MANAGING in the

NEW WORLD

While there exist a number of treatises on how micro-management must be avoided, organizations and team leaders continue to profess the same. A recent political example may now be cited to hammer home the point. Chile was struck by one of the worst ever earthquakes in recorded history in the year 2010. Around that time, the country had a new President, Sebastian Pinera. He was in charge of restructuring the entire nation and its economy. But instead of the hands-on approach that was expected by many, he empowered his ministers to carry out their jobs. The country recovered quite well, and also handled another crisis of a mine blast a few months later admirably well. These things could take place because the president put in trust above micro-management. Pinera proved to be very good at talent management, as his methods brought out the best among them all. Even his methods of recruitment were unusual, as he got people not necessarily best suited to the job, but those with an experience of handling crises situations. Pinera became the president for the second time in 2017.

Source:https://www.strategy-business.com/article/The-Best-Management-Is-Less-Management?gko=e1d9e

Uploaded Date:06 February 2018

[csblink]
SKYLINE Knowledge Centre

Phone: 9971700059,9810877385
E-mail: info@skylinecollege.com
© 2017 SKYLINE. All right Reserved.