Friday, June 24, 2011

Reinventing Human Accomplishment

Gary Hamel, celebrated management thinker, makes the case for reinventing management for the 21st century. In this video essay, Hamel paints a vivid picture of what it means to build organizations that are fundamentally fit for the future - resilient, inventive, inspiring and accountable. Modern management is one of humanity’s most important inventions, Hamel argues. But it was developed more than a century ago to maximize standardization, specialization, hierarchy, control and shareholder interests. While that model delivered an immense contribution to global prosperity, the values driving our most powerful institutions are fundamentally at odds with those of this age. Zero-sum thinking, profit-obsession, power, conformance, control, hierarchy and obedience; don’t stand a chance against community, interdependence, freedom, flexibility, transparency, meritocracy and self-determination. 

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