How will companies approach the management challenge?

Here is a visionary tweet by Kenneth Mikkelsen on how companies in the future will approach the management challenge. The businesses will:

  • Have a higher purpose beyond making profit
  • Hire people who are passionate about this higher purpose
  • See all stakeholders as equally important
  • Cultivate long-term relationships with suppliers
  • Have open doors and be transparent with information
  • Encourage decision-making and autonomy all the way down
  • Pay well, provide excellent benefits and be generous with training/development
  • Volunteer services to the community
  • Narrow the gap in pay

Update 2022-09-05
Changed “all shareholders” to “all stakeholders”.

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