Challenges to Strategic Management in Modern Society

Abstract

The study and analysis of changes in terms of the transformation of social systems is a serious and difficult undertaking, and all this is of particular importance for our subsequent actions. Significant changes today, especially in the context of digitalization, new technologies, and climate change, provoke new challenges that can change the roots of human civilization. This requires that the future transformation of social systems be considered in reverse order, i.e. to reverse the order of consideration - transformation of technological systems and their influence on social ones. Every social system already includes a serious technological component and it must be determined which is dominant.

Social development is accompanied by a series of ongoing crises that change social systems. Social systems have their own characteristics and cannot exist on their own. Despite the fact that in both scientific and popular literature there are different definitions and different interpretations, they are the ones that form the social attitudes of individuals in the environment. Signals for change in social systems are a large set of events and actions that occur in a certain sequence. Such can be frequent regional military conflicts and tension in certain communities, which create discomfort in the coexistence of a certain group of people, and many others. This paper examines the occurred and possible social transformations of our society.

Keywords: Social systems, Strategic management, Transformations, Governance, Climate change, Digital revolution