MANAGING in the

NEW WORLD

Leadership

Time is of the essence, especially in the field of management. The best of business leaders need to understand the sense of urgency and pace of colleagues’ work. The tenure of CEOs has also changed, from eleven years in 2002 to just six now among the Fortune 500 companies. Time may also be construed in two ways- clock time and social time. Punctuality and predictability are accorded utmost importance in clock time, while in social time, a fluid sense of natural rhythm encapsulates all. In Latin and Southern European cultures, it is social time that is accorded prime importance, which the same may be said for clock time among Anglo Saxon cultures. There is also much criticality of flow. Four types of leaders have been identified in a study conducted. One is the Clock- paced leader, who has high timeline, but low synchronicity preferences. The complete opposite is the Socially facilitative leader, as this type focuses high on talent management. Low on both counts is the Creative leader, while the Temporally agile one scores high on both.

Source:https://www.strategy-business.com/article/Management-Is-All-in-the-Timing?gko=497a9

Uploaded Date:28 October 2019

The Harvard Business Review (HBR) has compiled its annual list of the hundred best performing CEOs worldwide. Jensen Huan of NVIDIA tops the list. Much detailed business research was conducted by the HBR to come up with this index. The business’s long- term sustainability was also given marks for. Marc Bieroff from Salesforce comes second. At third is Francois- Henri Pinault. He is also the highest ranked among those with an MBA degree. Ajay Banga of Mastercard, Shantanu Narayen of Adobe, and Satya Nadella from Microsoft are two Indian- origin individuals in the top ten. The highest ranked woman is Nancy McKinstry, who is the CEO of Wolters Kluwer. Some of the other companies that find themselves on this list include the likes of LVMH, L’Oréal, Nike, Valeo, KBC, Texas Instruments, Dassault, 3i, JP Morgan Chase, Vinci, Black Rock, Goodman, Givaudan, Ventas, Capital One, Cisco, Kao, Lockheed Martin, Estee Lauder, Ecolab, DSM, ADP, Amadeus, S&P Global, Boston Scientific, Fed Ex, Disney, DNB, Apple, Tencent, ACS, Peugeot, BCE, Allianz, Astra Zeneca, Aon, CSL, Diageo, Visa, DBS Bank, UPM, DSV, Comcast and Schneider Electric.

Source:https://hbr.org/2019/11/the-ceo-100-2019-edition

Uploaded Date:28 October 2019

The human brain has two broad divisions. One is the pre- frontal cortex, while the other is the amygdala. People whose dominant side revolves around the former, tend to be reactive and impulsive. Those where the latter dominates, are much more thoughtful, and their actions deliberate. It is the latter type, who tend to be far more successful as global business leaders. This is because they can concentrate on the bigger picture, working on aspects outlined in the corporate strategy document, rather than micro- manage, and work on the nitty- gritty. One needs to avoid the inner lawyer that tends to delay or provide excuses for tasks not completed. These two selves outlined, need to be played out against each other, by the individual, to strike the right balance.

Source:https://hbr.org/2019/04/great-leaders-are-thoughtful-and-deliberate-not-impulsive-and-reactive

Uploaded Date:28 October 2019

There are some behavioral traits that set apart the most successful of CEOs. One of them is their efficiency at decision- making. It is always done with speed, but also with utmost conviction. It is also essential for the best of CEOs to understand, when not to take any decision or delay the same. Their engagements with people around, are impactful. For this, they take utmost care to avoid any case of emotional contagion. These leaders are also adept at adapting. This is especially a critical trait now due to the speed of disruption all around. Beyond this, they are also good at delivering results, consistently. To do this, they need to ensure that realistic targets have been set. A sound corporate strategy is needed, before jumping headlong in to execution, which many CEOs have the tendency to do.

Source:https://hbr.org/2017/05/what-sets-successful-ceos-apart?utm_campaign=hbr&utm_source=twitter&utm_medium=social

Uploaded Date:24 October 2019

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