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Management article
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Reference no. 80105
Authors: Chris Handy
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1980

Abstract

Society is entering a period of discontinuous change where traditional societal and organizational assumptions are no longer necessarily true. The assumptions which will underlie any new approach to management of organizations are: contractual organizations are most efficient, labor is an asset, and organizations are communities. The new assumptions combined with possibilities inherent in the new electronic technology have implications for society as a whole: people will determine more freely how and when they work; new contractual workers will perform much of the marginal work in society; change will not come from existing institutions but from new ones that will bypass their predecessors.

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Abstract

Society is entering a period of discontinuous change where traditional societal and organizational assumptions are no longer necessarily true. The assumptions which will underlie any new approach to management of organizations are: contractual organizations are most efficient, labor is an asset, and organizations are communities. The new assumptions combined with possibilities inherent in the new electronic technology have implications for society as a whole: people will determine more freely how and when they work; new contractual workers will perform much of the marginal work in society; change will not come from existing institutions but from new ones that will bypass their predecessors.

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