ИСТИНА

This paper illustrates an attempt to answer the question “what is the engine of management development”? The author provides different arguments, concluding that “engines” might include a combination of multiple factors. One of the key factors is a real business, which acts both as a driving force and as an inhibitory force of management. At the same time, it is a logic and an intuition of the idea generator and implementer. Usually it is a “crazy” leader and a team of like-minded people. Moreover, it is constantly changing conditions and circumstances of doing business. For example, global companies are continually striving to adapt or modify their activities to the following challenges: geopolitical and geoeconomic contradictions, ecological and social problems, etc. The author provides business cases of Russian and foreign companies. Finally, the paper summarizes the reflections on the current transformations in business, management, and leadership and emphases the new areas of business and management research and practice (e.g., inclusive management and leadership, smart mob organizations, creativity management, etc.). Keywords: Engines of management, business, leadership, new challenges for the business education, management in uncertain times.