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Review of Moon Shots for Management Case Study

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Submitted By Traktor7
Words 1193
Pages 5
Moon Shots for Management by Gary Hamel

Summary:
Most of the fundamental breakthroughs in management (work flow design, annual budgeting, project management etc.) occurred in the early twentieth century by people like Frederick Taylor and Henry Ford. They had to solve the problems of efficiency and scale, and their solution was bureaucracy, with its hierarchical structure, cascading goals, precise role definitions, elaborate rules and procedures.
Managers today face a new set of problems caused by a volatile and unforgiving environment. For example: how to create organizations that are as adaptable as they are focused and efficient; or how can a company innovates quickly enough to stay relevant and profitable?
A group of scholars and business leaders assembled in May 2008 to lay out a road map for reinventing management in order to cope with tomorrow’s volatile world. They emerged 25 ambitious challenges - "moon shots" listed below:
1. Ensure that the work of management serves a higher purpose. Management, both in theory and practice, must orient itself to the achievement of noble, socially significant goals.
2. Fully embed the ideas of community and citizenship in management systems. There’s a need for processes and practices that reflect the interdependence of all stakeholder groups.
3. Reconstruct management’s philosophical foundations. To build organizations that are more than merely efficient, we will need to draw lessons from such fields as biology, political science, and theology.
4. Eliminate the pathologies of formal hierarchy. There are advantages to natural hierarchies, where power flows up from the bottom and leaders emerge instead of being appointed.
5. Reduce fear and increase trust. Mistrust and fear are toxic to innovation and engagement and must be wrung out of tomorrow’s management systems.
6. Reinvent the means of control. To

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