MANAGING in the

NEW WORLD

Miscellaneous

Like every other industry right now, the education sector is also fraught with a major crisis owing to the COVID- 19 pandemic and its further repercussions. There are certain tactics that institutions specializing in higher education in the US, need to consider, to ride against this storm. The first concern has to be towards the students’ overall well being. Their health, safety, studies, credit facilities, support services and the final outcomes. Teaching and business research is the next vertical that has to be worked on. This includes the course content redesign for online courses, local research partnerships and management training for the faculty members. Workplace policies will also need to be sorted for the non- teaching staff. This could include policies on internal communications. Campus operations are the next vertical. Sport is one aspect within it. It would also mean auxiliary operations and online delivery. Finance and legal is another vertical. And the final one is for external communications. The last one will also help leverage alumni relations.

Source:https://www.mckinsey.com/industries/public-sector/our-insights/coronavirus-and-the-campus-how-can-us-higher-education-organize-to-respond

Uploaded Date:16 April 2020

Executives and professionals have long prided themselves on implementing projects that look probable. However, to progress to the next level, it is only natural that they attempt beyond the probable, to the possible. A lot of unexpected difficulties are sure to arise at such situations. Habits of the human mind will also be tested. Data warehousing here becomes doubly important, as analysts can now take up more informed decisions on what to attempt. Different questions need to be posed then. Another way to plan for this is by considering multiple perspectives. Individual systems need be studied. Opposing ideas may be held without reconciling on any. This will also have several implications for the top leadership level.

Source:https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/delighting-in-the-possible

Uploaded Date:21 February 2020

To be successful at business in the ongoing century, one needs to constantly generate new ideas. But generating them alone may not prove to be fruitful, if the idea does not catch fire, and one cannot persuade others to buy in. Relevant others here includes investors, buyers and sellers. There are economists who go to the extent of saying that up to a fourth of the USA’s entire economy, is generated thanks to the profusion in new ideas. Entrepreneurs of startups, candidates during talent recruitment, politicians before elections, business leaders and sales people with customers all require that bit of nudge. One aspect noticed is that the art of persuasion has undergone little change since the times of ancient history. The first requirement, as the Ancient Greek used to call it is still Ethos or Character. The next is Logos that stands for Reason. Then there is Pathos which translates to Emotion. The last two are still Metaphor and Brevity. Even Aristotle believed that the art of persuasion could be learnt, so there is all the reason for present day organization to arrange for management training sessions for their employees in this.

Source:https://hbr.org/2019/07/the-art-of-persuasion-hasnt-changed-in-2000-years?utm_medium=social&utm_campaign=hbr&utm_source=linkedin

Uploaded Date:29 January 2020

Meetings are a common occurrence at most offices, but they are infamous for the lack of genuine conversation that takes place, at many. One way in which these meetings could be far more fruitful, is by ensuring that they remain a safe space, where honest conversations could take place. The policy on permission- taking for instance must be decided in advance, ideally to be more fluid. This will allow the participants to freely pose questions to anyone in it. Another area where attention ought to be paid is safety. Not just during the meeting, but this kind of safety needs to be ensured even after the discussions are done. Leaders adept at talent management will curate a condition where both the safety and permissions are taken care off for meetings to be more fruitful.

Source:https://hbr.org/2019/04/make-your-meetings-a-safe-space-for-honest-conversation

Uploaded Date:21 December 2019

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