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What are the challenges of working in the new economy? New economy paradigm is based on intellectual capital, information and telecommunication technologies, new types of

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What are the challenges of working in the new economy? New economy paradigm is based on intellectual capital, information and telecommunication technologies, new types of economic regulation, economic liberalization and globalization. New economy paradigm requires new management paradigm. Today's organizations have a lot of challenges in management in order to cope up with the new economy, new kinds of company require new management styles. Talent people create value to the intellectual capital of the organizations, and increase in its solidity, so they have to be valued and trained well through learning organizations for giving them the opportunity of adding more and more values. The manager's core work in this new economy is to create and support a work environment that nurtures continuous learning. Diversity nowadays organizations have employees of differences in gender, age, culture, prospective and religion, this is considered as a challenge as people of different back grounds have to deal and interact with each other to achieve the organizations purposes. As knowledge become the central resources of new economy, new technologies requires smart knowledge people. New economy is characterized by aggressive business competition because of globalization, the rapid change, advancing technologies and the fast moving information, which resulted in opening economies, global hyper-competition and interdependency of business

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