MANAGING in the

NEW WORLD

In the present era of quick-fire changes in the business scenario, a lot of organizations are unsure of how to use its experienced senior leadership that may not be digitally savvy. A lot of CEOs are unfortunately unable to hone their managers in the right direction. To do this, one can start off by arranging specific corporate training sessions where these managers will be trained to play within the new rules. Any such workshop is mission critical for the business, so must look to overcome three key factors holding the development back. The first thing to overcome is fear. The next one is to overcome denial. And finally, one needs to overcome the learning blocks. No training will ever be fruitful unless the biases get rooted out.

Source:https://www.mckinsey.com/business-functions/organization/our-insights/a-ceos-guide-to-reenergizing-the-senior-team?cid=other-eml-cls-mip-mck-oth-1808&hlkid=902bbdf3ab004add9ac53c27cac6c5e2&hctky=2657824&hdpid=4f7468c1-7228-4b4e-a467-4e92b5544f68

Uploaded Date:25 August 2018

Neuroscientists and psychologists are debating on what really happens to the human brain when tough executive decisions are to be made. Some of these decisions weigh on ethics, consequences and people matters. At times such decisions need to be made for the benefit of the broader organization, that will have adverse impacts on some people. A lot of these decision-makers then suffer stress from the years of deciding for others. Fortunately, certain corporate training sessions designed towards mindfulness and executive coaching do relieve a part of this stress. These exercises help individuals to come out of their familiar domains and start exploring new ones. This helps refresh the mind. So, an HR expert may be highly experienced at talent recruitment, but dabbling in some merger and acquisition activity can add an extra dimension. On each such impact, the mind is affected by two recurring patterns- High Road and Low Road. The former is strategic, while the latter is tactical. A sustained effort at mindfulness does wonders for enhancing the Wise Advocate or the High Road.

Source:https://www.strategy-business.com/article/The-Neuroscience-of-Strategic-Leadership?gko=d196c

Uploaded Date:18 August 2018

A form of leadership known as challenge-driven is one that brings solutions at times of great upheaval. This form of leadership is not always pertinent but in particular useful at times when entrepreneurship or business innovation are required. It is a version which has been best adopted by MIT graduates. They tend to add enormous economic value besides their obvious contributions in science and technology. More than four and a half million people are employed in firms owned by MIT grads. Another key feature of this challenge-driven leadership is its anti-leadership frame of mind. This is a typical trait at MIT as people there seek to solve global problems rather than simply lead large profit-driven corporations as is often the case at say Harvard. Some of the other features of this style are deep expertise in one area, distaste for office politics, boredom with routine tasks, excessive analytical bent of mind, broad working knowledge and a preference for a spartan office space.

Source:https://www.strategy-business.com/article/How-to-Cultivate-Leadership-That-Is-Honed-to-Solve-Problems?gko=6eab0

Uploaded Date:18 August 2018

Due to the rapid pace of disruption and technological change, managers today need to be constantly in a state of readiness to accept newer trends. Leaders are constantly facing challenges these days which are outside of their formal education or area of core expertise. That is why, leaders these days need to be equipped with a learning agility. This is the ability to incorporate newer trends on the spur, beyond formal management training classrooms. There exist some key learning accelerators. But for each such accelerator there are also learning blockers. Looking back, around and ahead are those accelerators. To put brakes on these there is the occurrence of looking for the status quo to not change. Those looking for the comfort zone may also look for easy ways at doing things. If nothing works, such learning breakers simply insert some timely excuse.

Source:https://www.strategy-business.com/blog/How-Transformation-Ready-Leaders-Learn?gko=3a8a5

Uploaded Date:16 August 2018

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