Organisation Challenges in Modern Business

1. MANAGEMENT CHALLENGES IN THE NEW MILLENNIA (21ST  CENTURY)

Impact of Globalization – leads to strategic challenges of mixed cultures and languages in the business environment.

Managing Across Borders – the ability of an organisation to survive and succeed in the 21 st century transnational workforce and borderless business environment. Challenges in managing enterprise-wide production environments.

Revolution of Information Technology

Security Issues with wide usage of internet platform in business transactions.

2. The Knowledge-Worker

 These new industries differ from the traditional 'modern' industry in that they will employ predominantly knowledge workers rather than manual workers.

The major changes in society would be brought about by information. He argues that knowledge has become the central, key resource that knows no geography.

3. The Key to Organization Survival & Prospering in the 21 st Century

Corporate Strategy – Organizations must have a structure that help to unleash the power of their professionals and to capture the opportunities of today's economy.

Social Responsibility – The issues of privacy and confidentially, accessibility to technology issues, property right and ownership issues, freedom of speech.

Global Challenges – impact of globalisation and cross-border work culture.

4. Ecological Issues – Oil exploitation and land rights, food security, mining in Africa, climate vulnerability and ecotourism.