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Toward a New Paradigm of Management
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Do business leaders and managers live by a different code of ethics than doctors, lawyers, politicans, and other professionals in society?
The press is full of stories of greed, self-aggrandizement, lust for power, corruption, and dishonesty. Yet, there are forces at work that create powerful motivations to change this behavior and there is increasing evidence of a potentially dramatic shift in both the values of business leaders and the practices of management.
The basic proposition of this article is that we are on the brink of a shift in the paradigm of management. If this is the case, what will characterize the new paradigm?