|
New Management Model for the New Knowledge Economy of Rampant Change and Rapid Globalization |
|
By: Vadim Kotelnikov, Founder, Ten3 Business e-Coach – Inspiration and Innovation Unlimited, 1000ventures.com, 1000advices.com
Ten3 Business e-Coach
starts the list
Top 100:
Best e-Learning Websites
See details & Download free e-book
|
"Good management cannot compensate for a lack of vitality." – Jean-René Fourtou, Chairman of Rhône-Poulenc |
|
|
Organizational & Management Evolution: Three Stages7
|
|
New Management Model versus Traditional One1
|
Traditional Model
|
New Model
|
Managing Assets
|
Managing Resources and Capabilities
|
Built around assets
|
Built around capabilities
|
Focus on managing numbers
|
Focus on creating value
|
Hierarchical
|
Networked
|
Independent parts
|
Interdependent parts
|
Reactive
|
Responsive
|
Command and control
|
|
Rationality and analysis
|
Intuition and analysis
|
Risk-averse blame culture
|
Encouraging radical ideas and risk-taking
|
Why New Management Model? The old traditional ways of managing not longer work and will never work again. The old management practice has been erected on the assumption of human limitations as a basis for organizing. "This assumption is so pervasive that it can be found in almost every aspect of conventional managing, from the way we over-bureaucratize our organizations and control the workforce to the way we develop and impose strategies on others without their participation or consideration of their potential contribution."3 In the new knowledge-driven economy, people have become your firm's most precious and underutilized resource. They are your firm's repository of knowledge and they are central to your company's competitive advantage. Well coached, energized and highly motivated people are critical to the development and execution of strategies, especially in today's faster-paced, more perplexing world, where top management alone can no longer assure your firm's competitiveness. At all levels, your company needs people who can deliver at the frontier of performance. They must understand where your company is going and be able to influence this path. They must share in your company's fortunes and be motivated to push for greater achievements. 12 Breakthrough Ideas for the New Economy Source: Harvard Economic Review The best ideas related to the practice of management. If you know somebody has used them, don’t try to repeat. Simply consider them, debate them and let them inspire your own thinking!... 2. Monopoly on Creativity: What is nowadays’ key economic resource? It was proved that only creative people can “reach the moon” and make the company flourish... More Leadership – the New Managerial Task In the new era of rapid changes and knowledge-based enterprises, managerial work becomes increasingly a leadership task. Leadership is the primary force behind successful change. Leaders empower employees to act on the vision. They execute through inspiration and develop implementation capacity networks through a complex web of aligned relationships. In the increasingly turbulent and competitive environment firms face today, a new type of "entrepreneurial" leader distinct from other behavioral forms of managerial leadership is required. Entrepreneurial leadership is the primary force behind successful change. Entrepreneurial leaders discover emerging business opportunities and empower employees to act on the vision. They execute through inspiration and develop implementation capacity networks through a complex web of aligned relationships... More
To maximize your long-term success you should
strive to be both a
manager
and a
leader
and to
synergize their functions. Merely
possessing management skills is no longer sufficient for success as
an executive
in
today's business world. You need to understand the differences between managing and leading
and know how to integrate the two roles to achieve organizational success...
More Inspirational Leadership: 10 Roles Inspirational leaders create an inspiring culture within their organization. They supply a shared vision and inspire people to achieve more than they may ever have dreamed possible. They are able to articulate a shared vision in a way that inspires others to act. People do what they have to do for a manager, they do their best for an inspirational leader... More Effective managers need to coach. Bearing in mind the fast pace of business today and the need to stay competitive, it's essential that managers should be effective. They need to be especially effective with their people and this requires learning to coach. For most managers, coaching has been added to their role anyway, but the majority haven't received any training in coaching skills. More than 80% of organizations use coaching to develop their staff, but only a fifth train their managers in coaching, according to a survey by the Work Foundation... More Systems Thinking Systems thinking, the ability to see things holistically, including the many different types or relationships between the many elements in a complex system, characterizes many of the today's world's leading executives. Systems thinking "focuses on the whole, not the parts, of a complex system. It concentrates on the interfaces and boundaries of components, on their connections and arrangement, on the potential for holistic systems to achieve results that are greater than the sum of the parts. Mastering systems thinking means overcoming the major obstacles to building the process-managed enterprise - for every business process is a whole system."13... More NLP and the Modern Manager Neuro-Linguistic Programming (NLP) is the psychology of excellence and the technology of achievement and success. In new era of rapid change, systemic innovation, knowledge enterprises, employee empowerment and creative teamwork, an increasing number of executives shift emphasis from classic control-based managerial practices to managing the web of relationships in their organizations.
They realize that it is their
expertise in building and maintaining harmonic
relationships
between workers
and managers,
between employees and customers that makes the difference and
helps their companies to achieve
sustainable growth. If you wish to be a
new manager, you must
understand that your art of working with other people is the most important
one you should master, and your capability of
influencing others and
motivating them to achieve
corporate goals is the most important manager's talent.
New Focus: Managing Business Enablers... Five Key Questions To Which Managers Must Provide Coherent Answers... New Ways of Working with People... New Approaches to Employee Motivation... Energizing Employees... Working Within the Ambiguity... Leading Knowledge Workers... Volatility Leadership... Winning Corporate Culture... Empower Others... Relentless Growth Attitude... Energizing Employees... The Fun Factor... Five Manager's Mindsets... Leading Systemic Innovation Teams... Creative Leadership... Systems Thinking... Building Business Synergies... Cross-functional Excellence... Strategy Pyramid vs. Strategy Stretch... Case in Point Lessons from Jack Welch...
|
|||||||||||||||||||
The Tao of 
|
References:
|
|
