StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Tom Peters on Uncertainty - Essay Example

Cite this document
Summary
In the essay “Tom Peters on Uncertainty” the author looks at Tom Peters, management consultant and business guru, who said that "The only thing we can be sure of in the 21st century is that we can be sure of nothing". While this may send fear into the hearts of the investment community…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Tom Peters on Uncertainty
Read Text Preview

Extract of sample "Tom Peters on Uncertainty"

The post-bureaucratic era has introduced many new norms for institutions and businesses. While the staid structures of the clearly defined hierarchy may have served history well, they can not keep pace with the speed of change in today's world. By understanding that we are faced with continual uncertainty, organizations can restructure to take advantage of that change. Networking and team concept approaches can offer the ability of an organization to react and act in the face of sudden change.

While many opportunities will exist, it is the organizational structure most adept at handling change that will define the success of the failure.The globalization of capitalism has also presented new markets and manufacturing bases. Yet, here again, the organization is faced with uncertainty. The firm may find itself embroiled in international politics or environmental issues that may threaten to sink their investment. The venture must be structured in such a fashion that they can withstand the assault of the unknown.

Cultural and political awareness of the regions where they do business is a start, but they must also project socially responsible behavior. A company may be wading into untested waters around the globe and it is wise to take along a life support system.Capitalizing on new technology can be a great success or a bleak failure. New technology often results in a loss of jobs or displaced workers. Technology has made outsourcing a better option to increase profits but is filled with uncertainty. There may be a political or social backlash against the practice, which could result in poor public relations or consumer boycotts.

The corporation must be aware that these uncertainties exist and be prepared to confront political groups. This may be the road to greater profits, but can only be navigated by a firm prepared to deal with the uncertainty.To sum it up, Peters was giving the business community an insight into the opportunities and the dangers of sudden change. The rapidly changing face of globalization and technology has presented managers with a new set of variables for the 21st century. Organizations must be structured to accommodate the sudden change.

Employees need to be aware of an expanding global presence and prepare themselves to act in the global interest. 'Business as usual' no longer exists and those that aren't prepared for sudden change will perish. By following Peters's warning, the firm will be presented with a new set of challenges and find many new opportunities amidst the changing landscape of the 21st century.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Tom Peters on Uncertainty Essay Example | Topics and Well Written Essays - 500 words, n.d.)
Tom Peters on Uncertainty Essay Example | Topics and Well Written Essays - 500 words. https://studentshare.org/sociology/1522761-tom-peters-on-uncertainty
(Tom Peters on Uncertainty Essay Example | Topics and Well Written Essays - 500 Words)
Tom Peters on Uncertainty Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/sociology/1522761-tom-peters-on-uncertainty.
“Tom Peters on Uncertainty Essay Example | Topics and Well Written Essays - 500 Words”. https://studentshare.org/sociology/1522761-tom-peters-on-uncertainty.
  • Cited: 0 times

CHECK THESE SAMPLES OF Tom Peters on Uncertainty

The General Principles of Contract Law

In the case of contracts where the price for a service or transaction is to be determined, this element of uncertainty has become even more relevant.... The extent to which Courts have allowed recoveries in some cases has been determined by the extent to which damages may be suffered by one party, but when there is uncertainty introduced into the contract or pre-contractual agreement, such recoveries may be difficult....
8 Pages (2000 words) Case Study

Commercial Conflict of Laws: Issues of Jurisdiction

The following paper dwells on the problems pertaining to e-commerce and online defamation.... Notably, business over the Internet is always vulnerable to legal risks.... Mere compliance with domestic laws is insufficient; because compliance with local laws is limited to a specific jurisdiction.... hellip; The author of the text touches upon the conflict of laws issues in terms of business over the Internet....
14 Pages (3500 words) Research Paper

Equity and Trusts, Elements of Proprietary Estoppel

The idea of equity developed in the Middle Ages (a period of European history that between the 5th and the 15th century.... as the society struggled to eliminate the strict application of common laws by the Royal Courts.... The idea of equity allowed the aggrieved parties in the… om to petition the Crown, with their appeals eventually being sent to the Lord Chancellor, the Crown's chief minister who mostly happened to be a member of the clergy1....
12 Pages (3000 words) Essay

Democratic Reform and the Collapse of the Soviet Union

Many academics and theorists argue that democracy is a viable option for all nations today, because it is the best political and economic option for “improving the welfare of the poor” (Ross, 2006, p.... 60).... The rationale for this argument is that democracies, as opposed to… It therefore follows that since poverty affects all states, democracy must certainly be a viable option for all states....
8 Pages (2000 words) Essay

"The Things they Carried," by Tim O'brien

The misguided anticipations of a cohort of individual significance to a character and that the uncertainty of a particular with respect to a proper course of action.... The story's event date back to 1968 when he had graduated a month earlier and received a draft notice to join in the fight in the Vietnam War....
4 Pages (1000 words) Book Report/Review

Consent to Physical Harm Based on Logical Principles

The paper tells that the concept of consent as a valid defense to physical harm in assault cases has proved problematic to apply in practice.... nbsp; In general, consent can never be a defense to homicide and is only available in non-fatal offenses against the person, including assault, battery, and rape....
17 Pages (4250 words) Research Paper

Continuing Uncertainty as to Certainty of Objects of Trusts Powers

This research “Continuing uncertainty as to Certainty of Objects of Trusts Powers” will discuss in detail about the necessity to have a clear, concise definition of objects of trust else there will be continuing uncertainty over the objects of a testator's real intention....
12 Pages (3000 words) Dissertation

Identity Problems in the Nowadays Media

The essay "Identity Problems in the Nowadays Media" talks about the problem of describing the types of identity being presented in the media and this representation is problematic.... hellip; Through the media, companies are likely to continue exploiting consumers with such messages to ensure they maximize their profits....
7 Pages (1750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us