Agricultural Economics (AGRICECON) (Jul 2007)
The bonsai management
Abstract
Management can be understood as a "bonsai" integrating its roots in long-term bases with the trunk of general management growing from it supporting a cultivated treetop branching out in the real time. Managers need to develop a new understanding of the management process that will respond to global trends in the world's economy. More precisely it needs to create more progressive management styles. Management will be successful if it is based upon people's own knowledge and their development. In addition it has to look beyond the confines of the company and even of the country and to take into account the on-going and permanent development of technology. With particular regard to technology, man should be seen as a bearer of knowledge, regarded as an investment and seen as a source of long-term profit.
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