Stephen Bauld's latest Procurement Perspectives column looks at making decisions during a time of constant change.
Managers develop as they become progressively more adept at learning how to identify and satisfy needs.Complicating that development is the fact that needs change. More than any society that has come before, our society is one dominated by an endless process of dynamic change.
Eight and 16-bit computers came and went over the space of a few years and along with them has vanished two floppy drive technologies and a host of different types of operating and system software including CPM and MSDOS. However, the constantly shifting environment in which organizations operate means those who seek to stop may find themselves left behind.
Jack Welch, whose career with General Electric has been the subject of a good many leadership related studies, once said that he had only three jobs as its chief executive officer: selecting the right people, allocating capital resources and spreading ideas quickly around.
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