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”.