MANAGING in the

NEW WORLD

A lot of businesses are now being gripped under clouds of digital transformation. Some have made a successful transition while others are still grappling with it. That is where agile teams can really make a difference. Unlike the popular perception, dictatorial style of management does not work well during crises situations. Due to the enormous variability in businesses, rigid structures are not well-inclined towards transformative processes. Agile teams on the other hand are adept at communication to realize the broad strategic ambitions of the firm. Agile leaders strengthen the communication lines within. They are great at imparting management training. That is why instead of commanding, they coach their team members. Learning loops get strengthened under such leaders who vouch for progress rather than perfection. Instead of measuring or rewarding individuals, agile leaders channel this towards entire teams.

Source:https://hbr.org/2018/07/how-agile-teams-can-help-turnarounds-succeed

Uploaded Date:27 September 2018

Team leaders, company founders, shop owners and sales managers, all have certain microscopic areas that they focus in. Those may be product details, fonts, shelf displays and customer conversion respectively. Yet, few are focusing on the real area that deserves prioritizing now- team management. The really good and experienced leaders focus on talent management over everything else. A few essential tips have thus been collated to manage effective teams. For a start, leaders need to be intentional when it comes to team guidance and talent recruitment. The hierarchy within any organization needs to be periodically reviewed. One needs to find ways to spot errors in the functioning as and when they occur, rather than waiting for formal reviews. For example, if one spots that people aren’t participating during team meetings, some method needs to be devised to close this gap.

Source:https://www.gsb.stanford.edu/insights/three-ways-lead-more-effective-teams

Uploaded Date:27 September 2018

Working remotely is the dream for many. It saves the hours of pointless travel to work and provides the flexibility to work ate one’s own pace. However, an unintended consequence is the shrinking of social life. The office space has become by default a second home to many, so a key social link goes missing when working remotely. Yes, there are periodic conference calls, plus there are genuine attempts at socializing, but it feels forced. The Katzenbach Center has studied many such cases to come up with solutions on how companies can bring back that element of socializing while continuing the remote work system, as it undoubtedly brings a lot of benefits. One needs to build virtual teams by fostering a sense of empathy within. Impromptu connections need be encouraged. An agile talent management system must be put in place to counter the usual rigidity. Slowly and steadily the habits of professionals may be changed by closing such interpersonal gaps.

Source:https://www.strategy-business.com/article/Virtually-Alone-Real-Ways-to-Connect-Remote-Teams?gko=147ef

Uploaded Date:15 September 2018

Rebecca Shambaugh has written several books such as Make Room for her, It’s Not a Glass Ceiling and It’sa Sticky Floor. She is considered an authority on leadership coaching and management training. She speaks about the travails of going too far with collaboration. Of course, collaboration is seen as a positive sign at corporates, but too much of it, gives out the signal that one is indecisive and over-complicates simple decision-making. Such people need to learn what to prioritize so they see the bigger picture. For this, they need key influencers in their entourage. Often, they instead end up spending three-fifths of their time on non-priority areas. People can even stop engaging in action because they tend to expect tardiness and over-thinking from such an overt consensus builder. So, an activity-based toolkit needs to be built for such situations.

Source:https://hbr.org/ideacast/2018/08/managing-someone-whos-too-collaborative?utm_medium=email&utm_source=newsletter_daily&utm_campaign=dailyalert_activesubs&utm_content=signinnudge&referral=00563&deliveryName=DM12562

Uploaded Date:27 August 2018

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