First of all, Welcome Page has explained core values of Innovative and Creative Management Concepts. Most multinational corporations desire to build in-house pioneering management teams. What is a pioneering management team in the second decade of the twenty-first century?
Business management concepts and values are products and refined results of trial-and-error processes for centuries or thousands of years since human-beings started to perceive the outside world of resources for effective and efficient outcomes through laboring interaction. Now, a corporation has run its business operations under new conditions and changes – more high-tech applications, technical tools, innovative business practices, new business regulations, and more competitive and interactive open market environments – less tariff barriers, more consumer rights, high-frequency financial transactions, and 24x7-uptime communication channels. Pioneering management concepts are all leading management practices and experiments carried on to meet new market conditions and risk-management requirements. Most of asset manage firms have applied such pioneering management values to generate high return-on-investment outcomes. But consumer product makers and service firms in transportation, hotel, consumer service industries or education still have reasons to implement pioneering management concepts to lower their expenditures and increase their profits. But some executives and investors can feel opposite emotion over short-term earnings and long-term gains. Pioneering management concepts trigger more social responsibilities interacting and co-existing to all profit-oriented business management plans in concerns of adding new values into a corporate management structure. A corporation cannot survive by preserving its old management system had succeeded three or four decades ago while the global market has been changed. Customers have brought in more values and influences over how a producer and business firm is supposed to do. Customers have gained more powers over rights of choosing their products and services to persuade corporations to favor pioneering management platforms.
Most of big banks and asset management firms have increased their market capitalization and asset-under-management values by implementing new pioneering management formulas. Consumer electronics companies like Apple Inc, Samsung, Sharp, Fujitsu, HP and Dell have deployed more management strategic teams into core business functions if they cannot afford to reform all departments over a night. They need to use new ideas and innovative business values as pioneering and leading advantages to keep their products and services in the top-five list of global highly-consuming products and favorite choices.
Banking systems or educational systems also need pioneering management formulas, but cultures and conservatism have pulled back these two sectors from using more innovative and creative management styles. Nobody desires to witness changes over a night. Things will change gradually from years to decades before the real results are seen and praised by the public.
Wharton Business School - Pioneering Management
Harvard Business School - Doing businesses in emerging markets
Wharton Business School - Pioneering Management
Harvard Business School - Doing businesses in emerging markets
