Sparking Innovations in Management

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Serrat, Olivier
Asian Development Bank; ADB; poverty; economic growth; sustainability; development
article description
{Excerpt} Gary Hamel defines management innovation as a marked departure from traditional management principles, processes, and practices (or a departure from customary organizational forms that significantly alters the way the work of management is performed). He deems it the prime driver of sustainable competitive advantage in the 21st century.