ABSTRACT

This chapter summarises some important key trends that challenge business practitioners. It explains the key leadership trends and organisational trends. The chapter explores the growing importance of creativity and innovation. It also explains the need for business to face up to the impact of wealth creation activity on the environment and society. The chapter describes the importance of revisiting acceptable ethical and moral attitudes in the business practice. Societies need to create wealth in order to improve the well-being and happiness of their populations. The practices that generate wealth are often disrespectful of the environment and society. Ethical standards of legal business behaviour are in need of being recast. The world is at a pivotal point and in need of champions to lead in a way that pays heed to solidarity, subsidiarity and a realisation that scarce resources and finance should be used to raise the well-being of society.