9 Entrepeneurisms: Management Practice for a VUCA World

Poor management or just incompetent management compounded by dated practices has a destructive impact on the company and on the economy. The business environment is increasingly competitive and running a business of any size has new challenges, externally, and equally internally with management and employees. The study and practice of management have several initiatives over the last 50 years: Competitive Advantage, Core Competence, Balanced Score Card, Quality, Re-engineering, Innovation, Change Management... and they keep coming. The basic management practices of organizing resources, though, have not changed much since the Industrial Revolution. The internet has exponentially expanded the communication opportunities, so the consumer has greater choice through greater access to information employees. “Entrepreneurship is Management 9.0. Ignite your business by remaking it to compete, cope with change and attract the right leadership talent.”