MANAGING in the

NEW WORLD

There is one thing that truly unites the best of leaders. These great leaders put in a lot of focus on mastering relationships. This brings in multiple benefits to any organization. First of all, it is good for talent management as it inspires the teams to produce the best under cost- effective conditions. It helps business being conducted responsibly in a manner that will benefit the broader society. This practice also helps curate inclusive working environments where collaboration and employee growth are the constants. Due to the digitized nature of today’s work, this sort of inspirational leadership is all the more needed now. The structure then gets inclusive and employee- centric.

Source:https://sloanreview.mit.edu/article/why-great-leaders-focus-on-mastering-relationships/

Uploaded Date:13 May 2019

Four major digital blind spots have been identified which the team leaders must do everything to avoid. The first of these is based around corporate strategy. The next is cultural. So, the employees with the right fit need to be placed at crucial touchpoints. The third is around the human capital. This implies that the right level of talent recruitment needs to be carried out. Lastly, there are personal digital blind spots. The performance management gets largely impacted by such attributes. These four blind spots impact the prepared of leaders to leverage the digital economy. In a survey, less than a tenth confirmed that they possess the leaders who can take them to the next stage in the economy.

Source:https://sloanreview.mit.edu/article/dodging-digital-blind-spots/

Uploaded Date:13 May 2019

Instead of the traditional domineering boss, now it is the one who fosters two- way dialogue, who tends to win. This is because such leaders have the knack to track authentic business intelligence. The former types are so engrossed in their assumptions and biases, that they have little time to track the real changes. To effect this, leaders need to simply slow down. This will afford them the time and effort to listen in. A safe space needs to be created where all can vent their feelings, and be heard without undue fear of repercussions. Merely listening in will not help, unless the leader has a genuine interest and openness to getting views changed. It will be further helped by actually asking inviting, open- ended questions. Once the leader has absorbed it all, some time needs to be set aside for deep reflection. Things often make better sense on such quiet reflection. After this, the leader must summarize the views of the various team members, and also of oneself. This is done to ask for commitment on the new model of work then devised.

Source:https://www.strategy-business.com/blog/Why-Leaders-Who-Listen-Achieve-Breakthroughs?gko=7282c

Uploaded Date: 27/03/2019

In order to thrive as a leader in a firm, an essential requirement is to be trusted by the team members. For this to be achieved, some elements have been understood as necessary. To start off, the leader must develop positive relationships. This will help in the talent management imperatives at the firm. This includes conflict resolution and genuine feedback. One must develop sound judgement sense and domain expertise in the field. Only then will team members possess the confidence to approach the leader. Extremely crucial is that the leader must maintain consistency in approach. Employees do not trust leaders who are constantly dithering. One needs to follow up on the commitments made, and walk the talk. All leaders cannot possess all three of these skills in equal measure, but efforts have to be made to maximize each.

Source:https://hbr.org/2019/02/the-3-elements-of-trust

Uploaded Date:27/03/2019

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