Challenges of the New Century free essay sample

This paper looks at the future of business in the 21st century, and changes that should occur in organizational structures and management. This paper presents a look at two of the main challenges that are going to face businesses in the 21st century. We will write a custom essay sample on Challenges of the New Century or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The author takes the reader on a tour of possible challenges and details why they will occur and what might be done about them. The paper discussed the impact that is likely to happen to organizational structure as well as management practices. Business has been around since the beginning of time. As the world has evolved so have the businesses. Each time technology moves us a bit further along on the time line of history we move the ways we do business to accommodate the changes. The technological boom of the last three decades however, has provided us with means that we never dreamed possible. While this is a positive change for many areas of business it is also a challenge as we move into the 21st century. There are two essential challenges that will occur going into the next century and the management practices and organizational. Structure will have to change to accommodate them. The advent of the Internet as well as telecommuting is both relatively new business components. Each of them has advantages as long as business management and organizational structure change with them.