What is The New Normal?

Seebacher, Uwe G.

Continuing with the theme of changes that are happening and still required within management, I will outline some of the microlevel issues that have manifested themselves as a result of the dissatisfaction that companies both large and small, and their managers, have voiced during interviews, meetings, and conferences. These changes have gained increasing momentum in the past few years due to the dot.com bubble, the general downturn in the world economy, and the recent scandals at several very large companies. The transformations that are on the horizon are many. They range from taking a closer look at how large companies, especially corporations, are run, to the increasing pervasiveness of Information and Communication Technology (ICT) in the workplace and in society. As I wend my way through these topics, I will discuss their impact on the general trend toward the use of smaller, more effective, and more reasonably paid consultancies.