Using APA reference What are the major challenges facing today and tomorrow's management and organizations ?

The major challenges facing today and tomorrow's management and organizations include globalization, technological advancements, workforce diversity, and changing consumer preferences. These challenges require managers to adapt and innovate in order to remain competitive in the global marketplace (Kotter, 2012).

Additionally, the rapid pace of change in the business environment, including economic uncertainty and political instability, presents challenges for organizations in terms of strategic planning and decision-making (Hitt, Ireland, & Hoskisson, 2013).

Furthermore, the increasing importance of sustainability and corporate social responsibility requires organizations to consider the long-term impact of their actions on the environment and society (Porter & Kramer, 2011).

Overall, managers and organizations must be proactive in addressing these challenges in order to thrive in today's dynamic business environment (Kotter, 2012).

References:

Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2013). Strategic management: Concepts and cases: Competitiveness and globalization. Cengage Learning.

Kotter, J. P. (2012). Leading change. Harvard Business Review Press.

Porter, M. E., & Kramer, M. R. (2011). Creating shared value. Harvard Business Review, 89(1/2), 62-77.