MANAGING in the

NEW WORLD

The tourism board representing the city of Paris has taken great pains to stress on safety as part of attracting inbound tourists. Due to sectarian clashes recently, tourism jobs have been hit hard, yet that is being downplayed by the authorities who insist all is normal. Jewish businesses in particular are being well protected. Certain tourists have even paid homage to the victims of recent clashes. French police can be found across the city though often in camouflage. 

 business innovations are transforming the work patterns in India. First is business analysis using big data. Enterprises are being consumerized. Computing is now possible across devices and not only on stand-alone ones. Network function is getting virtualized. There is now greater focus than even on the customer experience especially via digital marketing. Security of data is now an area of top priority as enormous amount of information is now being transmitted digitally. Communication is getting streamlined across organizations suing cloud technology. Cloud platforms are seeing major rise in demand. Then there is the concept of Internet of Things (I-o-T) which is revolutionizing the way we work. Revenue opportunities are also now increasing due to integration with CAPEX and OPEX.   

Business research has come up with certain procedures which enable creativity to be incorporated into regular jobs. One must volunteer for content development. Business innovation must be devised at departmental level to streamline workflow. Continuous learning by adding new skills or undergoing executive MBA must be part of the schedule. A vision board must be a part of each work station. Finally, each individual must take care of his / her personal brand and this will eventually reflect at workplace.

China is flexing its economic power in every field and outbound tourism is no exception. As per market research,some trends clearly point out to China’s ever increasing impact in this field in spite of a recent economic crisis. The crisis has affected a large populace but not the top 5% of earners who are the primary target for trips towards destinations such as California or Phuket. China is also experiencing terrible environmental hazards, and those who can afford wish to escape the same to cleaner and safer locales. Beyond money, getting visas was tougher until recently, but now the visa regimes internationally favour Chinese travelers. Places such as USA, Canada, Guam, South Korea, Australia and parts of the EU region are prominent examples. Hong Kong and Macau are losing their appeal among the upwardly mobile Chinese mainlanders who now wish to travel beyond the confines. Finally, international travel now involves a lot of prestige value in China.

While some businesses succeed, many fail. Some common denominators have been found which form the recipe for ending enterprises. The business model defines the product and its delivery the organization is targeting. Yet if it is too narrow in definition or not implementable, then in the long run it won’t work out as was the case with Xerox. In case a strong organizational culture goes missing, remote ends of the scale cannot be held together by the leadership. Technology means that in case we succeed, returns will not be in multiples but exponents. Thus a linear view of technology is undesirable. Flexibility in organizations is far more effective than a rigid corporate strategy.

Petar Mandich is among the top stars of YouTube. However, he himself is not the face, he is simply the manager behind the scenes for Joey Graceffa who is the famous actor cum artist. However, YouTube us where unconventional stars are created overnight and firms are taking full advantage of this fad through digital marketingcampaigns. YouTube’s revenue model is as yet uncertain and thus advertisements are a major source. Mandich is creating one star after another on YouTube while himself minting the fame from backstage.

While some leaders thrive on consistency, many others lose their way during the long, hard struggle called corporate life. As per business research conducted, five types of behavioral characteristics have been identified which can cause such fleeting but non-lasting success. Imposters are leaders who pretend to be so, yet do not have the requisite skills set. Their work involves ultra-aggression and mistrust. Rick Waggoner is an example of a leader gone astray by being too much of a rationalizer. Such people are quick to blame all external factors for failures. Glory seekers are those who seek adulation at the cost of the greater good and the cyclist Lance Armstrong is such a case. Loners are leaders who cannot work in groups and who do not heed to advise frommanagement consulting practitioners. Finally, shooting stars are such leaders who are so ambitious that they jump jobs too soon without learning the work and also cannot manage work-life balance.

[csblink]
SKYLINE Knowledge Centre

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