editedbook
Publication: IIP Proceedings Year: 2022, Month: November Page No: 88-101, ISSN/ISBN: 978-93-95632-95-9, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023F47293C8FEA92E0.pdf
FUTURISTIC TRENDS OF MANAGEMENT
Area/Stream: Management, Authors: Dr. Rafiya Banu Keywords: Technology and digital phase, Artificial Intelligence, Soft skill focus, Project management trend, and operational management trend. Book Name /series: Futuristic Trends in Management, Volume 2, Book 7, Part 1, Chapter 9Publication: IIP Proceedings Year: 2022, Month: November Page No: 88-101, ISSN/ISBN: 978-93-95632-95-9, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023F47293C8FEA92E0.pdf
Abstract:
The management domain has seen enormous changes and structurization in its form, design, outlay, and framework. In each stage of its development, a new trend is created which is adopted by various forms of organization to survive in the competitive business arena. In the current period, the management focus on technology bounded along with the digital phase of the trend. Nowadays management largely focuses on the highly revolving element, Artificial Intelligence. Based on the literature review it was identified that in management, Artificial Intelligence has a special form of recognition concerning the creation of data-driven management, getting better results, and picking up administrative slack. On analysis of the real working management boundaries, it is obvious that the organization’s focus is mainly on deploying and recognizing soft skills which are given equal importance as much as technical skills. Based on the overall analysis we can interpret that there is a presence of drastic change from traditional management trends to modern management trends. The most significant point of understanding is that each stage of trends in management has an equal view on the provider(business) and customer (receiver of benefit). Therefore, the present trend of management focuses on benefiting both parties of commerce that is business and customer. The dynamic nature of management makes it to be complex and vaster which requires various aspects to analyze and interpret.
Cite this: Dr. Rafiya Banu,"FUTURISTIC TRENDS OF MANAGEMENT", Futuristic Trends in Management, Volume 2, Book 7, Part 1, Chapter 9, November, 2022, 88-101, 978-93-95632-95-9, https://www.rsquarel.org/assets/docupload/rsl2023F47293C8FEA92E0.pdf
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