Future of Management Essay -- essays research papers

With our economy keep to sputter, an increasing number of companies both public and private are looking for to defend themselves by hiring management executives that have seen hard times before. This late trend may be on to something. Recently, Sam Brothwell, an analyst with Merrill Lynch, rung to a group of companies and stated that one of the things that he found with most(prenominal) companies is that there is a little bit to a greater extent gray hair, which he found comforting in todays business place. receivable to the unstable market companies are now looking at the more experienced manager when it comes to recruiting top-level management officials.It has not always been this way, however. Commercials portray drumhead Executive Officers as twenty-something hipsters with rose-colored glasses, instead of the sixty-somethings in charcoal-grey suits and gray hair. Take for instance Silicon Valley and its management staffs, instead a few companies were soaked with young p eople who swore to the company that they had a finger on the pulse of technology. These young people alike were quite positive that they could make their company millions. Did it happen? In some cases yes, plainly in most no. A lot of companies fail because they do not have long-term business plans, and that comes with experience. Experienced management is also seen as a lure for venture capitalist looking to range in a company. The experience that people bri...