MANAGING in the

NEW WORLD

When one wants to improve at something, certain questions need to be popped up. Countless sessions of management training and executive coaching take place for the high performers, but they will never reach the next stage, without a proper evaluation through these two fundamental questions. The first of these questions is whether the person wants to improve. Without a personal desire, no amount of coaching can inflict improvement. The second question is whether they are willing to forego some near-term success, even feel some pain for the long-term benefit. For reaching the stage of inspirational leadership, some trade-offs are always needed. So, commitment is necessary.

Source:https://www.hbr.org/2018/11/if-you-want-to-get-better-at-something-ask-yourself-these-two-questions

Uploaded Date:13 November 2018

One of the big challenges to problem solving at any work is the inability to appreciate the others’ perspectives, and be rooted to a single story. Oil pipeline projects are one such example as they never follow a single linear line. Company bosses though often look for a single best answer. These single answers may sound visionary, and in sync with the corporate strategy, but often not implementable. Complicated compromises have become the new normal. As imposed solutions aren’t durable, so such trade-offs are a common occurrence. This way of working must be incorporated to renew stuck projects. Due to the increased crowded and contested nature of any function, such compromises are a necessity.

Source:https://www.strategy-business.com/blog/Progress-Doesnt-Always-Follow-a-Straight-Line?gko=b3895

Uploaded Date:10 November 2018

There is right now in the business world, a massive demand to attract global-minded leaders. This extends to beyond merely learning a foreign language or being able to navigate in a foreign country. Such leaders with global fluency though are rare as proven through the Pearson Education and Skills Survey 2017. It corroborates with the business intelligence shared by the Economist Intelligence Unit (EIU) which states that merely 26% of US students undertook foreign language study, and only 12% perceived their studies to be under the ambit of a global curriculum. That is why a management training programme run by Professional Passport looks to hone such global leaders. To address this gap, it is suggested that next time one must either walk or use public transport next in a foreign country. This will help one absorb the cultural sensibilities of the place. One must try new meals locally. And one ought to absorb some form of local media, whether newspapers, TV or even digital.

Source:https://www.strategy-business.com/blog/Increasing-Your-Global-Fluency?gko=430ed

Uploaded Date:10 November 2018

It is imperative now for businesses to use the right written or spoken language. A move has to be made away from cluttered jargons. This is because how we convey information has a great bearing on the business results. Some words must so overused in the business lexicon include- bandwidth, engagement, alignment, right size, disruption, iterate, leverage, synergies, empower, transformation, pivot, scalable, holistic, buy-in, monetize, impactful, pain point, deep dive, consumers, scale, ideate and organic. There are three words in particular that need to be used in a different vein. The first of these is Consumers. This word is misleading, as consumption depends on need, which is forever shifting. Instead the word People will allow for a more depth. Empower is another such word. It was needed in the industrial age where there were strict command-and-control lines, with few people getting the sought power. But now, agility and business innovation are held dear, so Untether is a word that captures more meaning. The third is Alignment. Similar to the issues creeping up with empower, alignment too is a throwback on the industrial age. Now with hierarchical lines more fluid, the word Harmony better captures the essence.

Source:https://www.strategy-business.com/blog/How-the-Right-Business-Language-Can-Catalyze-Change?gko=a9639

Uploaded Date:10 November 2018

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