MANAGING in the

NEW WORLD

A study was recently conducted to understand from the business leaders themselves, on the most important leadership competencies. All the major leadership competencies have been grouped under five key headings. The most important one is possessing of strong ethics and safety. Another is the ability at self- organizing. Such people also need to themselves be efficient learners, and facilitate an environment for the same. Management training and leadership development sessions need to be facilitated organized by such a leader. The next one is to nurture organizational as well as personnel growth. New ideas too need to be embraced by the said leader. A sense of connection and belonging needs to be fostered within the organization.

Source:https://hbr.org/2016/03/the-most-important-leadership-competencies-according-to-leaders-around-the-world?utm_medium=social&utm_source=twitter&utm_campaign=hbr

Uploaded Date:10 August 2019

Neuroscience can be a highly effective tool in the process of better decision- making. It helps its adherents in turning more mindful. This has been illustrated better in a recent book released The Wise Advocate: The Inner Voice of Strategic Leadership, written by Jeffrey Schwartz, Josie Thompson and Art Kleiner. While there are limitations to neuroscience as well, its biggest advantage, is that it presents, a nominally neutral perspective. Due to its strong scientific grounding, an unbiased approach gets built in. Companies are thus arranging management training sessions particularly to build in mindfulness, based around the concept of neuroscience. This neuroscience can also work on the brain’s habit centre, that controls all daily operations. There is also a close link between the personal lives and the business realm. While transactional leadership is necessary, its strategic has longer term benefits. A lot of business leaders are missing these concepts, so the necessary sessions get arranged.

Source:https://knowledge.wharton.upenn.edu/article/the-mindful-leader-lessons-from-neuroscience/

Uploaded Date:30 July 2019

The old adage “older and wiser”, seems to be true for the field of management. This is certainly a field where years of experience tend to have a positive impact. Younger managers tend to have a more technical approach, which ends up being narrow. Older ones work through others, focusing on the overall corporate strategy, rather than the finer details. Age diversity has increased tremendously in the work place. As a result, now there is a pressing need to appreciate the differing concerns of the divergent age groups and generations. Age matters due to several reasons, one of which being the biological effect. Another is the generational effect.

Source:https://sloanreview.mit.edu/article/older-and-wiser-how-management-style-varies-with-age/

Uploaded Date:30 July 2019

Ivan Seidenberg was one of the legendary leaders at Verizon. He took over, what was then merely Baby Bell, before transforming it in to one of the largest tech companies in the world. Besides organic growth, the company benefitted massively from strategic tie- ups such through mergers and acquisitions. Several leadership lessons have emerged from the works of Ivan Seidenberg. The first such lesson is to be in control of the company’s future. The use of predictive analytics will be a good tool to go over this. The focus has to be pin pointed towards the ideal end results. A sense of accountability needs to be honed within the organization. Competition needs to be encouraged. Wherever it gets too tough, one must embrace the situation and take it head on. The talent recruitment process too needs to be geared towards hiring people with a future- minded orientation.

Source:https://knowledge.wharton.upenn.edu/article/can-hear-now-leadership-lessons-verizons-ivan-seidenberg/?utm_source=kw_newsletter&utm_medium=email&utm_campaign=2019-07-16

Uploaded Date:29 July 2019

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