Problem:
I have seen many cases where conventional management practices continue to fail in organizations because those practices tend to only focus on profitability of the organization, rather that looking at the entire "big picture" that encompasses a holistic approach. This includes looking at how developing a product or service impacts the political and technological environment, in addition to how the end product or service impacts the consumer's life. But what would be the best example of this thought?
How do analyzing holistic management theories and concepts improve an organization's outcome? Also, what might be some examples that a department or organization create to smoothly transition to more efficient practices?
What are 2-3 key points that managers or executives need to take heed to when trying a holistic approach?