Contemporary concepts in management

In this lesson

1. 0:00 Modern management in evolving business environments
2. 0:39 Change management and ecosystem collaboration
3. 2:03 Extended management beyond organisational boundaries
4. 3:03 Digital skills and technological capability
5. 4:00 Talent management in VUCA environments
6. 5:15 Key features of effective talent programs
7. 8:52 Flexible work and trust-based management
8. 10:08 Managing temporary and freelance contracts
9. 11:04 Self-awareness in digital skill development
10. 12:06 Summary and key concept review

About this lesson

This content is directly relevant to E2 Managing Performance and E3 Strategic Management, where understanding evolving management practices is essential for exam success. The lesson covers five core contemporary management themes. First, you'll understand how flatter organisational structures have expanded the manager's role to include greater collaboration and support for staff. Second, you'll explore how ecosystem environments require managers to monitor external participants and partners, not just internal operations. Third, you'll discover why digital skills are now non-negotiable—both for you as a manager and for your team—and how self-awareness of your own digital proficiency directly impacts your ability to identify gaps in others. Fourth, you'll examine talent management in volatile, uncertain, complex and ambiguous (Vuca) environments, including four key features: coaching talented individuals in leadership skills, involving them in networking, facilitating their communication with senior leaders, and enabling their engagement with external stakeholders. Finally, you'll consider the management challenges posed by flexible and remote working arrangements, including how to build trust without micromanaging and how to manage temporary, zero-hour and freelance contracts effectively. Throughout the lesson, you'll see why these concepts matter: modern managers must prepare themselves and their teams for rapid change, identify and develop critical talent aligned to organisational strategy, and create working environments that balance flexibility with accountability. By mastering these contemporary approaches, you'll be better equipped to lead effectively in today's complex business landscape and demonstrate the strategic thinking required at qualification level.

Duration: 13m