The more one rises in the business pyramid, the greater becomes the challenge to remain grounded. It is important to remain grounded, not only to connect with fellow professionals, but also ultimately with the customers buying up the products. That is why the term MBWA- Management By Wandering Around- has been popularized by the duo of Tom Peters and Bob Waterman. The idea here is that one cannot lead an organization simply from the top, but needs to have a connect with what is happening on the ground. This connect provides key business intelligence that can later be applied, as done so successfully at Disney. This concept has been best explained in a new book titled The Excellence Dividend penned in by Tom Peters himself. It also resonates with the traditional Japanese concept of shinrin-yokuthat translates into forest bathing.

Source:https://www.strategy-business.com/blog/Why-Wandering-Works-Wonders-for-Managers?gko=28355&sf194954980=1

Uploaded Date:01 September 2018