Contrary to perceptions fanned by popular media, dictatorial styles of leadership do not succeed at times of crises. Instead, they work best when there is stability and standard operating procedures get followed. That us why a more democratic approach is needed during business turnarounds. Crises where leaders had scant confidence in their subordinates failed such as the Sears disaster or Hurricane Katrina. Thus, those good at talent management are shedding command-and-control methods in favor of agile ones. A global engineering firm called Worley Parsons is a good example of an organization that has implemented agile work methods. This proved far more effective than the earlier model of cost-cuts. The top-down command structure was replaced by a more inclusive one comprising of team huddles and backlog prioritization. The best of agile team leaders constantly communicate with their team. Instead of being commanders these leaders act as coaches. On-the-job corporate training takes help of learning loops with progress being emphasized rather than perfection. The reward systems once established are carried forward to the bigger teams as well.

Scource:https://hbr.org/2018/07/how-agile-teams-can-help-turnarounds-succeed

Uploaded Date:18 July 2018