2. Recent management practices

It's difficult to distinguish between practices that will revolutionize management in the long term (as did Taylor's scientific organization of work or Drucker's management by objectives), and others that will merely be a fad with no future (quality circles).

We have chosen three recent trends that we believe are likely to profoundly challenge and transform management practices: the redefinition of the company's place in society, its boundaries, and its strategic processes.