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Ten drivers of radical management in the “creative economy”

Stephen Denning (Stephen Denning's latest book is The Leader's Guide to Radical Management (Jossey-Bass, 2010). It describes management principles and practices required to reinvent management to promote continuous innovation and adaptation (steve@stevedenning.com). His essays appear at Forbes.com: http://blogs.forbes.com/stevedenning/)

Strategy & Leadership

ISSN: 1087-8572

Article publication date: 4 November 2013

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Abstract

Purpose

The author has found that some companies are learning to thrive by adopting a customer-centric model of continuous innovation. He describes their practices.

Design/methodology/approach

These masters of the new creative economy have abandoned many of the major pillars of twentieth century management thinking. The author describes the new principles of the radical management agenda.

Findings

Ten dramatic shifts in management thinking have occurred. The author offers a blueprint for transition from the old to the new perspective.

Practical implications

Leaders must give more attention to competing on the basis of value they are adding to customers, not simply how efficient they are.

Originality/value

In the emerging creative economy, competitive advantage is increasingly transient. Today organizations can only survive by continuously satisfying the changing needs of the customer. The author provides a blueprint for action.

Keywords

Citation

Denning, S. (2013), "Ten drivers of radical management in the “creative economy”", Strategy & Leadership, Vol. 41 No. 6, pp. 18-30. https://doi.org/10.1108/SL-08-2013-0065

Publisher

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Emerald Group Publishing Limited

Copyright © 2013, Emerald Group Publishing Limited

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