the area that humans still engage. Education will need to be for longer and more in-depth to gain the level of understanding to complete these jobs.
When this happens, I belive we will be split into 2 groups of people.
A group that don't want to put the long years of effort to study and learn. They will more and likely be satisfied by universal basic income and have most of their time following leisure activities.
A few that do study long and hard to take the high knowledge working jobs. The reward may be more but the hours put in will make many think it is not worth it.
Perhaps a third group still of the super-rich.
Thanks again for your reply - and stay safe.
Con el apoyo de la familia.
Trail de TopFiveFamily
Thank you for sharing, @angelica7
This article is very interesting, since it places us before the changes that are occurring around us and in which we participate to some extent.