This paper discusses the challenges and problems facing managers in modern organizations and examines the implications of those challenges for the education and professional development of management personnel. The author illustrates his discussion by focusing mainly on the management of the Australian Broadcasting Commission, but he argues that the same basic phenomena and relationships occur in educational organizations and many other organizations as well. He begins by pointing out the potential conflict between the creative specialists and managers in an organization and suggests that the best solution is through enabling specialists to become managers. Regardless of their background, though, one of the most important things managers do is to manage the future. One mistake of management education in the 1960s, he argues, was overemphasizing solutions for specific future problems rather than educating people to handle change in general. He concludes that the aim of education for managers must be to prepare them to deal flexibly with an uncertain future, through training in the "old" field of the humanities and in the "new" field of the behavioral sciences. (JG)