Is a networked world the new paradigm in management?
Some managers would say no, nothing has changed in my business; My answer is yes, we must have a networked world. What makes me say this?
Are you experiencing a VUCA world?
Many people toss around the term VUCA, they think the world is more ‘complex’ because it is VUCA. This is lazy thinking because each element—Volatility, Uncertainty, Complexity, Ambiguous—affects different organisations to a greater or lesser degree.
Here are VUCA challenges and your suggested responses.
Adapted from:
‘What VUCA Really Means for You’, Nathan Bennett and G. James Lemoine, Harvard Business Review, January-February 2014, p27
‘What a difference a word makes: Understanding threats to performance in a VUCA world’, Nathan Bennett and G James Lemoine, Business Horizons (2014) p57, 311-317
All life is an experiment. The more experiments you make, the better. - Ralph Waldo Emerson
I suggest all responses would be more effective by creating responses not from one organisation, but from a network of organisations. So, that is one reason a networked world is the new paradigm in management.
What situations are managers facing?
This story is from the May 2020 edition of Indian Management.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 2020 edition of Indian Management.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Trust is a must
Trust a belief in the abilities, integrity, values, and character of any organisation is one of the most important management principles.
Listen To Your Customers
A good customer experience management strategy will not just help retain existing customers but also attract new ones.
The hand that feeds
Providing free meals to employees is an effective way to increase engagement and boost productivity.
Survival secrets
Thrive at the workplace with these simple adaptations.
Plan backwards
Pioneer in the venture capital and private equity fields and co-founder of four transformational private equity firms, Bryan C Cressey opines that we have been taught backwards in many important ways, people can work an entire career without seeing these roadblocks to their achievements, and if you recognise and bust these five myths, you will become far more successful.
For a sweet deal
Negotiation is a discovery process for both sides; better interactions will lead all parties to what they want.
Humanise. Optimise. Digitise
Engaging employees in critical to the survival of an organisation, since the future of business is (still) people.
Beyond the call of duty
A servant leadership model can serve the purpose best when dealing with a distributed workforce.
Workplace courage
Leaders need to build courage in order to enhance their self-reliance and contribution to the team.
Focused on reality
Are you a sales manager or a true sales leader? The difference, David Mattson, CEO, Sandler® and author, Scaling Sales Success: 16 Key Principles For Sales Leaders, maintains, comes down to whether you can see beyond five classic myths that we often tell ourselves about selling.
