MANAGING in the

NEW WORLD

During times of crisis, leaders’ talent management skills are put to the maximum test. There are certain behaviours that help leaders to manage more smoothly, at times of such crises. One such behaviour is to prioritize speed over utmost precision. Some amount of accuracy does get eroded in this process, but one can get the desired results quicker. The next is to adapt boldly. Several innovations could emerge at this time, while others could be merely spoken of. None of these will be successful unless one adapts at pace. One need also to deliver their projects reliably at such situations. And finally, engagement is critical. This engagement has to be targeted to create an impact. The entire leadership team must undergo strenuous management training sessions in order to hone this skill. Perfection will emerge once execution starts.

Source:https://hbr.org/2020/04/4-behaviors-that-help-leaders-manage-a-crisis?utm_medium=email&utm_source=newsletter_daily&utm_campaign=dailyalert_activesubs&utm_content=signinnudge&referral=00563&deliveryName=DM75017

Uploaded Date:16 April 2020

During these testing times amidst the COVID- 19 Pandemic, it is essential that empathy been shown by the business leaders. There are several stumbling blocks to this, though fortunately, there are also solutions to them. One key problem is the prevalence of too much Alpha or aggression. To stem this, leaders must remember to remain humane. There is also significant gender imbalance. This requires a more long- term approach by improving the ratio of women hired during the talent recruitment process. The CEO often lives within a bubble. They need to keep a tab on their handlers. There is also much over reliance on written statements. Instead, corporate training sessions must increase the focus on hands- on demonstration of the work to be assigned. Now is essentially the time to bridge the empathy gap.

Source:https://www.strategy-business.com/blog/How-leaders-can-bridge-the-empathy-gap-in-a-crisis?gko=46d15

Uploaded Date:31 March 2020

With business processes undergoing a gradual, yet rapid change, a kind of leadership needs to be cultivated that will be geared to solve the future problems. If needed, companies need to implement management training programmes that will curate this form of futuristic leadership among a few at least. There are some characteristics that such leaders tend to display. One is a clear distaste for office politics. Another is a frame of mind that goes against the traditional leadership or authoritarian mannerisms. He or she needs deep expertise in one’s area, plus a passion to cool down the problems, even if they can’t be instantly solved. They need to step up when needed, but also know what it takes to step out as well. These leaders tend to possess a Spartan office, as they have little interest in the typical trappings of bossism. They don’t mind stepping out of the usual status quo. Unfortunately, these challenge- driven leaders aren’t always the best at talent management. That is why their focus on team members’ social or emotional needs, isn’t well focussed. But they are highly tolerant of some members’ idiosyncrasies, knowing fully well how those few individuals contribute disproportionately high to the final outcome. Another fault of theirs is an overdose of reliance on numbers or micro- analysis. These traits typically serve them well when leading any entrepreneurial venture.

Source:https://www.strategy-business.com/article/How-to-Cultivate-Leadership-That-Is-Honed-to-Solve-Problems?gko=946f4

Uploaded Date:31 March 2020

It has been roundly observed that the best of leaders tend to be versatile as well. This versatility entails several other related qualities. While leading, these leaders can be forceful as well as enabling at the same time. Behaviourally, they can assert positional as well as personal power. They possess exceptional talent management which they showcase by involving others, as this brings out the best in the people. Versatile leaders take charge, are decisive, but also demanding. They empower their team members, while also supporting them. The best of leaders are good at the operational side, but also excel in drafting the corporate strategy. The company’s direction is then focused towards long- term growth and innovation. They bring in the much needed discipline which goes a long way in execution and implementation of the tasks focused on.

Source:https://hbr.org/2020/03/the-best-leaders-are-versatile-ones?utm_source=facebook&utm_medium=social&utm_campaign=hbr

Uploaded Date:11 March 2020

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