Emerging Management Challenges
  • Effects of Globalization
  • Black Swan Event vs Predictability
  • Knowledge Based Management
  • Ethics and Social Responsibility
  • Development of Environment
  • Empowerment of Employees
        Executive Summary
        •  Semenjak krisis keuangan global di tahun 2008, semakin 
           disadari bahwa kita tidak bisa memprediksi masa depan 
           dan tantangannya, oleh karena itu kita harus mampu 
           mengembangkan system manajemen organisasi yang siap 
           menghadapi ketidakpastian (robust management)
        •  Model organisasi yang akan melahirkan inovasi adalah 
           organisasi yang amat mirip dengan kondisi biologis kita: 
           berskala kecil, secara ekologis (=interaksi) kaya, tidak 
           bermain spekulasi; yang anggotanya bersemangat 
           entrepreneur dan memiliki passion yang tinggi untuk terus 
           mencari peluang.
    What is Globalisation?
    • Proses pengembangan jaringan bisnis 
     melampaui batas satu negara
    • Penyebabnya:
      – Semakin meluasnya perkembangan ekonomi berbasis 
       pasar
      – Hilangnya batas-batas perdagangan internasional dan 
       FDI (Foreign Direct Investment)
      – Semakin rendahnya biaya komunikasi dan transportasi
            Global Competition forced changes in focus strategy
              Focus of                                                          Who is
              Business            Technology             Structure            expected to
                                                                            initiate change?
             production           mechanical            hierarchic             senior
    1980s                                                                    managers
             serving the          electronic             teams                middle
    1990s customer                                                          managers
               speed and
    2000s profitability of        integrated           networks
               innovation
    2010      Problem solving      environmental International 
                innovation                                networks
          Effects
          •   Globalization creates interlocking fragility, while reducing volatility and 
              giving the appearance of stability. In other words it creates devastating Black 
              Swans. We have never lived before under the threat of a global collapse. 
              Financial institutions have been merging into a smaller number of very large 
              banks. Almost all banks are now interrelated. So the financial ecology is 
              swelling into gigantic, incestuous, bureaucratic banks (often Gaussianized in 
              their risk measurement) – when one falls, they all fall. The increase 
              concentration among banks seems to have the effect of making financial crisis 
              less likely, but when they happen they are more global in scale and hit us very 
              hard. We have moved from a diversified ecology of small banks, with varied 
              lending policies, to a more homogenous framework of firms that all resemble 
              one another. True, we now have fewer failures, but when they occur….I shiver 
              at the thought (NNT page 225-226)