The document discusses trends in strategic management, including the rise of new economy concepts in the 1990s, major themes in business strategy like cost cutting and outsourcing, and forces shaping company strategies in the early 2000s like advances in technology and demands from society. It also covers emerging organizational forms like process-based organizations, project-based organizations, and network organizations. Key leadership competencies needed for the future are discussed, like creativity, flexibility, and vision. Complexity theory and its implications for management, like emergence and agent-based search, are summarized.